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MOgenl
Aug 12
Eternityc
Mountains and rocks are in the arms of the moon and the sea
MOgenl
Aug 12
Eternityc
Mountains and rocks are in the arms of the moon and the sea
Most popular by MOgenl
Collateral
Smart contract
DEX
Gas fees
DAO
Liquidity pools
Most popular by MOgenl
Collateral
Smart contract
DEX
Gas fees
DAO
Liquidity pools
MOgenl
Aug 12
Fenksc
Fenksc opoh jilu bln qui nl hu tyuo Euijn
MOgenl
Aug 12
Fenksc
Fenksc opoh jilu bln qui nl hu tyuo Euijn
Gas fees
MOgenl
Aug 6
Miner's fee is the fee incurred by the Ethernet "miners" when processing transactions on the blockchain (which can also be understood as the transaction fee in the blockchain network). The miner's fee is charged in ETH, the native token of Ether, and is generally calculated using Gwei, the most basic unit in the Ether code. The more transactions made through Ether, the higher the miner's fee, which may make smaller transactions less cost effective
Gas fees
MOgenl
Aug 6
Miner's fee is the fee incurred by the Ethernet "miners" when processing transactions on the blockchain (which can also be understood as the transaction fee in the blockchain network). The miner's fee is charged in ETH, the native token of Ether, and is generally calculated using Gwei, the most basic unit in the Ether code. The more transactions made through Ether, the higher the miner's fee, which may make smaller transactions less cost effective
DAO
MOgenl
Aug 6
DAOs are decentralized, autonomous individuals contributing to the community. In short, like a company without any HR managers or employees, everything that happens in the organization is fully automated based on "open source" code that anyone can see and use.
DAO
MOgenl
Aug 6
DAOs are decentralized, autonomous individuals contributing to the community. In short, like a company without any HR managers or employees, everything that happens in the organization is fully automated based on "open source" code that anyone can see and use.
Liquidity mining
MOgenl
Aug 6
Liquidity mining (also known as yield farming) is a key feature of DeFi that allows people to earn rewards by depositing (or "pledging") a cryptocurrency or token on a DEX or dApp. Some platforms reward users with another token, which can then be pledged to the same or another DEX or dApp without limit. Even more attractive is the fact that each cryptocurrency or token can earn a return (e.g. interest on savings) and can be pledged (that is, "mined") for a higher return. This is similar to de...
Liquidity mining
MOgenl
Aug 6
Liquidity mining (also known as yield farming) is a key feature of DeFi that allows people to earn rewards by depositing (or "pledging") a cryptocurrency or token on a DEX or dApp. Some platforms reward users with another token, which can then be pledged to the same or another DEX or dApp without limit. Even more attractive is the fact that each cryptocurrency or token can earn a return (e.g. interest on savings) and can be pledged (that is, "mined") for a higher return. This is similar to de...
MOgenl
MOgenl
DEX
MOgenl
Aug 6
DEX is a decentralized exchange and CEX is a centralized exchange, both of which can buy and sell cryptocurrencies and tokens. Just like the difference between DeFi (centralized finance) and CeFi (decentralized finance), DEX is automated and run by algorithms and smart contracts, while CEX is run by companies with human management. Well-known DEXs include Uniswap, Sushiswap, and Kyber, among others, and there are countless well-known CEXs, including Coinbase, Binance, and many others. Operati...
DEX
MOgenl
Aug 6
DEX is a decentralized exchange and CEX is a centralized exchange, both of which can buy and sell cryptocurrencies and tokens. Just like the difference between DeFi (centralized finance) and CeFi (decentralized finance), DEX is automated and run by algorithms and smart contracts, while CEX is run by companies with human management. Well-known DEXs include Uniswap, Sushiswap, and Kyber, among others, and there are countless well-known CEXs, including Coinbase, Binance, and many others. Operati...
Liquidity pools
MOgenl
Aug 6
The liquidity pool is a feature of DEX that enables investors to trade with each other without any intermediary. Smart contracts govern the work of liquidity pools, allowing them to maintain a balance between pairs/groups of different cryptocurrency and token transactions. Users can gain by placing tokens from DEX into these pools to provide liquidity and facilitate transactions.
Liquidity pools
MOgenl
Aug 6
The liquidity pool is a feature of DEX that enables investors to trade with each other without any intermediary. Smart contracts govern the work of liquidity pools, allowing them to maintain a balance between pairs/groups of different cryptocurrency and token transactions. Users can gain by placing tokens from DEX into these pools to provide liquidity and facilitate transactions.
NFT
MOgenl
Aug 6
NFT is a major innovation in the world of tokens. Unlike other tokens on Ether, NFTs are completely unique and are not interchangeable with other tokens. As a result, they are often used to buy and sell unique art and collectibles, and also have some interesting test cases in more complex financial products. There are two main NFT standards in use on the market today: the original and unique ERC 721 token, and a hybrid version based on the ERC 1155 protocol used in games.
NFT
MOgenl
Aug 6
NFT is a major innovation in the world of tokens. Unlike other tokens on Ether, NFTs are completely unique and are not interchangeable with other tokens. As a result, they are often used to buy and sell unique art and collectibles, and also have some interesting test cases in more complex financial products. There are two main NFT standards in use on the market today: the original and unique ERC 721 token, and a hybrid version based on the ERC 1155 protocol used in games.
Smart contract
MOgenl
Aug 6
We have mentioned smart contracts many times, because without them there would be no DeFi, and the importance cannot be overstated. The code in smart contracts can determine exactly how dApps and other blockchain protocols work. Unlike traditional contracts, once these contracts are written and published, they cannot be changed. Errors in smart contracts can make them vulnerable to hackers, which is why most legitimate projects are subject to rigorous vetting before they are launched.
Smart contract
MOgenl
Aug 6
We have mentioned smart contracts many times, because without them there would be no DeFi, and the importance cannot be overstated. The code in smart contracts can determine exactly how dApps and other blockchain protocols work. Unlike traditional contracts, once these contracts are written and published, they cannot be changed. Errors in smart contracts can make them vulnerable to hackers, which is why most legitimate projects are subject to rigorous vetting before they are launched.
Ethereum
MOgenl
Aug 6
Ether is perhaps the most important blockchain after Bitcoin at the moment, and the "birthplace" of DeFi. It serves as the project repository for most dApps in the DeFi world, structuring the underlying foundation that makes everything possible today. Ether is often confused with Ether (or ETH), which is the native token of Ether, but is different from the Ether blockchain itself.
Ethereum
MOgenl
Aug 6
Ether is perhaps the most important blockchain after Bitcoin at the moment, and the "birthplace" of DeFi. It serves as the project repository for most dApps in the DeFi world, structuring the underlying foundation that makes everything possible today. Ether is often confused with Ether (or ETH), which is the native token of Ether, but is different from the Ether blockchain itself.
dApp
MOgenl
Aug 6
A dApp refers to a decentralized application and is the foundation of all DeFi. Like a DAO, a dApp is essentially an application that also runs itself, without a manager or middleman, allowing users to transfer money between programs. The ethereum blockchain is like a dApp library in which most DeFi dApps exist, while other blockchains (such as Tron and EOS) also allow developers to code applications.
dApp
MOgenl
Aug 6
A dApp refers to a decentralized application and is the foundation of all DeFi. Like a DAO, a dApp is essentially an application that also runs itself, without a manager or middleman, allowing users to transfer money between programs. The ethereum blockchain is like a dApp library in which most DeFi dApps exist, while other blockchains (such as Tron and EOS) also allow developers to code applications.
Collateral
MOgenl
Aug 6
On many DeFi platforms, users can collateralize one cryptocurrency or token in order to borrow another cryptocurrency or token, such as borrowing DAI using Ether (ETH). this is somewhat similar to using your house as collateral for a loan from a bank. Typically, you must provide a larger percentage of your cryptocurrency or token as collateral for a DeFi loan, such as using $100 of ETH to borrow $70 of DAI (i.e. 140% LTV, or loan by value). This helps support the stability of the system.
Collateral
MOgenl
Aug 6
On many DeFi platforms, users can collateralize one cryptocurrency or token in order to borrow another cryptocurrency or token, such as borrowing DAI using Ether (ETH). this is somewhat similar to using your house as collateral for a loan from a bank. Typically, you must provide a larger percentage of your cryptocurrency or token as collateral for a DeFi loan, such as using $100 of ETH to borrow $70 of DAI (i.e. 140% LTV, or loan by value). This helps support the stability of the system.
Written by
MOgenl
Written by
MOgenl