Flend Research GroupMintable Tokens of DeFi: A Degen's Guide
If you've ever glanced at decentralized finance (DeFi) on platforms like Dexscreener, you might have noticed tokens flagged with the intriguing label "This token is mintable." But what does it mean to be "mintable," and how does this feature play into the high-stakes game of DeFi and degen trading? Let's look into this fascinating aspect of crypto trading. What Does "Mintable" Mean? In the simplest terms, a "mintable" token can be created or "minted" beyond its initial supply. This ...
Flend Research GroupPermissioned and Permissionless Blockchain
Permissionless blockchains, like Ethereum, Bitcoin, and Solana, are fascinating public networks that anyone can join, use, or validate without needing approval. These decentralized systems operate without a central authority, meaning no one has to fill out paperwork or prove their identity to participate. Let's look at it as a global ledger that is open to all, here every transaction can be traced and verified by anyone curious enough to dig into it. The beauty of this setup lies in its ...
Flend Research GroupUSDT,USDC and BUSD: SIMILARITIES AND DIFFERENCES
In one of our previous article we talked about stablecoins and how they have emerged as a bridge between the traditional financial world and the realm of digital assets. These stablecoins offer the stability of traditional fiat currencies while leveraging the speed and efficiency of blockchain technology. Three prominent stablecoins in this space are Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). While they all share the common goal of being pegged 1:1 to their respective fiat curren...
Flend Research Group is a dedicated sub-department of Flend focused on providing comprehensive coverage of the financial market space.
Flend Research GroupMintable Tokens of DeFi: A Degen's Guide
If you've ever glanced at decentralized finance (DeFi) on platforms like Dexscreener, you might have noticed tokens flagged with the intriguing label "This token is mintable." But what does it mean to be "mintable," and how does this feature play into the high-stakes game of DeFi and degen trading? Let's look into this fascinating aspect of crypto trading. What Does "Mintable" Mean? In the simplest terms, a "mintable" token can be created or "minted" beyond its initial supply. This ...
Flend Research GroupPermissioned and Permissionless Blockchain
Permissionless blockchains, like Ethereum, Bitcoin, and Solana, are fascinating public networks that anyone can join, use, or validate without needing approval. These decentralized systems operate without a central authority, meaning no one has to fill out paperwork or prove their identity to participate. Let's look at it as a global ledger that is open to all, here every transaction can be traced and verified by anyone curious enough to dig into it. The beauty of this setup lies in its ...
Flend Research GroupUSDT,USDC and BUSD: SIMILARITIES AND DIFFERENCES
In one of our previous article we talked about stablecoins and how they have emerged as a bridge between the traditional financial world and the realm of digital assets. These stablecoins offer the stability of traditional fiat currencies while leveraging the speed and efficiency of blockchain technology. Three prominent stablecoins in this space are Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). While they all share the common goal of being pegged 1:1 to their respective fiat curren...
Flend Research Group is a dedicated sub-department of Flend focused on providing comprehensive coverage of the financial market space.
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Familiarize yourself with @taikoxyz's previous incentivized testnet and understand what Taiko is.
https://twitter.com/FlendCryptoClub/status/1675797530129342465?t=gwvi173YJmQ5-q29eg5CAA&s=19
》 Add the networks by visiting this link: https://t.co/GW4dGCKPoA
》Connect your @MetaMask wallet by visiting the website bridge.l3test.taiko.xyz.
》 If you participated in the Alpha-3 testnet, you should have funds in your "Grimsvotn L2" network. If not, review the thread for further instructions.
https://twitter.com/FlendCryptoClub/status/1675797569581006848?t=k3jydcTCwUcX_mbfHopVcQ&s=19
》 Bridge your funds to "Eldfell L3" using the provided options.
》 While your transaction is pending, claim galxe points by visiting galxe.com/taiko.
》 Once the bridging is successful, visit
swap.l3test.taiko.xyz/#/swap to swap some tokens on the Eldfell L3 network.
Good luck with the Alpha-4 Testnet and potential airdrop! 🚀🧵
Familiarize yourself with @taikoxyz's previous incentivized testnet and understand what Taiko is.
https://twitter.com/FlendCryptoClub/status/1675797530129342465?t=gwvi173YJmQ5-q29eg5CAA&s=19
》 Add the networks by visiting this link: https://t.co/GW4dGCKPoA
》Connect your @MetaMask wallet by visiting the website bridge.l3test.taiko.xyz.
》 If you participated in the Alpha-3 testnet, you should have funds in your "Grimsvotn L2" network. If not, review the thread for further instructions.
https://twitter.com/FlendCryptoClub/status/1675797569581006848?t=k3jydcTCwUcX_mbfHopVcQ&s=19
》 Bridge your funds to "Eldfell L3" using the provided options.
》 While your transaction is pending, claim galxe points by visiting galxe.com/taiko.
》 Once the bridging is successful, visit
swap.l3test.taiko.xyz/#/swap to swap some tokens on the Eldfell L3 network.
Good luck with the Alpha-4 Testnet and potential airdrop! 🚀🧵
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