Liquidity provision and yield farming in decentralized finance (DeFi) are critical to understand. Liquidity provision is the backbone of DeFi, allowing for token swaps, loans, and composability of complex DeFi instruments. Yield farming allows users to earn the higher yields and rewards for which DeFi is known. But both concepts come with risks that are important to know before participating. Let’s look at liquidity provision and yield farming in detail, how they work, their risks, and how yo...

Welcome to our partner spotlight for today, where we look at zkUSD, a dynamic player transforming the landscape of Decentralized Finance (DeFi) on Layer 2s. This breakthrough stablecoin is not your run-of-the-mill protocol; it advances to a new paradigm, establishing a unique Layer 3 that brings compliant and privacy-focused transaction settlements. Situating itself prominently within DeFi's L2 dynamics, zkUSD pushes the boundaries of what's achievable in the blockchain world, marry...

Gm Linea Fam, We hope you have been having fun on this journey to learn about decentralized finance (DeFi) with us through the Linea DeFi Voyage. As part of Wave 4, focused on lending and borrowing, today we spotlight Mendi Finance, a native lending protocol on Linea. Mendi is a real-yield protocol where all the protocol revenue is distributed to the stakers. What sets Mendi apart is its unique flywheel mechanism, built with its partner ve33 DEX, Velocore.Understanding Mendi’s ModelMendi cate...

Lending and borrowing are the core of decentralized finance (DeFi). For the ecosystem, they provide liquidity to the market, ensure that capital is being used efficiently, and are the springboard for innovative products such as flash loans. For users, lending and borrowing provide them with traditional finance tools such as interest and liquidity, with all the added benefits of decentralization. Let’s look at the details of how lending and borrowing work in DeFi, the key terms you need to kno...

HorizonDEX is a decentralized exchange (DEX) that operates on Linea. It stands at the forefront of innovation by being one of the first to deploy smart contracts on Linea Mainnet. HorizonDEX chose Linea for strategic reasons and leverages Linea's zkRollup technology, which is supported by Consensys' zkEVM. This allows HorizonDEX to establish itself as the primary liquidity hub for Linea. Since embarking on this journey with Linea, HorizonDEX has secured a distinctive position within...

Devconnect 2023, the much-anticipated annual rendezvous for Ethereum developers and enthusiasts, was a grand spectacle set against the vibrant backdrop of Istanbul. From November 13 to 19, the historic city, known for its rich culture and stunning architecture, buzzed with the energy of this decentralized gathering. The event unfolded in thoughtfully curated sessions, hands-on workshops, and engaging social events. The discussions spanned a wide range of topics, from the intricacies of decent...

The ability to swap tokens is critical to web3 and decentralized finance (DeFi). Swapping allows you to exchange one token for another, allowing you to leverage the diverse opportunities that many DeFi protocols offer. In this article, we will look at how to swap tokens, how smart contracts work behind the scenes, what the critical terms around swapping mean (such as liquidity and liquidity pools), and how to protect yourself against the risks of token swapping. By the end, you’ll be ready to...

In an era of an increasing number of projects being deployed on Layer 2 (L2) networks, user demand for liquidity and asset transfer on these chains has increased. Owlto Finance’s secure and fast bridge service aims to provide users with a way to bridge assets to L2 solutions and take advantage of the efficiencies of L2s. Let’s explore some of Owlto’s features that make it a reliable partner for Linea.Features of OwltoOwlto is one of the fastest-growing bridges in 2023. It launched its mainnet...

In the dynamic world of decentralized finance (DeFi), WeFi Protocol offers a comprehensive suite of functionalities encompassing bridging, swapping, lending, leverage trading, and token staking. One of its major products is the WeFi bridge, a meta bridge designed to find the optimal route for providing bridging at the lowest cost and in the shortest timeframe.The WeFi BridgeOperated on layerzero architecture, the first version of the bridge facilitates the transfer of assets, such as ETH, bet...

As the spotlight turns to Chainge Finance during the Linea DeFi Voyage’s Bridge Week, we look at the unique features and technological innovations that differentiate the decentralized finance (DeFi) protocol. Here's an exclusive look into Chainge Finance’s standout solutions, cutting-edge technology, and their presence on Linea so far.Revolutionizing Cross-Chain LiquidityChainge Finance stands at the forefront of DeFi innovation as the most liquid cross-chain aggregated decentralized exc...

Meson is a leading unified stablecoin bridging protocol that provides a seamless cross-chain experience for ETH and stablecoins such as USDC, USDT, and BUSD across over 30 high-performance public chains and Layer 2 and Layer 3 solutions. Going beyond the conventional cross-chain swap platform, Meson emerges as a dynamic force in the world of blockchain interoperability and asset management. Meson ensures quick execution of swaps by out-of-order processing of the swap from the origin to destin...

Decentralized Finance (DeFi) on Ethereum can be powerful—but it can also be slow, expensive, and frustrating. As the popularity of Ethereum has risen, the network has struggled to keep up. Users new to DeFi are often surprised to find themselves paying $10 in gas fees—and waiting 30 minutes— when simply moving $5 in tokens. That is why layer 2s (L2s) were created. L2s are a layer on top of Ethereum; they are fast and cheap, but still leverage the decentralization and security of the Ethereum ...