This has been and will continue to be to follow the narratives.

What is the importance of following a narrative?

Let us firstly define a narrative as a trending idea. Something which will take precedence in the coming future. Narratives in the crypto space often subjectively correlate to “undervaluedness”.

As an investor, we strive to find undervalued projects. However in order to do so, it is often more difficult than perceived. This is due to vast amounts of funding occurring in Web3 that is only being accelerated as projects compete for market share.

Hopefully reader, we have reached a mutual agreement that narratives are indeed important.

So what are the narratives I propose as a “Crypto Native” for this upcoming year?

Institutions do not make decisions then back away from them. This proves too costly. To do this, they would need to have an aggregate reason that outweighs their initial investment cost (think SEC harshest rulings for instance).

In 2021, we saw the greater involvement of largely recognised firms such as Visa, Adidas, Nike and many more traditional finance firms in this space. We have also seen greater integration into marketing efforts from the likes of FTX and Crypto.com. Perhaps a defining event was Facebook changing their name to “Meta”.

The technology is there.

As a reader of my articles, you should and will be well aware of the best upcoming technology and how it will undermine the likes of Bitcoin and Ethereum. Thus, institutions simply have to find the project that suits them. Options. Vaults. Insurance. There are plenty of specific areas that would benefit with adoption.

Ultimately, the incentive to adopt “crypto” has been brought about arguably because of the fear of not wanting to miss out. Allowing their competitors in TradFi markets to better position themselves through the use of blockchain technology is an incentive I believe will further adoption.

2. Movement of developers from Web2 to Web3

3. As what can be termed an “influencer”, I first-hand am privy to the amount of developers leaving their jobs in Web2 for Web3.

4. Developers follow the money.

5. They also follow the law.

6. As the industry has become more legitimised we will see increased activity and development with Solidity, Rust and other lucrative languages to name but a few.

7. There will be a greater inflow of money from institutions that will again incentivise developers to move into the space.

8. As new technology develops, new problems emerge, which in turn require new solutions. The Metaverse for instance will be a hot point for developers to turn to as it gains traction.

9. Layer 1 Blockchain competition

10. As technology advances, those unable to keep up will be left behind (ADA, Tron amongst others…).

11. For example, zero knowledge cryptography which solves the issue of privacy will place pressure on chains like Ftm, Solana and Avax.

12. Without diving too much into the underlying technology in this article, we may find in 2022 the optimal amount of security, privacy and scalability in a Layer 1 such as Ethereum. The pressure will thus amount on growing Layer 1 chains who have been gnawing away at a market share.

13. The most innovative technology is here to stay. A rollup centric future is very possible. Data availability solutions are also needed. If you haven’t yet reader, make sure you are following me on Medium, as to not miss out on hidden gems.

14. Final Thoughts

15. Only time can tell what will survive. It is likely that in 4 years from now, the majority of projects in this space will have been outcompeted.

16. Yes my dear reader.

17. Their value may drop so drastically from being unable to adapt that it can severely impact a “long term investment”. An investment which you left and were planning to check back in 4 years time.

18. This is why narratives and trends are important. I will continually discuss this further in the upcoming months as to what will survive and provide data as to why.

19. This was it for my thoughts on the 2022 narratives and trends that will occur in the cryptocurrency space.

20. To my reader on Medium, I hope you enjoyed this article.

21. I hope I was able to provide a greater understanding of narratives to yourself.

22. If this was useful then please do me a favour!

23. I will be posting articles in the near future that won’t be posted on any other platform.

24. Exclusive reads weekly. Make sure you are following and have subscribed to receive my articles by email so you don’t ever miss anything important.

25. Wishing you a happy new year,

26. Crypto 8 FI

27. 
    

Trofi offers crypto swapping which can reduce the overhead cost and the time for traders and investors who want to exchange or “swap” one crypto token for another. However, while this sounds pretty simple, many fail to understand how important this function is. In this article, we will look at how token swaps work and the importance of this in the crypto industry.

There are two different definitions of a token swap within the world of crypto. The first definition revolves around the migration of a crypto project or platform from one blockchain network to another, this will usually also be accompanied by the coin swapping requirements. A crypto project will have decided to shift its operation base to a different blockchain network with unique token standards. This process is referred to as token migration or token swapping within the crypto space.

On the other hand, the more common definition of a crypto swap refers to the process of exchanging one crypto token to another instantaneously and without having to first perform a crypto-to-fiat exchange. Fiat here means government-issued currencies.

In this article, we will only be focusing on the second definition of what a token swap is. As mentioned above, this involves the use of direct crypto-to-crypto exchange services instead of converting a crypto token to fiat and then using the fiat currency to buy the crypto token you want, which is normally a very time-consuming and costly approach. Many investors and traders around the world also see the direct crypto-to-crypto exchange solution as an entry point to gain access to crypto tokens with low market capitalization.

Let us take a look at an example to develop a better understanding of how crypto swapping works. For instance, if you want to exchange your AVAX token to FTM, you will find that crypto exchange platforms that offer the AVAX/FTM trading pair are few or non-exist. You might have to first sell your AVAX token and get stablecoins in exchange or other well-known crypto tokens with a higher market capitalization such as BTC or ETH. Then you will have to exchange stablecoins or the established coins to FTM. With Trofi’s Smart Pricing Engine, users can swap one crypto to any other supported crypto directly without requiring the users to first convert their crypto tokens into stablecoins.

As you might agree, this process is long, time-consuming, and cost-ineffective. To go through this entire process, you will need to pay transaction costs more than just once. Also, it is worth noting that the volatile nature of the crypto tokens can affect the profitability of the trade. The crypto market is known for its volatile nature and the price value of crypto assets can experience heavy swings in very short periods of time. Therefore, this long and costly approach could also make it difficult for you to achieve your desired price entry.

Taking these problems into consideration, exchange platforms started offering crypto swap functionalities. With crypto swapping, users can directly exchange a crypto token for another. All the users are required to do is enter the amount they want to exchange and select the desired trading pair, the crypto swap service will then process the exchange almost instantaneously. With swapping, users will only have to pay the transaction fee once.

As a reliable crypto swapping platform, Trofi allows users to convert their crypto assets to another at competitive rates. With Trofi’s zero-fee crypto trading, the users will trade at the price they see without paying commission. Moreover, with Trofi’s in-house order routing system, users no longer have to look for the best exchange offer. Trofi connects to top exchanges to get the best price for the desired trading pair.

Trofi makes it safe and convenient for you to perform crypto-to-crypto swaps. You can do all the exchanging with just a few clicks. You will no longer need to keep track of different platforms for buying, storing and selling your crypto tokens. With Trofi, you will be able to manage your crypto investments and convert crypto assets safely in one place.

In simple words, crypto swapping services can bring speed, safety, simplicity, cost-effectiveness and convenience. With an easy-to-use platform, and without compromising on convenience and security, Trofi takes crypto swapping to the next level.

Today, there are countless options available for crypto swapping services. However, it is because of this very reason that it has become increasingly important to be careful when choosing one. Things that you should be taking into account include the security measures of the platform, the crypto pairs available, and the speed at which the crypto tokens will be swapped.

It is also worth noting that high speed reduces the chances of slippage. Slippage can occur when the price value of crypto X you receive in exchange for crypto Y steeply declines before the swap is completed. However, Trofi holds the price for a long-enough period of time so that the users can perform swaps at the price shown without any problems.

Once a swap is completed, Trofi users will automatically earn Flex Rate without any manual involvement.

While many new investors and traders see BTC as their go-to crypto asset, crypto swapping comes into play when they are eventually exposed to the altcoin market and the countless opportunities embedded in the crypto markets. To unlock these opportunities that many investors and traders only find out about once they have already invested in a popular cryptocurrency, they will want to perform crypto swaps.

It would be safe to say that we can expect token swap services to become more prominent in the coming years as the crypto industry continues to move towards mainstream adoption. While this can mean that the competition between the service providers will heighten, Trofi takes the responsibility of offering increased swap speed, high security, and more user-friendly features that will enable users to conveniently manage their crypto investments.

As the crypto industry looks to revolutionize the way we transact with each other, crypto token swap services are playing a crucial role. By eliminating the obstacles to unlocking the altcoin market, crypto swapping offers an easier gateway to crypto tokens with low market capitalization.

Taking into account how convenient, safe, fast, and less complicated it is to exchange your crypto assets with platforms like Trofi, it can be said with confidence that crypto swapping will continue to feature prominently in the crypto industry.

After the great success of the vote at Proposal #0 , and still ahead of everyone’s expectations, a new milestone has already been reached:

You can see it with your own eyes right here and by entering the official token contract address on BSC:

0x582c12b30f85162fa393e5dbe2573f9f601f9d91

The first time you enter a new contract, you have to confirm it by flagging “I understand”. We recommend to use only the one above for $XMT, any different token contract on BSC is a scam!

Our webapp is working only on Ethereum’s mainnet, meaning that our official governace platform plus normal and iron pools are not available directly on BSC… yet! ;)

Therefore, you can now move $XMT between the Ethereum and BSC chains, as you wish!

The old anyswap has recently been rebranded as MultiChain.org . If you pop over to that site, you’ll notice that https://app.multichain.org/#/router corresponds to this screen shot:

By clicking on the token name (by default we see USDC), you see the option to manually enter “XMT”.

After connecting the wallet and setting the amount, it becomes possible to exchange $XMT tokens on the same address, between the two different chains on which it now exists: Ethereum and Binance Smart Chain!

Crosschain Fee is 0.1 %Minimum Crosschain Fee is 136 $XMT, Maximum Crosschain Fee is 3,380 $XMT Minimum Crosschain Amount is 338 $XMTMaximum Crosschain Amount is 8,500,000 $XMTEstimated Time of Crosschain Arrival is 10–30 minCrosschain amount larger than 1,700,000 $XMT could take up to 12 hours

Wow, we couldn’t start the new year off any better! We can’t wait to bring you the next news, stay tuned because it’s happening soon!What a time to be in DeFi!

❗ METALSWAP ‘s admins or moderators will NEVER contact you directly on any social under any kind of circumstances.

❗ Everything concerning $XMT ‘s smart contracts and addresses is shared by our official channels (list below), do not trust any different info from any different source.

… and beyond!

MetalSwap is a decentralized platform that allows hedging swaps on financial markets with the aim of providing a coverage to those who work with commodities and an investment opportunity for those who contribute to increase the shared liquidity of the project. Allowing the protection for an increasing number of operators.

With MetalSwap we enable hedge swap transactions through the use of Smart Contracts, AMM style.

Offering you with the best

Automated Market Makers (AMM) are a commonly used strategy by Decentralised Exchanges (DEX’s) to trade on. Instead of market makers providing liquidity for trades to occur in the order book like regular exchanges, the AMM’s utilise liquidity provided from users to facilitate trades. A simple version of how AMM’s works are as follows:

Through multiple liquidity pools like the BTC/USD, DEX’s can offer trading for multiple cryptocurrencies. However, while I painted a rosy picture of AMM’s, in reality, multiple problems deter users from actively using them.

Users in DeFi are constantly holding stablecoins to earn yield at different protocols (cause 5% APY seems better than 0.02% the bank gives, correct?). There is a constant need to swap between different stablecoins to find the perfectly profitable yield for locked values — since the rates change for stablecoins keep changing. For example, the yield for USDC and USDT might be 4% and 5%, respectively, but the yield of USDT yield might reduce to 3% next week, requiring re-adjustment.

Curve Finance is a decentralised exchange (DEX) that focuses mainly on providing an exchange for swapping stablecoins such as USDC, DAI, USDT by users and protocols. In simple terms, it is a DEX that uses the AMM model like Uniswap but exclusively focuses on stablecoins swaps. The unique drawing factor for Curve compared to its competitor’s is its ability to do stablecoin swap with low fees and low slippage and, most importantly, to keep stablecoins pegged to the dollar.

Both low fees and slippage are an absolute necessity for DeFi when it comes to stablecoins. For example, Curve charges a fraction of the fees (0.04%) compared to other DEX’s and has low slippage (less than 6 basis points). Additionally, since Curve concentrates on stable assets, there is minimal slippage associated with swaps on the DEX — making the AMM problems largely obsolete.

Curve, as mentioned above, works as an Automated Market Maker allowing users to deposit stable assets to receive yield as trading fees are split evenly between liquidity providers. The yield can be in the native token, CRV. Additionally, pools are also supplied to lending protocols like Compound to generate more yield when locked, in addition to the trading fees incentives.

The yield provided in liquidity pools and expanding multiple EVM compatible chains has made Curve a behemoth of a protocol today. Total value locked exceeds $24 Billion, and it ranks 1st in terms of the value locked in all of DeFi. Just to give you a context of how big of a deal it is, the TVL of the entire DeFi sector is $240 Billion, and Curve has a 10.07% dominance on it.

The native token of Curve Finance, CRV, is released as an incentive to liquidity providers in liquidity pools. CRV token has 3 main utilities: voting, staking, and boosting. CRV holders can stake their tokens to receive 50% of the curve finance fees — but the most exciting part of the utility that concerns the curve wars is its voting power.

CRV holders may vote lock their CRV into the Curve DAO to get Voting Escrow CRV (veCRV). The longer the CRV is locked for, the more veCRV a user gets, as shown below. The minimum time to lock CRV is 2 weeks, while the maximum time is 4 years.

veCRV allows investors to vote in governance matters, the most important of which is the power to dictate which pools the CRV incentives is going to every 10 days.

Liquidity is like gold for most protocols in the DeFi space — extremely important and rare to come by. Protocols have 2 options to improve liquidity in the curve pools. Either to provide liquidity incentives via their own native tokens, or the more intelligent way is to win votes of veCRV holders to allow for CRV rewards. The drawback of a protocol incentivising its own liquidity pools is the inflation of its native tokens, which is not a great outlook for protocols.

In summary, having liquidity incentives being channelled through curve rewards has the following benefits for the protocols to win veCRV votes:

The curve incentives are in large part irresistible for protocols as they bring so much benefits to their projects. In order to win the voting rounds, protocols have tried their best to own as much CRV as possible. Additionally, protocols decided to bribe veCRV token holders to vote for their respective protocols, giving them rewards for native tokens in some cases.

Then came Convex Finance, a platform that aimed to take advantage of this situation by incentivising CRV holders to stake their CRV tokens to get more CRV rewards and Convex’s native token, CVX — indirectly obtaining more veCRV. This allowed Convex Finance to attain massive amounts of CRV tokens from its stakers, more than 50% of the circulating CRV token, making them powerful in terms of veCRV and governance rights.

Due to Convex’s power with 50% of the curve supply and governance, stablecoin and DeFi protocols have started to accumulate more CVX instead. Convex has since become the number 2 DeFi protocol in ranking and has obtained billion in TVL locked of $18 Billion.

The convex token, CVX has been up over 775% over the past 8 months and other Curve ecosystems projects have done equally well due to this narrative.

Purchase CVX, CRV and over 300 other cryptocurrencies on BitYard today! Click here for the detailed guide on how to purchase cryptocurrencies in BitYard.

Check out our other crypto analysis below:

If you enjoyed reading this article, make sure you follow us on our medium page to stay updated for more exciting content! As usual, none of this information is financial advice, and you should do your own research before investing in any of these projects mentioned in this article.

TomoChain is a public blockchain ecosystem with its innovative Proof-of-Staking Voting (PoSV) consensus. It’s a feature-rich blockchain to support speed, privacy, usability, and liquidity need all in one platform. It’s an ideal platform to build blockchain games, decentralized finance, and enterprise-oriented applications.

Some of the Top Features

Unmarshal will be indexing, structuring and categorizing the on-chain data from TomoChain data so it can be easily searched for and queried by users.

In a short period of time, a few of the basic infrastructure features will be released. Both teams at Unmarshal and TomoChain will work together to enable more features in the future.

“We are very excited to be shaking hands with UnMarshal to make blockchain technology easily accessible for developers. Given the complexity of blockchain technology, it takes a lot of time and energy to be able to catch up with such a new field. Thus, with UnMarshal’s multiple data avenues, application builders will be able to get access to a wider and more secure selection of data, pushing their development process faster.” — Long Vuong, CEO and Founder of TomoChain.

“ TomoChain with its unique PoSV consensus is one of the most secured and efficient blockchains. We’re happy to partner with them to enable access to Developers building applications on top of it.” — Manohar Kolagondanahalli, CEO and Founder of Unmarshal

TomoChain is a scalable blockchain-powered via Proof-of-Stake Voting consensus and used commercially by companies globally.

Our mission is to accelerate the onboarding of millions of usners by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits.

TomoChain’s technology and DeFi-focused flagship products include:

Website|Telegram|Twitter|Github

Unmarshal is a Multi-chain DeFi Data Network that facilitates seamless access to data on blockchains for any kind of decentralized applications.

To date, we have added support for Ethereum, Binance Smart Chain, PolkaDot, and Substrate-based projects such as StaFi and with Polygon we are now diving into the Layer-2 networks and empowering dApp developers to have easy access to on-chain data.

If you’re a developer building on Tomo Chain, you can connect with us.

For any queries, reach out to us at info@unmarshal.io

Website|Telegram Chat|Telegram Announcement|Twitter |Medium

A unique aspect of this blockchain project is that players can mint their own NFT anytime during a game session by simply spending a few minutes playing it. This means that those who play these games for longer periods of time will have more opportunities to win prizes.11Minutes are different from traditional games because they are not just about point systems, but also NFTs and their value within the game.

What Is the 11Minutes Platform and the World of the Play2Earn Games On It: a blog about the platform 11Minutes and what it is all about.

You can play new games with every session and win an incredible prize. These NFT based P2E games have changed the interface of the online gaming industry by offering an equal playing field to every player while giving them a source of income.

The player can use their own NFT or buy one from the market. All you need to be eligible for participation is to insert an NFT minted by 11Minutes in the game client. The game sessions are available 24/7 on the Ethereum Blockchain, meaning users will get access to them whenever they desire without having to worry about server downtimes. These game sessions generate a certain amount of rewards based on the high score a player has obtained in a certain time period. Every 11-minute game session generates rewards that a player can claim. The more rewards are generated, the higher their value is and the more expensive they become on sale.

11Minutes is the first play2earn game series on the Blockchain. You can play new games with every session and win a life changing prize. These NFT based P2E games have changed the interface of the online gaming industry by offering an equal playing field to every player while giving them a source of income. And they’ve gained a new dimension with affordable NFT minting that gave way to NFT-based in-game collectibles and NFT tickets. 11Minutes is not a single game, but a series of games in which the aim is to achieve the high score within 11 minutes. But let’s start from the beginning. First of all, the player must have mint a NFT to participate in a game session. Then, at each session, you can redeem your earned NFT tokens as rewards (the more tokens you have, the higher your chance of winning). Finally, each session gives you access to exclusive areas within the games and different type of items that will be available for purchase with your (minted) tokens

Now let’s talk about 11minutes, the first P2E game series on the Blockchain. The thing is that the gaming industry is huge, and it is constantly expanding. It is not surprising that so many are trying to join this industry, and in order to do so, a new model of games is required that eliminates all barriers for new players and give private access to everyone. The play2earn concept gives ordinary citizens a real chance to become gamers and win fantastic prizes. It’s something you should definitely try!

The NFTs minted in the first games 11Minutes were of common types, such as ‘the pixel coin’ and ‘the pixel heart’. Later on, when lots of people registered for the game, new NFTs such as ‘the pixel leopard’ have been introduced. NFT minting has also become much more affordable after the launch of affordable NFT-based minting services on the Ethereum network.

For More Information Visit:

Website: https://elevenminutes.io/

Telegram: https://t.me/minutes11

Discord: https://discord.gg/invite/cxMzwcVxR6

Twitter: https://twitter.com/11minutesnft

Youtube: https://www.youtube.com/channel/UCBrJpu1t78UTYCDePokeSrw

Medium: https://medium.com/@11Minutes

White Paper: https://elevenminutes.io/11Minutes_Pitch_Deck.pdf

Writer:

Bitcointalk Username : apabaka

BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3373901

BSC Address : 0x2c1A49CC125892368319C153eBA052Ab3451c253