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ALL THERE IS TO KNOW ABOUT BURGERSWAP: A COMPREHENSIVE GUIDE

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  BurgerSwap is decentralized finance (DeFi) protocol that operates based on the Binance Smart Chain (BSC). It comes with an ecosystem that promotes swapping tokens generated via farming and other transactions. Liquidity Providers (LPs) on this platform can earn rewards by adding liquidity to the BurgerSwap pool. However, the protocol does not provide the traditional LP token, compared to the likes of SushiSwap and UniSwap. In contrast, LPs who offer liquidity to matching pairs earn BURGER tokens as their share in the liquidity pool. It is worth noting that the decentralized exchange (DEX) implements the automated market-making (AMM) model. This DeFi project is similar to the likes of BakerySwap, MoonSwap, and UniSwap by providing users in the ecosystem with liquidity, which enables them to earn tokens. Background of BurgerSwap Project BurgerSwap exists based on the DEMAX DeFi platform, which runs on the BSC. As a result, holders can swap their tokens easily, thanks to the democr

Cardano Breaks New Grounds, Moving Up On Crypto Top 10 Rankings

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CARDANO Steps Up To Take The Reins of Smart Contract Possibilities   There are many existing platforms for Smart contracts development like Ethereum, Hyperledger, Stellar, Waves, EOS, NEO, TRON, Tezos and many others. All these platforms have unique qualities depending on their operation language and product features. These unique properties determine whether or not a user will select them for use in carrying out smart contracts.   Recently, a new smart contract development platform was put forward – Cardano. Cardano is an ambitious, up-and-coming platform built on a proof-of-stake blockchain to provide high scalability and to balance the need to regulating the decentralization and isolation of blockchain technology. The Cardano’s platform is not fully developed; it is still advancing at a slow pace.   The masterminders of Cardano conceived it as a platform that would be developed based on research findings. Cardano’s network is operated based on systems and principles put

Aavegotchi: What Are The potentials For This DeFi Cryptocurrency?

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    While the Blockchain’s capacity to host videogames and collectibles is often touted, it is rarely ever brought to fruition in any way resembling huge success. While there’s yet to be a killer app in the gaming area for blockchain, a couple collectible apps have made their mark in the blockchain world, particularly cryptokitties back in 2017. The logic behind Aavegotchi is, basically the same behind cryptokitties: Aavegotchies are Ethereum-based Non-Fungible-Tokens that work both as collectibles and units of value. Their creation, as happened with cryptokitties, is random – making all creatures unique, but certain ones decidedly rarer than the others.   Wait, I don’t get it. What IS this?   It’s hard to get the logic behind Aavegotchi (and cryptokitties) at first, yes. These types of NFTs come from humanity’s tendency towards collecting, and our desire to own shiny things (see: Gold for most of mankind’s history, or diamonds during the last century.) These types of NF

With JPM Stablecoin And Blockchain Launch, Here Are the Talking Points

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  Jamie Dimon, the CEO of J.P. Morgan, at some point, regarded Bitcoin as a scam and was bearish about the fortunes of digital currencies. However, Dimon recently announced J.P. Morgan’s entry into the crypto space with the JPM Stablecoin prototype and Onyx – a commercialized blockchain and crypto research division. The global head of wholesale payments at J.P. Morgan, Takis Georgakopoulos, confirmed that the JPM coin was first commercially utilized for global payments by a large institutional client in the final days of October 2020.   So, what changed for JPMorgan? Why is the US bank now in the crypto space? Let’s examine some of the talking points surrounding this move by JPMorgan. What’s the JPM Coin? The JPM Stablecoin is a digital currency designed for B2B instantaneous payments via the blockchain network. At the moment, it’s still at the testing phase and will only be available to JPMorgan’s institutional clients. However, It is believed that the move by J.P. Morgan’s

Ethereum 2.0 Staking, Real Opportunities And Investment Potential

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  The long-awaited Ethereum 2.0 upgrade, also known as serenity, is almost upon us, and it’s perceived in the cryptospace to be a momentous shift in comparison with those from the past half-decade. The upgrade will take effect in three phases and span a couple of years. Although full-blown scalability only becomes evident with the implementation of the last phase, the foremost phase is also as important. The first phase will mark the unveiling of Ethereum’s Proof-of-Stake (POS) Beacon Chain, laying the path for the next phase introduction of scalability via sharding, and the eventual merging of the ETH and ETH 2.0 network. The Ethereum 2.0 upgrade is set to combat the network’s long-standing scalability issues by transitioning from a Proof-of-work to a Proof-of-Stake (POS). As you may already know, Proof-of-Stake in itself simply means staking a certain value of cryptos to become a node validator and earn a stake. The question now is, “how will staking play out in ETH 2.0?” Let’s

5 Uniswap Facts You Must Know Right Now

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    The problem with crypto trading, and how many steps and fees it can incur, is one many people have tried to tackle. Until recently, the Binance blockchain was the most successful solution on the market, since its use of pegged tokens allowed people to easily trade between select cryptocurrencies over and over without incurring huge blockchain fees. For Ethereum and its plethora of tokens, however, there’s a new best service: Uniswap. 1.       What is it? Uniswap is a new, Ether-based, distributed currency exchange. Unlike centralized exchanges, that take customers’ buy and sell orders and offer prices based on them, Uniswap works without an order book, instead acting as a liquidity provider. 2.       How does it work? Uniswap’s liquidity provider system works by allowing people who have tokens to “lend” them to the system to give it liquidity. Each time a customer buys a token from uniswap, they pay a small fee that is then distributed among all liquidity providers for

How To Win Trades In A Cryptocurrency Bull Run

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  A bull run is a market condition characterized by a continuous surge on prices that is above an observed average in the particular sector under consideration. For cryptocurrencies, we have seen bitcoin post the best quarter of its existence in 2020 Q3 by holding above the 10 thousand USD mark. Vital Signs Many people are at a loss if it is possible to make money trading crypto. While the naysayers have their say, the investors who choose to be bullish have their way. First step here is to read the market and get an idea on the direction of your tokens and coins of preference. An outlook that points to bull market conditions or an impending market rush should be ascertained. For example,2020 has been plagued by low productivity due to the lockdowns across the globe, and this was sure to tank financial markets. In search of havens, investors have gravitated towards crypto and exited financial markets considerably, This indicator is one that shows that crypto patronage will not flatten