What is TrueUSD (TUSD)?
TrueUSD is a cryptocurrency pegged to the United States dollar at a 1:1 ratio which promotes the increased liquidity volume to its participants via its nature of being a stablecoin. The platform was first launched to a small number of investors in January 2018, but shortly after, the platform grew to amass $400 million in […]
What is OKB (OKB)?
The OKB platform is a cryptocurrency exchange service that gives holders of its dedicated cryptocurrency access to special features such as reduced transactional fees, as well as governance and voting power on the network. OKB was originally released by the OK Blockchain Foundation and the Maltese cryptocurrency exchange OKEx. Globally, the exchange currently ranks fourth […]
What is Shiba Inu (SHIB)?
Shiba Inu is a decentralized cryptocurrency community that allows its participants to hold trillions of its tokens. The Shiba Inu cryptocurrency is relatively new and is currently controlling a significant part of the Dogecoin market. Nicknamed the “Doge killer”, the Shiba Inu platform allows for the development of community building experiments within its ecosystem. The […]
What is Synthetix (SNX)?
The Synthetix system is a decentralized financial platform that allows users to gain direct access to a wide variety of digital assets such as gold, stock, and cryptocurrencies without having any holdings in the underlying resource. The protocols being used by the system are based on the Ethereum blockchain and offer participants on the network […]
What is TerraUSD (UST)?
TerraUSD is the decentralized and algorithm-based stablecoin of the Terra blockchain. The yield-bearing potential of the platform is pegged to the US dollars, thus making it a digital asset of value. The creation of the TerraUSD platform was designed to make the existing Terra network more valuable. The platform delivers this value by providing a […]
What is Yearn.Finance (YFI)?
Yearn.Finance is a collection of protocols that are being run via the Ethereum blockchain which allows participants on the platform to optimize their crypto-asset earning power through trading and lending services. Out of a constantly increasing number of decentralized financial platforms, Yearn.Finance allows the enjoyment of its services by its users by making use of […]
What is Zcash (ZEC)?
Zcash is a DeFi cryptocurrency platform that is focused on the delivery of anonymity and privacy for transactions. This is made possible on the platform through a zk-SNARK zero-knowledge proof mechanism which grants access to nodes on the platform to verify transactions without revealing any of the sensitive data required for the transaction. In a […]
What is Tezos (XTZ)?
Tezos is a Blockchain-based network that supports the creation of smart contracts. In many ways, the Tezos network is similar to the Ethereum network. However, the Tezos network has some distinctive factors, one of which is its interface. Apart from its user interface, the Tezos platform also offers its users a more advanced infrastructure. The […]
What is Axie Infinity (AXS)?
Axie Infinity is a trading and video game platform that is blockchain-based and partly owned and controlled by the participants of the platform. The concept of the platform is based on inspirations from classic games like Tamagotchi and Pokemon. The gaming part of the platform features a flexible open-ended sequence that allows the participants to […]
What is Cosmos (ATOM)?
There are over 10,000 dApps, tokens, and coins listed on popular exchange platforms with each uniqueness. Starting from the pioneer cryptocurrency coin, Bitcoin, used as a form of exchange and legal tender. Ethereum is used as a general smart contract and also as a form of legal tender. These developments were plagued with different setbacks […]
What is Neo (NEO)?
Neo is a platform created to support the development of blockchain-based digital assets as well as smart contracts. According to the company, it advertises itself as a “rapidly developing” platform with the grand goal of laying the foundation for the next generation of the internet. A community where economic products and payments for those products […]
What is UNUS SED LEO (LEO)?
UNUS SED LEO (LEO) is the native utility token used for executing transactions on the iFinex ecosystem. The token is relatively new and has a design structure that allows for the extension of user capabilities across the iFinex platform as a whole. The index is a subset of Bitfinex company, a platform for executing a […]
What is The graph (GRT)?
The graph is a decentralized protocol that allows developers, users, and merchants to organize, query, and index blockchain data. It can successfully read extremely complex data directly from the blockchain, with more recent successfully read projects like Uniswap and NFTs like Bored Ape Yacht Club. The graph network or ecosystem consists of 3 major parties […]
What is Maker (MKR)?
The Maker platform allows its users to take out loans through its smart contract lending platform by locking-in in the place of DAi. MKR is the token used for governance on the Maker DAO, and maker protocol at large. Both of which are Ethereum based decentralized blockchain platforms in which the users are allowed the […]
What is Waves (WAVES)?
The Waves platform is a decentralized blockchain that allows participants on the platform to design and launch customized cryptocurrency tokens. Unlike most of the other regular cryptocurrency-based platforms that require extensive programming before smart contracts are created, Waves allows this with ease. The tokens on the network are created and managed by the participants on […]
What is Dash (DASH)?
Dash is an open-source cryptocurrency platform that offers its participants cheap and fast decentralized blockchain payment solutions on a global scale. According to its whitepaper objectives, the project is aimed at improving upon the services of Bitcoin by providing scalability, faster transactions, and strengthened privacy. The Dash platform, which had its name coined from digital […]
What is Bitcoin BEP2 (BTCB)?
Bitcoin BEP2 is a cryptocurrency pegged to the Bitcoin network that was issued on the Binance crypto exchange platform. In the world of cryptocurrencies, pegged coins have an advantage over other relatively new cryptocurrencies in that they have total backing. The Bitcoin BEP2 platform has complete backing of its reserve on the Bitcoin network. Due […]
What is PancakeSwap (CAKE)?
Launched on September 2020 by a group of anonymous developers, PancakeSwap is the leading Automated market maker on Finance Smart Chain. It is a decentralized exchange platform and one of the leading pools that allow for the seamless exchange of cryptocurrencies between users on the ecosystem. As its name suggests, Pancake Swap is another food-themed […]
What is EOS (EOS)?
EOS is a decentralized blockchain platform that allows for the development, running, and hosting of decentralized business applications. The basis of EOS’s core functionality is relatively simple by allowing businesses and individuals to embrace blockchain technology and harness its power in cresting blockchain-based applications in a similar way to web applications. EOS provides a series […]
What is FXT (FTT)?
FTT is the derivative cryptocurrency of the popular exchange platform, FXT with the main function of standing as collateral against a futures position. The FXT team is a collection of some of the largest cryptocurrency traders with long years of experience in the crypto trading field. The creation of their token is the result of […]
