A new Yield Farm Aggregator has entered the Chat π - Hallo sahabat
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A new Yield Farm Aggregator has entered the Chat π
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A new Yield Farm Aggregator has entered the Chat π
Hey There, Gecko! In the midst of the whole DeFi yield farming craze, the rising DOT ecosystem, and exciting programs offered by popular cryptoexchanges, it may be easy to miss out on some of the sleeping giants that evades public interest (through no fault of their own).
One such project in the works since 2014 (Editor: and still no working product.. yet) is Filecoin (FIL), and the main thing that stuck out to everyone is that it. is. complex! This piece by CoinDesk helps to shed a light on what they try to do and how they achieve it in a very ELI5 manner, though it helps to understand that a decentralized protocol meant to "unseat AWS" must come with some degree of complexity. (Editor: If it's not hard, everyone would do it. right?) Today we talk about Yam, India, and a new blockchain explorer. Owh, and make sure you take a look at the CoinGecko Website again (hint: π§πΎ), we've got something for the "Chad Degens Farmers", or whatever name they call themselves. May you find today's newsletter useful to you. | | |
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| 24h Hot searches worldwide π | | |
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| It'd be nice to practice trading crypto before jumping into the real thing. Oh, wait — that's exactly what you can do on eToro! Creating an account will give you immediate access to a $100k virtual portfolio. Analyze the market and follow top traders in our vast social community of crypto knowledge — all before spending a single dollar. Discover the crypto trading platform trusted by millions. Download the app today. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. | | | Yield. Farm. What?! Did CoinGecko just made it easier for you to find the best fields to farm your yield? Yes. We did. Now you can scroll over 100 (and counting) yield farming pairs for your farming needs. Still don't understand how APY and Impermanent Loss works? Don't worry, we have just the tools you need, plug in the numbers and we'll do the math for you!
(Editor: The pros and the financially irresponsible will switch to "Degen Mode" instead. Of course, be cautious when yield farming and make sure you know what you're doing.) Check it out now. | | Yam Finance Preps for v3 Launch Yam Finance v3 is slated to be released on September 18. Liquidity incentives will go live for the YAM/yUSD pairing on September 19, with the first rebase set to occur two days later. The DeFi protocol has been audited by Peckshield, a blockchain security firm. Previously, Yam Finance came to a premature end due to a smart contract bug, the developers then created an interim Yam Finance v2 (YAMV2) as the final and fixed v3 code goes through auditing. CoinTelegraph | | MyEtherWallet launches open-source Ethereum block explorerMyEtherWallet (MEW) has launched an open-source blockchain explorer to go alongside its popular wallet service. Dubbed EthVM, MEW aims to make it more transparent and conducive to collaboration compared with other explorers. "We believe this will help us discover use cases and solutions that have not been addressed by blockchain explorers before," the company said in a press release. TheBlockCrypto | | India plans to bring law to ban crypto trading: ReportThe Indian government is reportedly planning to introduce a new law to ban trading in cryptocurrencies, according to Bloomberg citing "people familiar with the development". However, a member of the Indian Parliament's upper house, Subramanian Swamy told The Block that he has not heard of the crypto ban bill being introduced. "It will be madness if they do," said Swamy. TheBlockCrypto | |
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| Block ConfirmationWhen a new block of information has been verified for addition onto the blockchain, it has one confirmation. Each additional blocks added onto the blockchain gives the referenced block another additional confirmation. The further back a block is on the blockchain, the more costly it becomes to reverse it (through malicious means). Block confirmation is typically used by crypto exchanges to consider a cryptocurrency transaction final to protect themselves against bad actors who aim to reverse transactions after depositing (known as double spending). Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here | | | |
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