Ethena has dramatically increased the usage of DeFi in general by billions of dollars, akin to the impact stETH had on ETH DeFi. So, is Ethena doomed to destroy DeFi as we know it, or is it bringing DeFi into a new renaissance? Let's dive into it.
12/27/2024, 2:47:50 AM
Direct exchange between cryptocurrencies, known as crypto-to-crypto swaps, is a process where one cryptocurrency is exchanged directly for another at market rates. Swaps play a vital role in enhancing the liquidity and efficiency of cryptocurrencies, allowing users to easily exchange between different cryptocurrencies without the need to deposit fiat currency, thereby enabling asset diversification and investment opportunities.
5/5/2024, 2:32:54 PM
Aave V4’s preview outlines its upcoming updates, including unifying the liquidity layer to reduce liquidity dispersion, introducing a fully automatic interest rate adjustment mechanism, a liquidity premium mechanism to dynamically adjust borrowing rates, and launching smart account and treasury functions to improve user experience. , dynamic risk parameter configuration, excess debt protection mechanism, native integration with GHO stablecoin, and the planning of Aave Network. These updates aim to improve capital efficiency, risk management and user experience. At the same time, the proposal of Aave Network seems to have some stubbornness of old DeFi projects, and questions remain about its necessity and specific implementation plans.
5/22/2024, 8:35:54 AM
This article provides a detailed introduction to the NFT fractionalization protocol called Flooring Protocol.
1/25/2024, 7:09:08 AM
TUSD is a coin backed by and pegged to the value of the US dollar. It is considered a dependable alternative to other major stablecoins like USDC and USDT.
3/7/2023, 2:50:49 PM
USDe is a fully collateralized semi-centralized stablecoin whose collateral value changes with variations in spot prices and futures position values. Ethena provides two methods: delivery contracts and perpetual contracts. The yields of the two methods are different, but both can obtain low-risk returns.
4/16/2024, 5:40:35 PM
This article introduces the working mechanism of Express Relay and how it reduces MEV through off-chain order flow auctions, enhancing transaction efficiency and cost-effectiveness. It also discusses the rationale and potential success of Pyth Network expanding from its oracle services to MEV solutions.
7/30/2024, 10:42:59 AM
Reya Network is a decentralized liquidity and derivatives platform designed for high-speed, secure, and efficient DeFi trading.
1/22/2025, 12:33:06 AM
The article introduces how to quickly understand token economics to determine which projects have the potential for survival and development. Before investing, it's important to understand the reasons for token issuance and analyze how the token ecosystem operates. Investors should look for tokens that provide value to holders, focusing on the token's use cases, demand and supply mechanisms, functionality, distribution, and liquidity.
4/15/2024, 5:22:32 AM
MicroStrategy’s Bitcoin strategy is a groundbreaking development in financial history. This article provides an in-depth look at how the company uses idle funds, issued convertible bonds, and launched stock offerings to buy Bitcoin. It also examines the risks and rewards of this strategy, detailing MicroStrategy's “intelligent leverage" approach, the market's focus on Bitcoin holdings per MSTR share, and the rising momentum of Bitcoin, including the possibility of national strategic reserves.
1/8/2025, 6:59:34 AM
The f(x) project contributes a structured product similar to financial tranches to Ethereum's DeFi ecosystem through the application of several simple mathematical equations.
1/11/2024, 6:41:11 AM
Explore Kine Protocol, a decentralized exchange built on Ethereum, enabling peer-to-pool derivatives trading with high leverage and no slippage, powered by its native KINE token.
5/27/2024, 10:36:31 AM
Maximum Extractable Value (MEV) refers to the maximum value that can be extracted by including, excluding, and changing the order of transactions in a block, with the purpose of earning more than standard block rewards and transaction fees.
11/21/2022, 8:51:50 AM
Margin trading is a way of trading that magnifies the profit and loss of spot trading. The user needs to provide a margin, and can trade with several times the assets of the margin. Still, the user must bear the risk of liquidation to obtain high returns simultaneously.
12/22/2022, 6:31:24 AM
GCR is a famous figure in the field of cryptocurrency trading, known for his accurate market forecasts and outstanding trading capabilities. He is adept at contrarian thinking and reflexivity theory, successfully predicting the cryptocurrency bull market in 2021 and 2022. However, his sudden disappearance in early 2023 sparked curiosity about his identity and next steps. GCR's trading philosophy and market insights continue to provide valuable experience and insights for the public.
4/23/2024, 3:25:26 PM