Decentralized Storage Nodes
Decentralized storage nodes are components of a distributed network that store data across multiple points, rather than relying on a single centralized location. These nodes work collectively to ensure data is securely stored, accessible, and resistant to censorship or control by any single entity. Understanding Decentralized Storage Nodes In the realm of blockchain and decentralized...
DeFi Coins
Decentralized Finance (DeFi) coins are digital cryptocurrencies associated with the DeFi movement, which aims to use blockchain technology to remove intermediaries in financial transactions. These coins play a pivotal role in various DeFi applications and protocols, impacting the larger cryptocurrency market. Considered a significant trend in the cryptocurrency market, DeFi coins have exploded in popularity...
DeFi (Decentralized Finance)
A movement within the blockchain and cryptocurrency space that seeks to create an open and permissionless financial ecosystem using decentralized technologies. DeFi applications aim to provide financial services, such as lending, borrowing, trading, and yield farming, without traditional intermediaries like banks.
DeFi Explorer
Decentralized Finance, widely abbreviated as DeFi, is a disruptive technology that's transforming the conventional finance sector. Consequently, many tools have been developed to exploit this burgeoning technology, one of such being the DeFi Explorer. The DeFi Explorer functions as a map through which users can navigate the intricate network of DeFi applications. Recently, the volume...
DeFi Lending
Decentralized Finance, or DeFi, Lending refers to the practice of lending or borrowing assets directly between users via blockchain technology without the need for an intermediary, such as a bank or financial institution. It's a revolutionary concept underpinning much of the burgeoning DeFi market. Recent data indicates an exponential increase in the total value locked...
Defi Liquidity Mining
Decentralized Finance, popularly known as DeFi, has made waves in the finance industry especially with the introduction of a concept called "DeFi Liquidity Mining". In essence, DeFi liquidity mining is an innovative earning strategy where investors lock their assets into a liquidity pool of a Decentralized Exchange (DEX), and earn rewards or income for providing...
DeFi Llama
DeFi Llama is a popular multi-chain decentralized finance (DeFi) dashboard that presents key information about various DeFi projects on numerous blockchains. It aggregates data from different sources and offers a visual platform for analyzing and understanding DeFi markets. The platform has been instrumental in recent times, especially considering the exponential growth of DeFi. As of...
DeFi Mining
Decentralized finance, known popularly by its abbreviation, DeFi, has been a disruptive force in the finance industry. In the heart of this revolution lies an ingenious practice known as DeFi Mining. According to DeFi Pulse, the total value locked in DeFi protocols crossed the $130 billion mark in 2021, signaling a growing interest in the...
DeFi Protocol
Decentralized Finance (DeFi) protocols refer to blockchain-based financial services that operate without centralized intermediaries, such as banks, allowing users to lend, borrow, or trade assets in a peer-to-peer manner. These protocols leverage smart contracts on blockchains like Ethereum to automate financial transactions and enforce agreements digitally. Recent data underscores the rapid growth of DeFi, with...
DeFi Scanner
DeFi Scanner is a digital tool that investigates and evaluates various Decentralized Finance (DeFi) projects. It offers comprehensive and in-depth analysis of the DeFi space, allowing investors and users to make more informed decisions. The information presented includes details of each project’s smart contract, tokenomics, liquidity, risks, and more. Background or History The creation of...
Explore the MEXC Blog Glossary Archive to deepen your understanding of cryptocurrency and blockchain technology. This comprehensive resource features clear, easy-to-understand definitions of key crypto-related terms, concepts, and industry jargon. Whether you’re a beginner or an experienced trader, the glossary helps you stay informed, make smarter investment decisions, and navigate the fast-evolving crypto landscape with confidence. Start learning today and boost your crypto knowledge with MEXC!
