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...
DeFi Staking
DeFi staking refers to the practice of actively participating in transaction validation, similar to mining, but different in many key aspects, on a Proof-of-Stake (PoS) blockchain by holders of a cryptocurrency. Recent data shows that DeFi staking has seen substantial growth over the past year. For instance, the total value locked in DeFi staking platforms...
DeFi Stock
Decentralized finance (DeFi) stocks are a relatively new entry in the financial market landscape. They represent the intersection of traditional stock market mechanisms with the innovative world of blockchain technology. Recent data from the DeFi Pulse Index shows a significant increase in the total value locked (TVL) in DeFi over the past year, highlighting a...
DeFi Technologies
Decentralized Finance, or DeFi Technologies, present a remarkable shift in the modern financial landscape, providing a way to imitate and improve traditional financial systems using blockchain to take the middleman out of transactions. Blockchain data highlights that as per May 2021, there are approximately $60 billion worth of cryptocurrencies collateralized into DeFi protocols, up from...
DeFi Wallet
DeFi Wallet, short for Decentralized Finance Wallet, is an essential digital tool that allows users to store, manage, and transact with decentralized currencies. Beyond just a repository, it is also an interface that connects users to the blockchain world and the DeFi ecosystem. Recent data points to a growing acceptance and usage of DeFi Wallets...
DeFi Wallet App
The DeFi Wallet App is a unique, decentralized mobile application that allows individuals to manage their crypto assets and engage in decentralize financial operations. It has revolutionized the way users interact with crypto platforms, providing a level of independence and flexibility unprecedented in the traditional banking sector. Background and Evolution of the DeFi Wallet App...
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!
