What is DAI? Date launched: December 2017 Dai (DAI) is a stablecoin linked to the value of the U.S. dollar. To maintain its price stability, DAI’s value is regulated by MakerDAO, its decentralized governance community. How to use? While actual DAI stablecoins are produced via its Maker Protocol platform that accepts various cryptocurrencies as collateral, […]
Maker (MKR) was developed in 2015 to provide investors and borrowers a way to participate in the Maker ecosystem What is Maker? MakerDAO is a DAO (a decentralized autonomous organization), Maker (MKR) is a token that gives voting rights and fluctuates in value, and Dai is the stable coin created using Maker’s lending and borrowing […]
What is Chainlink? Chainlink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. Smart contracts are pre-specified agreements on the blockchain that evaluate information and automatically execute when certain conditions are met. LINK tokens are the digital asset token used to pay for services on the network. The Chainlink […]
What is Curve? Curve Finance (https://curve.fi) is an automated market maker protocol designed for swapping between stablecoins with low fees and slippage. It’s a decentralized liquidity aggregator where anyone can add their assets to several different liquidity pools and earn fees. Curve Finance is a decentralized exchange (DEX) running on Ethereum. It’s specifically designed for […]
What is Ethereum? Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens. Tokenomics Circulating supply: 118,000,000 ETH
What is Tether? Tether (USDT) is a blockchain-based cryptocurrency whose tokens in circulation are backed by an equivalent amount of U.S. dollars, making it a stablecoin with a price pegged to USD $1.00. Stablecoins track traditional fiat currencies, like the dollar, the euro, or the Japanese yen, which are held in a designated bank account. […]