2sats

2sats

I am just some bored guy that likes cryptocurrency


Zilliqa ZIL: The First Blockchain with Successful Sharding

13 Jan 2022 3 minute read 4 comments 2sats

*obligatory not financial advice*   What is Zilliqa? Zilliqa is a smart contract blockchain that is highly scalable and can handle thousands of transactions per second. It accomplishes this by splitting its network into shards that can process transa...

Uniswap UNI: The Decentralized Exchange and its Automated Market Maker

12 Jan 2022 4 minute read 1 comment 2sats

*obligatory not financial advice*   What is Uniswap? Uniswap was one of the first few decentralized exchanges on the Ethereum blockchain. It doesn't use an order-book system to match buy and sell orders but instead uses provided liquidity to offer in...

Secret Finance SEFI: A Privacy DEX on the Secret Network Blockchain

11 Jan 2022 4 minute read 0 comments 2sats

*obligatory not financial advice*   What is SecretSwap? SecretSwap is a decentralized exchange on Secret Network. The transactions with it are encrypted thanks to the nature of its blockchain and the DEX offers its users privacy by default. There are...

AAVE: A Decentralized Automated Cryptocurrency Bank on Ethereum and a Blue Chip DeFi Token

10 Jan 2022 3 minute read 3 comments 2sats

*obligatory not financial advice*   What is Aave? Aave is a decentralized finance protocol that allows its user to lend and borrow crypto assets in a decentralized way. You can think of it as a decentralized crypto bank that is automated by smart con...

WRAP: A Decentralized Bridge Between Ethereum and Tezos

9 Jan 2022 4 minute read 1 comment 2sats

*obligatory not financial advice*   What is Wrap? Wrap is a dApp on Tezos that allows Ethereum users to bridge their tokens to Tezos to utilize its lower fees and participate in its growing DeFi ecosystem. This makes both blockchains interoperable an...

Polkadot DOT: An Ecosystem of Connected Layer 1 Blockchains

8 Jan 2022 4 minute read 0 comments 2sats

*obligatory not financial advice*   What is Polkadot? Polkadot is a blockchain that aims to become an interoperable ecosystem of various side blockchains. With Polkadot each side chain or parachain can be its own project with its own features and spe...

UMA: A DeFi Protocol for Financial Contracts and Synthetic Assets

7 Jan 2022 4 minute read 3 comments 2sats

*obligatory not financial advice*   What is UMA? UMA is a DeFi protocol running on Ethereum that can be used to make financial contracts like options and it allows users to mint collateralized synthetic tokens that track the value of the assets they...

Swipe SXP and its Cryptocurrency Card Payment Infrastructure and DeFi Applications

6 Jan 2022 4 minute read 2 comments 2sats

*obligatory not financial advice*   What is Swipe? Swipe is partnered with major payment networks like Visa and MasterCard to offer businesses the necessary infrastructure for creating and issuing their own cryptocurrency-to-fiat payment cards that a...

DODO: The Next Generation of Decentralized Echanges

5 Jan 2022 3 minute read 3 comments 2sats

*obligatory not financial advice*   What is DODO? DODO is a decentralized exchange that features a unique AMM to keep the prices more stable and the slippage and impermanent loss low. It also gives developers the option to launch their own new tokens...

Klaytn KLAY: An Easy to Use Enterprise Blockchain for Mass Adoption

4 Jan 2022 3 minute read 0 comments 2sats

*obligatory not financial advice*   What is Klaytn? Klaytn is a smart contract blockchain with the goal to make mainstream blockchain adoption possible by making it easy for businesses and end users to build and use applications on it. It is a hybrid...