2sats

2sats

I am just some bored guy that likes cryptocurrency


The Top 5 Best Smart Contract Cryptocurrencies

25 Aug 2021 5 minute read 8 comments 2sats

*obligatory not financial advice*   Smart contracts are programs that run a blockchain and cannot be altered or sabotaged after they are launched, this makes it possible to use your cryptocurrencies in a trust less manner where you don't depend on a...

Automated Yield Farming With Yearn.finance

23 Aug 2021 2 minute read 1 comment 2sats

*obligatory not financial advice*   What is Yearn.finance? Decentralized finance, short DeFi, offers many different ways to earn interest on various different cryptocurrencies. There are many different lending protocols and liquidity pools that all o...

The Importance of Decentralized Stablecoins: The Maker Protocol and the Terra Blockchain

18 Aug 2021 4 minute read 2 comments 2sats

*obligatory not financial advice* What are Stablecoins? A stablecoin is a token that is pegged to the value of a fiat currency and has the same price as its fiat counterpart. Essentially a stablecoin that is pegged to the US dollar is a tokenized dol...

Convenient Cryptocurrency Payments with the Flexa Network and the AMP Token

14 Aug 2021 2 minute read 2 comments 2sats

*obligatory not financial advice* What is Flexa? Cryptocurrencies have many advantages over fiat money, they don't depend on any one entity that has control over them for example, but they do have disadvantages. For example, a transaction can need se...

Get Paid For Having Your Portfolio Rebalanced with the Balancer Protocol

11 Aug 2021 1 minute read 2 comments 2sats

*obligatory not financial advice* What is Balancer? Balancer is a decentralized exchange with an unique feature that allows you to automatically rebalance your portfolio while earning interest with it. The reason why this is awesome is because tradit...

The REN Network and Cryptocurrency: A Decentralized way to Wrapp Bitcoin

10 Aug 2021 2 minute read 2 comments 2sats

*obligatory not financial advice* What is REN? Right now there are millions of BTC, ZEC and many other coins that are just sitting in a wallet and being HODLed without gaining interest. That is because you cannot directly use Bitcoin on Ethereums DeF...

Optimized DEX Trading with the 1inch Platform

9 Aug 2021 2 minute read 1 comment 2sats

*obligatory not financial advice* What is 1inch? 1inch is more than just 2.54 cm, it is also a decentralized exchange aggregator. It basically compares different DEXes like Uniswap and Sushiswap to offer you the best possible trading route for your t...