2sats

2sats

I am just some bored guy that likes cryptocurrency


The Real Reason Why UST and LUNA are a Failure

12 May 2022 4 minute read 3 comments 2sats

*obligatory not financial advice*   This has been an awful week for the cryptocurrency world. UST, one of the most trusted and largest US dollar stablecoins has completely failed at keeping its supposed value. Many people that want to use DeFi but ar...

Crypto Basics #5: What is Staking and Proof of Stake?

8 May 2022 3 minute read 1 comment 2sats

*obligatory not financial advice*   Hi, In this series I want to explain some terms that are relevant to the amazing world of cryptocurrencies to help newcomers understand it better. Today I want to talk about staking.   Previous Parts: Crypto Basics...

ALEX: The First Complete DeFi Protocol the Stacks Blockchain

7 May 2022 3 minute read 0 comments 2sats

*obligatory not financial advice*   What is ALEX? ALEX is short for Automated Liquidity Exchange and it is an all-in-one DeFi application and the most used dApp on the Stacks blockchain, which is a special smart contract blockchain that is connected...

StakeEasy SEASY: Liquid Staking for SCRT on the Secret Network Blockchain

6 May 2022 3 minute read 1 comment 2sats

*obligatory not financial advice*   What is StakeEasy? StakeEasy is a platform for liquid staking of the SCRT coin on the Secret Network blockchain. Secret is a smart contract blockchain that has privacy by default and is highly interoperable thanks...

Crypto Basics #4: What is Mining and Proof of Work?

1 May 2022 3 minute read 3 comments 2sats

*obligatory not financial advice*   Hi, In this series I want to explain some terms that are relevant to the amazing world of cryptocurrencies to help newcomers understand it better. Today I want to talk about mining.   Previous Parts: Crypto Basics...

TzButton: A Lottery Game and Social Experiment on the Tezos Blockchain

29 Apr 2022 2 minute read 2 comments 2sats

*obligatory not financial advice*   What is TzButton? TzButton is special type of lottery where people can deposit 0.2 XTZ coins into a pool and the last person to make a deposit before the countdown is over receives the entire pool. Each new round s...

The ORCA Exchange: A High-speed DEX on the Solana Blockchain

28 Apr 2022 4 minute read 1 comment 2sats

*obligatory not financial advice*   What is Orca? Orca is the main decentralized exchange of the Solana blockchain. It allows its users to trade cryptocurrencies in a decentralized manner while taking advantage of the high speed and low cost of its b...

Crypto Basics #3: What is a Cryptocurrency Wallet?

25 Apr 2022 3 minute read 2 comments 2sats

*obligatory not financial advice*   Hi, In this series I want to explain some terms that are relevant to the amazing world of cryptocurrencies to help newcomers understand it better. Today I want to talk about Cryptocurrency Wallets.   Previous Parts...

Sturdy: A Special Lending Protocol on the Fantom Blockchain

24 Apr 2022 2 minute read 0 comments 2sats

*obligatory not financial advice*   What is Sturdy? Sturdy is a lending protocol on the Fantom Blockchain that uses the borrower’s collateral to create a yield for the lenders. If you want to take a loan on Study, then you have to provide a collatera...

Ref Finance and the REF Token: The Biggest DEX on NEAR Protocol

23 Apr 2022 4 minute read 1 comment 2sats

*obligatory not financial advice*   What is Ref Finance? Ref Finance is a DeFi application that enables the trade and exchange of cryptocurrencies on the Near blockchain. Near Protocol is a smart contract chain that is trying to beat the blockchain-t...