Crypto Devotee
Crypto Devotee

Crypto Devotee

Catch top life hacks, trends, and news flashes from the DeFi world. Discover newly-released DEXs, coins, and integrations. Get the most from providing liquidity, farming, and staking.

Luna & UST: The Biggest Collapse

13 May 2022 3 minute read 0 comments Crypto Devotee

Everyone in the crypto world is familiar with UST which is the fourth largest stablecoin in the world. The recent buzz about the bloodshed of the Terra project, its native token LUNA and a stablecoin UST is breaking all the news headlines. What is Te...

Farm Crypto With Stablecoins As Rewards

29 Apr 2022 2 minute read 0 comments Crypto Devotee

A veritable craze is going on across all the DeFi world. Automated Market Makers have got in front by providing users with efficient ways to make their crypto assets work. One of them is crypto farming which allows you to get a high interest rate by...

What Is Liquidity Pool in DeFi?

22 Apr 2022 2 minute read 3 comments Crypto Devotee

Today, an awful lot of crypto assets are flowing into liquidity pools which arrived as an alternative to the traditional markets with buyers, sellers, and order book. Running on the AMM model, liquidity pools have proved to be a secure and efficient...

How to Avoid Impermanent Loss?

14 Apr 2022 2 minute read 4 comments Crypto Devotee

A lot of smart contracts are now providing a plethora of opportunities to multiply your capital. Liquidity providing is one of the ways gaining momentum these days. However, there's still one big downside in liquidity providing that hasn't been solve...

Impermanent Loss In Providing Liquidity

12 Apr 2022 1 minute read 2 comments Crypto Devotee

In today's DeFi, liquidity providing is gaining momentum all around the valley. However, there is a strong deterring factor for liquidity providers which is impermanent loss. If you haven't heard of impermanent loss before, this is something you have...