DeFi Adventures

DeFi Adventures

Instead of just consuming blogs and resources which taught me quite a bit about blockchain technology and Decentralized Finance, I want to share with you my DeFi Adventures in this blog. Let me know what you think!

How I Farm $FTM On Fantom Opera During This Market Downturn

31 May 2021 3 minute read 0 comments n1ce

In this article I want to describe my strategy on getting some returns on my $FTM tokens on the Fantom Opera Blockchain (of blockchains). If you are new to Fantom, feel free to check out my article on the network here. How To Get A Return On Your FT...

What Is Fantom Opera And How Does It Solve The Blockchain Trilemma? A Quick Introduction.

30 May 2021 2 minute read 5 comments n1ce

Short Bio of Fantom Opera Network of blockchains that provides services to Applications and Businesses Compatible with Metamask Wallet Transaction cost: fractions of a cent Super fast transaction speeds (>1s and will get faster if the network usage...

Understanding Crazy Crypto Yield Percentages: APR vs APY - The Power Of Auto-Compounding Explained

29 May 2021 1 minute read 0 comments n1ce

Have you ever wondered how these extremely high percentages on Yield Farms work? Can that even be sustainable? In this blog I want to explain the difference between APR and APY and the beauty of compounding percentages. In short: APY is the real rate...

How to get your money out of a liquidity pool even without the farming website (Or the story of my very first rug pull - on Fantom Opera)

27 May 2021 4 minute read 0 comments n1ce

So I was just rug pulled by a yield farming project on the Fantom Opera Chain. “Rug pull”? That’s crypto slang for: a project team ran away with the money of their project.  When I entered the DeFi space, I kept hearing that term. As most developers...

How to get some solid returns on your stable coins with IRON Finance on the Polygon Network

26 May 2021 2 minute read 0 comments n1ce

There is a chance, with the current crash happening, you have some of your reserves in US Dollar stable coins. This could be a good opportunity to let your money work for you. One way to do that is to provide liquidity for a protocol. This means addi...