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My DeFi Portfolio: Part #3 - Solana

14 Jan 2023 1 minute read 2 comments Bfab $0.52

In the previous issues of my DeFi portfolio, I talked about Ethereum (ETH) and L2s, as well as other EVM (Ethereum Virtual Machine) compatible chains. This time, I will focus on the non-EVM blockchains. Examples of non-EVM blockchains supporting DeFi...

My DeFi Portfolio - Part #2: EVM Chains

13 Jan 2023 1 minute read 1 comment Bfab $0.55

Last time I wrote about my DeFi portfolio, I focused on Ethereum & L2s. This time, I will talk about EVM (Ethereum Virtual Machine) compatible chains: Polygon (MATIC): I invested in liquidity pools on Uniswap, e.g., MATIC/AAVE, since I am bullish on...

How To Earn Rewards With GMX

12 Jan 2023 1 minute read 2 comments Bfab $0.25

In the last 12 months, GMX (GMX.io) token price has increased by 22%, whereas Bitcoin (BTC) and Ethereum (ETH) have both decreased by 57%. How does GMX.io work? GMX.io is a decentralized spot and perpetual exchange that enables users to trade BTC, ET...

Avalanche Partners With AWS - Good Or Bad News?

11 Jan 2023 1 minute read 1 comment Bfab $0.22

If you wonder why Avalanche (AVAX) suddenly pumped by 15%, the answer is here: It is not the first time that AWS partners with a blockchain. Ethereum (ETH) blockchain already has 25% of its nodes on AWS. However, according to Ava Labs, it would be t...

Should You Invest In Storage Tokens?

11 Jan 2023 1 minute read 10 comments Bfab $0.14

The storage tokens on Coingecko (a category gathering several storage tokens like Filecoin, Storj or Arweave) has increased by 15% in the last 7 days. Should you invest in blockchain-based storage solutions? There are several different blockchain-bas...

The Best Sharding Blockchains - NEAR Vs EGLD

8 Jan 2023 1 minute read 2 comments Bfab $0.62

Sharding is a scaling technique used by some blockchains to increase transaction throughput by allowing the blockchain to be processed by multiple nodes in parallel. ‘Shard’ is an abbreviation for ‘System for Highly Available Replicated Data’ - the n...

Solana (SOL) Vs Polygon (MATIC) - Trends & Geography

7 Jan 2023 1 minute read 1 comment Bfab $0.21

According to Googletrends, there have been more searches for Solana than for Polygon recently: Furthermore, there are more searches for Solana than for Polygon in Europe and most of Latin America, whereas it is the contrary in the rest of the world....

Why DeFi Needs More Decentralization

6 Jan 2023 1 minute read 2 comments Bfab $0.53

The term "DeFi" (short for "Decentralized Finance") refers to a range of financial applications and services that are built on top of decentralized blockchain networks such as Ethereum (ETH). These applications and services are intended to provide fi...

BONK, DOGE, SHIBA INU... Why Do We Need Memecoins?

5 Jan 2023 1 minute read 3 comments Bfab $0.52

BONK pumped and started to dump this week, like other memecoins such as DogeCoin (DOGE) and SHIBA INU did in the past. What is the utility of memecoins? Memecoins are digital assets that are often used as a form of novelty or for entertainment purpos...

Beware Of Stablecoins - Stability Does Not Exist

4 Jan 2023 2 minute read 4 comments Bfab $0.37

Stablecoins look like a safer option than other cryptos. However, the real stability does not exist, as shown by TerraUSD (UST), which is now USD 0.02... Apart from TerraUSD, there have been a number of stablecoins that have failed or have otherwise...