The.Crypto.blog

The.Crypto.blog

Writing about cryptocurrency topics


Yearn Finance Vaults Explained

2 Jun 2021 3 minute read 5 comments RelyOnCrypto

Before we get started, if you're new to Yearn Finance and need a recap, check out my previous article here.   Yearn vaults are funds that are pooled together with a plan for maximizing the value of the asset in the vault. Vault strategies are more ac...

THORCHAIN Explained

28 May 2021 6 minute read 2 comments RelyOnCrypto

Decentralized exchanges have been gaining popularity, with billions of dollars in trading volume. UniSwap alone sees over $1 billion in daily trading volume regularly. Although protocols like UniSwap, SushiSwap, and Curve are fantastic, they do not f...

Polygon (MATIC) Explained

25 May 2021 6 minute read 15 comments RelyOnCrypto

The project was previously called Matic or Matic Network before the rebranding to Polygon. Matic was founded in 2017 by three founders who were prominent members of the Indian cryptocurrency community and decided to join forces to address Ethereum sc...

Ripple (XRP) Explained

20 May 2021 6 minute read 13 comments RelyOnCrypto

Have you ever needed to transfer money to someone only to be told that it may take several days for the funds to arrive in their account? That's because most big banks are still utilizing systems designed for this purpose 40 years ago. MoneyGram and...

The Graph: The Google of Blockchains

14 May 2021 5 minute read 4 comments RelyOnCrypto

The Graph is a queering protocol for Blockchain data that allows completely decentralized applications to be built. The project was established in 2017 by a group of three software engineers who were disappointed by the Ethereum ecosystem's lack of t...

Yearn Finance and The YFI Token Explained

12 May 2021 4 minute read 1 comment RelyOnCrypto

The Yearn protocol is the most essential part of Yearn Finance. Yearn is a yield optimizer that focuses on maximizing Decentralized Finance capabilities by switching between different lending protocols automatically. Andre Cronje, the creator of the...

UNISWAP Explained

10 May 2021 4 minute read 11 comments RelyOnCrypto

UniSwap is undoubtedly one of the most relevant and widely debated Decentralized Finance projects. UniSwap is a protocol for decentralized token exchange on the Ethereum Blockchain. UniSwap is a decentralized, permissionless, and censorship-resistant...

AAVE – Open Source DeFi Protocol Explained

7 May 2021 4 minute read 2 comments RelyOnCrypto

In 2017, AAVE, which is now one of the most common lending protocols in Decentralized Finance, was developed. Before the rebranding in September 2018, the project was known as ETHLend, which was founded by Stani Kulechov in Finland. Stani found Ether...

Ethereum 2.0 Explained

5 May 2021 5 minute read 7 comments RelyOnCrypto

Ethereum 2.0, also known as ETH2, is a set of integrated upgrades to the Ethereum network aimed at making it more scalable, secure, and sustainable. Many teams in the Ethereum community are working on these upgrades. Each team is concentrating on a p...

Binance Smart Chain Explained

3 May 2021 4 minute read 17 comments RelyOnCrypto

Binance, one of the most famous cryptocurrency exchanges, has announced the launch of Binance Chain, their own blockchain. The key goal of Binance Chain was to build a fast Blockchain that could handle a high volume of transactions. Binance Chain's t...