https://techplanet.today/feed/tag/aave2021-05-18T14:57:00+00:00https://techplanet.today/7904
These platforms are popular because they allow users to do things like lend money and earn interest on their crypto savings in a permissionless manner, which means that you don’t need to do things like upload your ID or find out your credit rating score!
The popularity of these platforms has seen their token prices soar, so much so that they are now considered to be ‘blue chip’ DeFi tokens, meaning that they maintain a high price because crypto users are so confident in the fundamental value of the projects.
But what about some of the newer DeFi projects of 2020 and 2021?
Well, we’ve had a good rummage through the DeFi world, and picked out 3 projects with interesting use case...]]>
2021-05-18T14:57:00+00:00https://techplanet.today/7803
Unlike traditional banks or other centralized finance services, Aave requires zero registration or Know Your Customer processes. Simply connect your Web 3.0 wallet like Metamask and start depositing, borrowing, staking or swapping on the DeFi platform. All transactions are automatically executed on the Ethereum blockchain using smart contracts.
How Aave works is that instead of matching a lender to borrower 1:1, lenders deposit their funds into liquidity pools, which users then borrow from. And Each pool has reserves to act as a hedge against volatility. Instead of traditional banks raking in all the fees,  ...]]>
2021-04-01T09:10:09+00:00https://techplanet.today/7714
It’s formerly known as iEarn, and was single-handedly created by crypto’s legendary DeFi architect, also known as the “Father of DeFi”, Andre Cronje. Andre has many other DeFi projects to his name including: Eminence, Keeper Network, DeriSwap, Fantom and Fusion. Already known for his influential code reviews on the Medium platform, Andre is somewhat of a cult personality and his projects are always pushing the boundaries of DeFi.
At its heart, Yearn is an experimental, decentralized yield aggregator or yield bouncer platform. What it does is it automatically moves your deposited funds of stablecoins like DAI, USDT and USDC between...]]>
2021-02-04T10:27:00+00:00https://techplanet.today/7617
Speaking of old, classic game maker Atari is back and it turns out they're big into blockchain, the EOS network is expanding their horizon, and stocks can now be traded with Crypto 24 hrs a day.
Crypto exchange Bittrex has announced that they’re going to allow their customers to purchase stock shares with crypto. For example, ares. According to Bittrex they’ll begin by supporting shares from big tech companies like Facebook, Tesla, Apple and Google to name a few. This is pretty big news since until now there’s never really been a way to buy stocks with Bitcoin.
Although, to be&nbs...]]>
2020-12-12T08:32:00+00:00