Imagine being able to borrow thousands of dollars without putting up any collateral and doing so in mere seconds. Welcome to the world of flash loans in DeFi, where traditional financial barriers are broken down and innovative opportunities are just a transaction away. Concept and functioning Flash loans are a Leer más…
What if your staked tokens could do more than just sit idle, securing the Ethereum network? Imagine leveraging them to enhance security across multiple blockchains and DeFi protocols, all while earning additional rewards. Enter the world of re-staking, where your assets work harder and smarter, opening new possibilities in decentralized Leer más…
Liquid staking is a DeFi innovation that allows cryptocurrency holders to stake their assets while maintaining liquidity. Traditionally, staking locks up assets, making them unavailable for other uses. Liquid staking solves this by issuing staking derivatives, which are tokenized representations of the staked assets. These derivatives can be freely traded Leer más…
Privacy coins are cryptocurrencies designed to provide enhanced privacy and anonymity. Unlike traditional cryptocurrencies like Bitcoin, which have transparent transaction histories, privacy coins use advanced cryptographic techniques to obscure transaction details. Some of these techniques are –Stealth Addresses: These are unique, one-time addresses generated for each transaction. This means the Leer más…
Similar to traditional credit rates, crypto credit rates aim to provide a reliable measure of an individual’s creditworthiness, but they do so using blockchain data and algorithms. This innovation is set to revolutionize how lending and borrowing operate in DeFi. How they work and what they measure A crypto credit Leer más…
Imagine being able to borrow crypto without ever having to worry about repaying the loan. This revolutionary concept is now a reality thanks to self-repaying loans in the DeFi space. These loans leverage the yield generated from your collateral to automatically repay the borrowed amount over time. What Are Self-Repaying Leer más…
Can you imagine staking your funds and receiving the return instantly? Well, it is possible, thanks to a concept called flash-staking. Let’s delve into it. What it is and how it works It is a form of staking whereby the benefits of blocking funds in a protocol are received right Leer más…
L1s are responsible for fundamental functions such as transaction validation, block creation and maintaining network security. L2s are created to increase the number of transactions per second and reduce the cost per transaction. Today we will see what L3s are and why they are created. What they are L3s are Leer más…
Stablecoins are a very important part of decentralized finance. Understanding what they are and how they work is crucial to being able to navigate well in the ecosystem. Here is a clear and concise guide to stablecoins from the Growi.fi team. Stablecoins are cryptocurrencies whose value is anchored to another Leer más…
In traditional finance, securities trading is based on the order book. However, decentralized finance has developed a revolutionary concept called automated market makers (AMMs). What they are and main components AMMs are the trading system of decentralized finance. They are characterized for being decentralized and for being a system totally Leer más…