TaaS stands for “Token-as-a-Service,” and was a closed-end tokenized fund that operated on the Ethereum blockchain. Essentially, TaaS cryptocurrency was a way for people to invest in crypto assets without having to deal with the technical barriers that can make it tough to get started. If you purchased a TaaS token you owned a piece of […]
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Decentralized Finance
HEX is the most polarizing cryptocurrency I have come across. It’s like Donald Trump. Half the people think HEX is going to make crypto great again. The other half can’t stand it. In this post I am going to explain HEX to you like you were 5. It’s pretty easy to wrap your head around. […]
In this article, I will introduce you to Curve Finance. Curve Finance is one of the foundational protocols of DeFi. It has almost $4Bn in total value locked and is the 6th largest DeFi protocol by that measure. I find its simplicity extremely exciting and hope you will too. In this article, I will explain […]
No, DAI crypto is not a good investment. Not in the traditional sense in any case. DAI crypto is a stablecoin whose value is pegged to that of the US dollar. This means that 1 DAI will always equal $1. So if you invest your money in DAI you cannot expect the value of this […]
What is DAI crypto and how does it work you ask? Are you sitting comfortably? Good, let’s start from the beginning. Picture this: a Danish dude is sipping a warm cup of green tea while he mentally prepares to give his first English lesson to a class of Chinese students in Beijing. The year is […]
What is Uniswap? I knew Uniswap was an important component of the whole DeFi story. I just didn’t realize how important it was until I started digging deeper. Uniswap is the Original Gangster of decentralized apps and its story is the story of DeFi. If you want to understand DeFi then you need to understand […]
Watched a bunch of videos but still don’t get Yearn Finance? You have come to the right place my friend. I will walk through what Yearn Finance does and how it works step by step. Read on for an in-depth, but simple, explanation without any of the tech or crypto jargon. 1. What is Yearn […]
If you are been reading up on Olympus Crypto explanations you have probably been going mental trying to understand all the jargon and how this cryptocurrency actually works. So what is Olympus DAO? When I looked at the Olympus DAO website I thought it was neat and organized with a FAQ section yet I came […]
Compound finance is a decentralized lending and borrowing platform for cryptocurrencies. Just like a bank where you can deposit your money and earn interest on your savings, with Compound crypto you deposit your cryptocurrency tokens to earn a return. And just like a bank can use your deposits to lend to others so too can […]