A Comprehensive Guide To Decentralized Finance (DeFi)

A Comprehensive Guide To Decentralized Finance (DeFi)

Decentralized Finance, commonly known as DeFi, has emerged as a groundbreaking development in the financial sector, reshaping how we think about money, investments, and financial services. Unlike traditional finance, DeFi operates without central financial intermediaries such as banks, exchanges, or insurance companies, utilizing blockchain technology to create a system that is open, inclusive, and inherently […]

Aave (AAVE), Non-custodial Cryptocurrency Lending Protocol

Aave (AAVE), Non-custodial Cryptocurrency Lending Protocol

Aave (AAVE), the open source and non-custodial protocol allowing the creation of decentralized finance (DeFi) markets. It allows its users to earn interest on the deposit of their cryptocurrencies and to borrow assets, all in a decentralized way. What is the Aave Protocol? Created in 2017 and based in London, the company Aave is at […]

Aave releases an open-source framework for social networking DApps on Polygon

Aave

Aave (AAVE) has unveiled the Lens Protocol, a new project aimed at assisting developers in the creation of social networking decentralized apps (DApps) on the Polygon (MATIC) blockchain. Aside from social network DApps, the architects of the liquidity market protocol hope to employ nonfungible token (NFT) technology in conjunction with Lens’ open-source blockchain technology to […]

Top Seven (7) DeFi Tokens to Invest in 2022

A Comprehensive Guide To Decentralized Finance (DeFi)

In recent years, the decentralised finance (DeFi) market has generated much interest from crypto enthusiasts and attracted investors worldwide. In its simplest form, DeFi is a term used for financial applications built on blockchain technology – designed to democratise the economic landscape by replacing centralised institutions. Today, DeFi platforms can offer you a full range […]

New Social Media Platform Powered By NFTs to Allow Users Own Their Content

The NFTs market grew by 21,350% in 2021 - All you need to know

As NFT adoption continues to increase, new social media platform sees it as an opportunity for digital ownership. The team behind DeFi liquidity protocol Aave is introducing a new way for social media users to own and control their content. The Lens Protocol Team to Launch a New Social Media Platform Powered By NFTs According […]

Aave Founder Announces Plans to Create Twitter on Ethereum this year

Aave Founder Announces Plans to Create Twitter on Ethereum this year

Stank Kulechov, founder and CEO of Aave, stated that the DeFi platform plans to establish a Twitter alternative on Ethereum this year. Through this platform, users can monetize their content and manage network rules. Kulechov wants Content Creators to Own their Audiences Kulechov said: “We believe that content creators should own their audiences in a […]

The Most Successful And Money-Making Defi Projects In 2020

The Most Successful And Money-Making Defi Projects In 2020

Given the relevance that decentralized finance, known as DeFi, has had during 2020, at FXCryptoNews we have prepared a special dedicated to the most successful projects. DeFi burst onto the market in 2017, but it wasn’t until mid-2020 that they started to take off strongly and grow in value and liquidity. The DeFi sector went […]