The decentralized finance or DeFi space is growing at a gargantuan pace. Just about an year ago on January 1st, 2020, the total value locked in DeFi protocols stood at $18B. Exactly one year later, this figure rose to $238B. This giant leap can be attributed to constant innovations in this realm. Today, we are […]
Tag: decentralized finance
We’re Too Early in Web3: The SBI Rant
Every now and then, I would hear someone say that web3 is at a very nascent stage. And guess what? They’re right. It is. There’s a lot of BUIDLing that needs to happen to become at par with web2 counterparts. Taking back the control of your data is sexy. But if masses don’t adopt, you […]
What are Degen Yield Farms: The Crypto Gambling
A few days ago, I talked about what yield farming is. We discussed methods like liquidity provision, lending/borrowing, staking etc. to farm for free crypto rewards. This time, we’re back with another method of yield farming. I didn’t include it in the previous blogpost because this is basically gambling and nothing else. In essence, it […]
What is Stablecoin? Types of Stablecoin and Uses
I have been writing about blockchain and crypto for a while now. Every time I push the agenda of jumping into cryptoverse, I definitely get this from my beloved normies (someone who doesn’t invest in crypto): Raghav, it’s very volatile. And they aren’t wrong either. In my active investing journey of crypto, my portfolio has […]
What is Yield Farming in Crypto?
If this were a college Viva, I would have said that farming for more yield is called yield farming. Lucky for you, this isn’t one. So I am going to break down every piece of this seemingly complicated topic, in such a way, that you can become smarter version of yourself when you finish reading […]
5 Ways to Avoid Impermanent Loss
Oh come on! This is the third blogpost this week on the likes of impermanent loss already. While I prefer keeping all my blogposts between 1000-1500 words so that our readers don’t feel bored or less informed at the same when they finish the topic, but impermanent loss is different. You see, for a new […]
What is Impermanent Loss?
We recently covered the working of an automated market maker. For the uninitiated, it is a way to exchange two cryptocurrencies (assets) in a way that the price is decided by the amount of crypto left in the liquidity pool. Simply put, on the basis of supply and demand, the price of an asset is […]
What is Uniswap and UNI token?
Recently, I had a chance of visiting my hometown and meeting my grandparents. In one of our dinner conversations, he told me that the primary aim of having a business about 60 years ago was to feed the family. There was no concept of luxury per se. As a result, he would quite often accept […]
What are Flash Loans and it’s Uses?
It’s DeFi season at pandatechie and we couldn’t be more excited about this one. Why? Because this takes my respect for blockchain backed decentralized finance ecosystem, up a notch. Whenever a new technology comes up it usually starts with very rudimentary use cases. These ones often involve mimicking the existing functionalities in the blockchain landscape. […]
What is an Automated Market Maker (AMM)?
Complicated term right? Well, the job it does isn’t easy either. So buckle up and catch hold of the nearest chair. As always, I won’t be using any fancy jargons to explain this to you. Apart from that, once you wrap your head around this technology, it would feel no less than magic. A part […]