My web3 shopping spree continues. I purchased and blogged about my recent purchase of an Unstoppable Domain. This time around, I switched the blockchain and purchased yet another domain name: pandatechie.sol. Difference? The unstoppable domain purchase was made on polygon chain. This means, it covered the entire Ethereum and L2 ecosystem. However, with other blockchains […]
Tag: decentralized
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 […]
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 NFT? Why are NFTs so Valuable?
I don’t understand. What’s is this buzz around NFTs? Why are people buying images of rocks for a million dollars? Am I missing on to something? Well, you have come to the right place today. This newest fad of cryptoverse is taking over everything else with a storm. Suddenly, everyone is talking about NFTs. Until […]