Tag: Makerdao
Compound Finance Review: DeFi Lending & Yield Farming
Compound has recently become the largest lending protocol in Decentralized Finance (DeFi). The introduction of its COMP token on June 17th sent the crypto world into a frenzy as users rushed to deposit their assets and earn unholy amounts of...
Bidao Review: Binance Chain Based DeFi Stablecoin
Bidao (BID) is building a decentralized Proof-of-Stake blockchain, which will also include a collateral backed stablecoin similar to the DAI stablecoin. They claim to be a one stop shop for decentralized finance (DeFi) applications, and in its initial rollout will...
What is The DAI Coin? Complete Guide to MakerDAO’s Stablecoin
The DAI coin is one of the older stablecoins, having been released in December 2017 by Maker. If you don’t know what a stable coin is, it is a cryptocurrency designed to keep its value pegged to another currency. In...
