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Liquidity mining is a decentralized finance (DeFi) process, where users provide liquidity to a decentralized exchange (DEX) and, in return, earn rewards. What is Liquidity Mining? In finance, liquidity refers to how easily an asset can be bought or sold. In the context of DeFi, liquidity mining involves users depositing their cryptocurrency into a liquidity pool….
Today we’ll be talking about the best DeFi platforms in 2024. We’ll give you a proper breakdown of several DeFi platforms. What Is DeFi? Decentralized Finance (DeFi) is a transformation of finance. It uses blockchain technology to offer financial services without the normal intermediaries like banks. DeFi utilizes smart contracts which are self-executing contracts with terms…
Ways to spot and avoid crypto scams in 2024 The Cryptocurrency industry is arguably the fastest-growing industry globally. As mentioned in one of my articles, the cryptocurrency Alpha Coin ‘Bitcoin’ became the first asset to hit the trillion dollar market cap within two decades compared to the likes of Apple, Google, and Microsoft. Bitcoin…
