Let's talk!

Has Terra Debacle Changed NFT, DeFi, and Crypto Adoption?

• Posted by Jauregui Donald August 7, 2022 Filed in Other 10 views
  click to rate

  Because of this, the most successful DeFi investors are the ones who invest in LP pairs where a) the price of both tokens are likely to go up, and b) the trading volume between those pairs is likely to remain constant and/or increase. Instead, as long as your tokens are in the pair, they’re in limbo and still being adjusted by the smart contract . For large, centralized exchanges to process billions of dollars in crypto transactions every day, they have to have billions of dollars worth of coins on their balance sheets. Whether someone’s interested in stocks, commodities or https://allcoinss.com crypto, all asset trading is dependent on liquidity. In smaller DeFi protocols, it's common to see double, triple, and even quadruple-digit interest rates in exchange for staking tokens. Except instead of having a bank standing between you and your money, you can visit a DeFi website, connect your wallet, deposit funds and start receiving “interest” directly into your wallet.