APR and APY are two common metrics displayed by decentralized applications, but what do they mean? In the world of DeFi, the abbreviations “APR” and “APY” are like salt and pepper. Incredibly common, and yet, very different! Becoming familiar with these terms is vital to being a successful DeFi enthusiast! What is APR? APR stands […]
How do yield farming rewards work? What is inflation? Lets dig into emissions and what they mean! Have you ever wondered how yield farms are capable of offering such high interest rates? And, why is it that some yield farming tokens struggle to gain traction, while others thrive? Many factors contribute to the strength of […]
How’s it going #CrystalCrew 👋? As you know Vaults are now one of the main services available on Crystl.Finance 🤩! If you have no idea what a Vault is or how it works, this article is for you! Together we’ll go over everything you need to know about Vaults, how they work, and how Crystl […]
Polygon‘s MATIC coin is classified as a small-cap enterprise, with a market valuation of approximately $15.7 billion. The scalable solution, on the other hand, makes up for its size in integrations and widespread acceptance. In October, Polygon’s utilization grew by 145% month over month, with 61% more development teams using the layer-two protocol than in […]
MonoX, an AMM on the Ethereum and Polygon blockchains, has announced the formal launch of its mainnet platform, giving investors access to full swap and liquidity features. With the launch of this new service, Mono X aims to provide a premium and open framework for liquidity providers looking to launch their projects on the market, […]
Polygon Network Welcomes the Axion Network “The future of AXION is here.” Axion Network completes Polygon Migration. Say goodbye to mind-boggling gas fees, and embrace an affordably rewarding future with the Axion-Polygon synergy. The Ethereum Network has been a robust foundation for launching the Axion project. But, scaling to a massive scale, that too with […]
Unnamed sources say that IPL fan tokens are in the works and will likely be powered by Polygon. Co-founder and Polygon COO Sandeep Nailwal has also alluded to such a development in the company’s public statements, he remarked “Polygon will have some exciting developments coming public shortly with relation to Indian sports.” The IPL fan […]
Everyone invests into cryptocurrency and DeFi for various reasons, but it’s safe to say that we all share a common goal in wanting to become successful investors! Of course, as we all know there are many paths to success and the path is not always clear. You might be looking for some easy answers… However, […]
Whether it’s your first time interacting with a DeFi protocol or the 100th time this week, this article is designed to help you learn a little bit about what you’re actually doing when you’re clicking buttons on the screen and collecting ”magic internet money” on a decentralized application like Crystl.Finance! Many potential DeFi users can […]
⚠️Disclaimer: The information on this article should not be interpreted as financial advice.⚠️ Decentralized Finance is full of all sorts of interesting projects! From AMMs (Automated Market Makers), to semi-collateralized stable coins, synthetic assets, yield farms, and lots of other interesting stuff. The beauty of smart contracts (the technology on which all decentralized applications, dApps […]