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 […]
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 […]
Disclaimer: The information on this article should not be interpreted as financial advice. Decentralized Finance (DeFi) Decentralized Finance, or DeFi is a sector in the cryptocurrency space that is full of opportunities. Many users see DeFi as a means to financial freedom and an escape from low interest rates offered in Centralized Finance (CeFi) by […]
How many times have you tried to learn more about DeFi, including all its bells and whistles and was promptly stopped by someone telling you to DYOR (do your own research)? Many of us would just keep quiet and bite the bullet to avoid looking like a n00b in front of all these veterans in […]
WalletConnect makes it easy for you to connect dApps to your mobile or desktop wallets. Let’s start with the misconceptions; WalletConnect is not a Decentralized Application (dApp) but an open-source protocol that enables you to connect different supported dApps to your wallet. With that out of the way, WalletConnect is a vital tool for the […]