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CRYPTO

by DeFi Daddy

Cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

ECO

When we talk about blockchain ecosystems, these are the groups of actors interacting with one another within the world of blockchain and with the surrounding off-chain world. In your typical blockchain, actors include users, miners, developers, and more.

TOKENISED BTC & ETH

NODE STAKING

Stake as little as 0.01 ETH and instantly receive rETH, a tokenised staking deposit. stake 16 ETH on your own node in the network and earn a higher return.

STABLECOINS

Stablecoins are cryptocurrencies designed to minimize the volatility of the price of the stablecoin, relative to some “stable” asset or basket of assets. A stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities (such as precious metals or industrial metals).

GOLD TOKENS

GOLD tokens are backed by real gold bars stored in secure and auditable vault storage. One GOLD token equals to 1 gram of physical gold. The token is based on Ethereum blockchain (ERC-20 standard), and is issued and operated by these companies.

CRYPTO CARDS

The world’s first free metal crypto-linked Visa card with up to 8% crypto cashback, airport lounge access, Netflix/Spotify/Expedia/Airbnb rewards.

DEFI

Decentralized finance, also known as DeFi, is a fast-growing sector of the cryptocurrency industry. While cryptocurrency coins create a decentralized store of value separate from any government-backed fiat currency, DeFi creates decentralized financial instruments separate from traditional centralized institutions.

BORROW / LEND

In DeFi lending, investors and lenders issue a loan or deposit fiat for in interest through a distributed system and a decentralized application. On the other hand, an individual or business borrows money for interest through a decentralized network.

TRADING PLATFORMS

Unlike legacy markets, where each broker has the same derivatives that trade on a single exchange, each cryptocurrency derivative exchange has its own products. As a result, it is a must to understand the features of different derivative exchanges before making a decision.

NFTs

A non-fungible token (NFT) is a type of cryptographic token that represents a unique asset. NFTs are tokenized versions of digital or real-world assets. They function as verifiable proofs of authenticity and ownership within a blockchain network.

FINANCIAL NFTs

ORACLEs

Blockchain oracles are third-party services that provide smart contracts with external information. They serve as bridges between blockchains and the outside world. … Some oracles also have the ability to not only relay information to smart contracts but to send it back to external sources.

DERs

DERs are electricity-producing resources or controllable loads that are connected to a local distribution system or connected to a host facility within the local distribution system. These resources are typically smaller in scale than the traditional generation facilities that serve most of demand.