DeFi Dive 004: Glitch Finance — a scalable layer 1 blockchain to facilitate DeFi money markets

One of the great bottlenecks for Ethereum to reach it’s full potential is scalability. It is clear as day that in its current state it is not able to be the platform facilitating DeFi access to the entire world. The average transaction fee on Ethereum has a cost of above 10–20$ per transaction during 2021 and for most of 2020, which prices out the majority of the global population. Luckily, solutions are being developed to tackle this problem and increase the accessibility to DeFi…

With the explosion of DeFi in the past year a vast number of individuals are beginning to realise and understand the true potential of a financial system that shifts the benefits from solely lying with the rich and powerful to everyone that participates in it. Unfortunately, accompanied with that rise in funds making its way into DeFi, are the amount of scammers attracted to the field because of the opportunities they see to exploit unaware newcomers. The amounts and various types of exit scams that we see in crypto are staggering; from projects pulling Uniswap liquidity and dumping their tokens…

In recent times a movement against billionaire hedge funds has been sparked. These developments were a long time coming, rooted in many years of economic pain & suffering created by an unjust system that is structurally installed to benefit large corporations and the most wealthy individuals. Now, what if there could be hedge funds that are democratically controlled in a decentralised manner? Such a concept has been made possible thanks to blockchain technology and DeFi. A project called Surf.finance is attempting to make this a reality.

Surf.finance is a decentralised hedge-fund that provides passive income to those that stake their…

Welcome to: DeFi Dive. In this blog, we’re going to explore the world of DeFi, aka Decentralised Finance. I will be discuss the leading developments in the field and highlight some of the most interesting and innovative projects that I come across. My focus will be primarily more on the lesser-known projects to help them get the exposure they deserve. Due to the increased influx of newcomers immersing themselves into the overwhelming world of crypto, I will try to keep this blog easily digestible for people that are new to DeFi.

An explosion in DeFi’s TVL took place throughout 2020

DeFi has been undergoing immense growth in recent times…

DeFi.Dive

Cryptocurrency & DeFi enthusiast. Looking to raise awareness about the potential of Decentralised Finance and help newcomers gain a better understanding of it.

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