# First steps: Basic tips for getting started investing in DeFi

# First steps: Basic tips for getting started investing in DeFi

” First steps: Basic tips for getting started investing in DeFi “ Decentralized finance (DeFi) protocols have diversified investment opportunities in the crypto industry by facilitating novel and innovative passive income generation schemes. Delving a bit into how they work, DeFi systems are based on blockchain technology and run on programmable chains such as the…

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# How to bridge tokens from other chains to the Polygon Network

# How to bridge tokens from other chains to the Polygon Network

” How to bridge tokens from other chains to the Polygon Network “ Bridging assets could help solve issues like scalability, speed and high fees. Bridging means users can move their tokens between blockchain networks quickly and cost-effectively. The Polygon Bridge is used for cross-chain transactions between the Polygon (MATIC) and Ethereum (ETH) blockchains. It…

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# What is crypto lending and how does it work?

# What is crypto lending and how does it work?

” What is crypto lending and how does it work? “ The COVID-19 pandemic had a deleterious effect on the returns from the conventional instruments of investments such as stocks, gold and real estate, driving investors in hordes toward crypto. Individuals and institutionalized investors alike have tried their luck in the industry that has rolled…

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# UST staking goes live on Binance as Anchor reserves fall

# UST staking goes live on Binance as Anchor reserves fall

” UST staking goes live on Binance as Anchor reserves fall “ On Wednesday, centralized cryptocurrency exchange Binance launched its new TerraUSD (UST) staking program. Although Binance did not name the underlying decentralized finance protocol responsible for the staking rewards, Do Kwon — Terra Luna’s (LUNA) co-founder — attributed the origins of the high yield to…

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# Celebrity tokens: Signs of rising crypto adoption in Indonesia

# Celebrity tokens: Signs of rising crypto adoption in Indonesia

” Celebrity tokens: Signs of rising crypto adoption in Indonesia “ Cryptocurrency investments in Indonesia have seen considerable growth between 2020-2022, with 4% of the country’s population having invested in crypto. In 2021, crypto transaction volumes surpassed $34 billion, according to Indonesia’s Commodity Futures Trading Regulatory Agency. This growth has formed a new mindset toward…

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