DAO
A DAO (Decentralized Autonomous Organization) operates as an organizational structure rooted in blockchain technology. It employs smart contracts to facilitate automated operational decisions. In such organizations, the voting rights of each member are typically tied to the number of tokens they possess or their level of contribution, fostering equitable and collective intelligence-driven decision-making.
DAI is a decentralized stablecoin built through a smart contract on the Ethereum Blockchain. It aims to maintain a stable 1: 1 value against the US dollar.
Wrapped tokens are tokens that are pegged against other cryptocurrencies and exist on other blockchains. They increase interoperability among blockchain networks.
In Ethereum, every new feature or improvement is proposed in the form of EIP, which will be implemented by all miners. This article will give you an in-depth understanding of what an EIP is and what role EIPs play in the development of Ethereum.
The Ethereum ecosystem has attracted a large number of users. Although its high gas fees and congested network are often criticized, it has always been the preferred public chain for Dapps due to its safe, stable, and innovative system. Rome was not built in a day. Similarly, Ethereum has undergone various upgrades since its inception. These upgrade and improvement proposals need to reach an overall consensus in the Ethereum community in the form of EIP before they can be finally implemented.
DeFi 2.0 refers to the DeFi innovation phase, a subset of decentralized protocols built on breakthroughs like yield farming, lending, and other innovations.
Stablecoins have the same purpose, but different peg mechanisms
ERC-20 has emerged as the technical standard used for all smart contracts on the Ethereum Network.
Decentralized software applications that work using blockchain technology.
An organizational governance protocol without central authority
A quick run-through of the essential steps to determine the most suitable financial products for you
How to trade non-fungible tokens (NFTs) in a safe and convenient way
Lido is a protocol that provides staking services and allows users to stake cryptocurrencies to get rewards without a minimum threshold and lockups.
TRON is a public chain project created by Justin Sun in 2017. It ranks among the top based on its efficient network, scalability and extremely low transaction fees.
When we talk about TRON, the first keywords related to it might be Justin Sun, TRC-20, and DPoS. But as a public chain with top market cap and extensive application scenarios, there is much more worth knowing, including its consensus mechanism, economic model, history, and its founder.
Loot, originally an NFT project adopting the Free Mint tactic, had triggered positive responses in the NFT market immediately after its launch. As the first project that proactively invites users to participate in the project construction and allows players to create their NFT minting stories freely, Loot's innovation has been recognized by many users. The first batch of Loot (for Adventurers) received a trading volume of 74.7K ETH on OpenSea, witnessing great success. After that, Lootverse began to open up a magnificent chapter in crypto space.
The combination of NFT projects and blockchain games has always been highly talked about. One of the best practices for empowering NFT projects is to make game characters and props into NFTs and store them on chain. Loot is exactly such a project that combines NFTs and GameFi. What makes Loot stand out among many NFT and GameFi projects as a rising star? Follow us to enter the Lootverse and feel its charm directly.
As the bridge linking fiat currency and cryptocurrency, a growing number of stablecoins have been created, with many of them collapsing soon afterward. What about USDC, the leading stablecoin currently? How will it evolve in the future?
Web 3.0 is an iteration of the internet that combines AI, algorithms, IoT, blockchain, and more. It aims to create a more interconnected and decentralized internet.