USDT Wrapping to VEX On 6 August 2021, USDT Wrapping on Vex is available on the Vex Wallet. With this, USDT owners can transfer their tokens to the Vexanium blockchain wallet. For every wrapping/bridge, users just have to write the transaction hash depending on where they want to send their USDT tokens. Each transaction must …
Yield farming, since the explosion of Decentralized Finance (DeFi) in the summer of 2020, has been an immensely popular activity for cryptocurrency holders. DeFi Pulse showed that in March 2020, the total value locked in DeFi protocols was around 600 million USD. Apart from the non-custodial aspect, researchers stated the permissionless nature and the openly …
Known among crypto users as platforms and protocols which replicate existing financial services using crypto or blockchain technology, decentralized finance (or “DeFi”) can limit the use of centralized systems. “An umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries,” stated CoinDesk to define DeFi. While “an open, …