Tag: defi
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Understanding APR, APY and their differences
Annual Percentage Rate (APR) and Annual Percentage Yield (APY) are both ways to express the annual interest rate of a financial product, such as a loan or a savings account. APR is a measure of the annualized cost of borrowing money, including interest and fees. It is expressed as a percentage. For example, if you…
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What is Yield Farming?
Yield farming, also known as liquidity mining, is a strategy used by cryptocurrency investors to earn high returns on their investments by providing liquidity to decentralized finance (DeFi) protocols. These protocols often offer incentives in the form of tokens to encourage users to provide liquidity to their platforms, which allows them to facilitate trades and…
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How to stake a Liquidity Pair in various PRYZ Farms
This article is intended to give step by step instruction on how to create liquidity pair and stake in PRYZ farms. As of writing this article, there are four Pools in the PRYZX farm. PRYZ-MATIC PRYZ-USDC PRYZX-MATIC PRYZX-USDC All these pools earn a PRYZX token. PRYZX is a rewards token in the PRYZ ecosystem and…
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How to Stake / Unstake from PRYZ.io Incubator Pool
PRYZ Token has provided ways for the token holders to earn passive income by investing into one or more Pool/Farms. In this article, I will show you how to stake your PRYZ tokens into the incubator Pool and how to unstake from it. How to stake PRYZ tokens into PRYZ Incubator Pool On your Dapp…
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The complexity of crypto that can be resolved enabling mass adoption
This article talks about Crypto, Decentralized Finance, Liquidus and Complexity surrounding them On October 31st, 2008 the first Whitepaper for Bitcoin was released by an anonymous person called Satoshi Nakamoto. If you look back in time, it’s barely 13 years ago. People were barely transitioning from Web 1.0 to more interactive Web 2.0. Machine learning…