DeFi brought in a new way of earning passive income through liquidity provision. In fact, a liquidity provider earns from liquidity mining, also called yield farming. This is because decentralized exchanges require liquidity in order to meet their mandate of converting one cryptocurrency to another.
Author: Mashell Chapeyama
Mashell Chapeyama
I am Mashell Chapeyama, a crypto writer, analyst, and researcher. My burning interest in cryptocurrencies and the blockchain compels me to share the knowledge I have gained over the past 10 years with all other crypto enthusiasts around the world.
In a move that analysts have not yet explained, Ripple DLT and some top exchanges in the United States have shifted over 120 million XRP to some known and unknown destinations. Ripple DLT and the involved exchanges have not yet given a reason for the transactions.
Samsung becomes the latest big company to embrace cryptocurrencies in its products and business model. This follows its announcement to add Ledger Wallet Service on its Galaxy smartphones.
Being rational, human beings always look for the greatest benefits from what they do. This principle also applies to crypto trading. All other things being the same, traders opt for exchanges with the lowest transaction fees.