- 1 Overview of DeFi Gold
- 2 How Does Synthetix Work?
- 3 Want Daily DFGL Price Updates?
- 4 What do you think about the DeFi Gold today?
- 5 What is Asset Tokentization?
- 6 What Is Curve Finance?
- 7 What is DeFiFi?
- 8 What Is Liquidity Mining?
- 9 What Is Polygon (Matic) and How Can It Save Ethereum?
- 10 What Is Synthetix and How Does It Work?
- 11 What Is Synthetix?
- 12 What’s Happening?
- 13 With 8 million Americans out of work, why are more companies not filling jobs?
- 14 History of DeFi Gold
Overview of DeFi Gold
How Does Synthetix Work?
Synths use decentralized oracles, which are smart contract-based price discovery protocols, to track the prices of the assets represented, allowing you to hold and exchange Synths as if you actually own the underlying assets.In this manner, Synths provide exposure to assets normally inaccessible to the average crypto investor — gold and silver, for example — and lets you trade them quickly and efficiently.Synths are different from tokenized commodities, such as Paxos’ PAX Gold (PAXG), which is backed by gold bars.Owning PAXG means that you own the underlying gold and that Paxos holds it for you, whereas owning Synthetix’s sXAU means that you do not own the underlying asset – you merely have exposure to the price of gold.
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What is Asset Tokentization?
Asset tokenization refers to the act of turning the ownership of a real-world asset into a digital token.This can be done in various ways, but all result in the legally-upheld bridge between the physical asset and its representative token.
What Is Curve Finance?
Curve Finance is a leading DeFi DEX focused on stablecoins that provides low fees, impermanent loss, and minimal slippage rates.
What is DeFiFi?
Imagine the creation of a decentralized film fund, in which financiers all hold a stake in the success of films that are produced by the platform.Using blockchain technology and decentralization, creators could present their projects to the community, which would vote on what films receive funding.The winning projects would be granted the financing they need from community-managed funds.
What Is Liquidity Mining?
The DeFi craze of 2020 brought an entirely new way of earning passive income, completely redefining the traditional concept of mining.Liquidity mining, otherwise known as yield farming, represents a new way of utilizing cryptocurrencies by providing liquidity to decentralized exchanges.
What Is Polygon (Matic) and How Can It Save Ethereum?
Polygon, previously known as Matic Network, is a scalability solution for the Ethereum network that is back on track to saving the second-largest cryptocurrency.
What Is Synthetix and How Does It Work?
Synthetix is an Ethereum-based protocol for the issuance of synthetic assets.Analogous to derivatives in legacy finance, synthetic assets are financial instruments in the form of ERC-20 smart contracts known as “Synths” that track and provide the returns of another asset without requiring you to hold that asset.
What Is Synthetix?
Synthetix is an Ethereum-based protocol for the issuance of synthetic assets.Analogous to derivatives in legacy finance, synthetic assets are financial instruments in the form of ERC-20 smart contracts known as “Synths” that track and provide the returns of another asset without requiring you to hold that asset.You can trade Synths — which range from cryptocurrencies, indexes, inverses, and real-world assets like gold — on Kwenta, Synthetix’s decentralized exchange (DEX).Synthetix’s native token, the Synthetix Network Token (SNX), is used to provide collateral against Synths that are issued.
Binance Smart Chain’s FIRST EVER gold & silver backed tokens are coming to Value DeFi via Ainslie Bullion’s Gold and Silver Standard, made possible by OpenDAO.
With 8 million Americans out of work, why are more companies not filling jobs?
SAN FRANCISCO/WASHINGTON (Reuters) -As the economy revs up to meet the rapacious demand of tens of millions of newly vaccinated Americans, employers say they cannot fill their yawning need for labor.Take Alex Washut.In January he mapped out hiring plans for his two breakfast and lunch eateries in western Massachusetts and figured he'd need to hire 20 new cooks, servers, dishwashers and other staff by May.He has doubled wages in some cases but has managed to hire only five; most of the time, he said, job candidates never even show for their interviews.