Yield

Tempus Unveils ETH 2.0 Fixed Rate Staking

Source Node: https://beincrypto.com/tempus-unveils-eth-2-0-fixed-rate-staking/
Time Stamp: August 5, 2021 7:22 AM - Modified On: August 5, 2021 - Published By:
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Republished By Plato

Decentralized finance (DeFi) platform Tempus has announced a new staking method for Ethereum 2.0 which enables users to access a fixed-rate yield.Sponsored Sponsored In a blog post on Aug 4, Tempus founder David Garai explained that users can optimize their existing exposure to variable ETH 2.0 staking yields including the ability to get a fixed yield. Tempus is an open-source protocol that allows users to optimize their existing exposure to variable yield to better match their risk profile. It completed a $1.9 million seed round in mid-July.Sponsored Sponsored Fixed yields

Nugenesis Ecosystems – Upholding the Principles of Monotheism Financial Practices, Paving the Way for Future Application of Islamic and Non-usury Banking

Source Node: https://themerkle.com/nugenesis-ecosystems-upholding-the-principles-of-monotheism-financial-practices-paving-the-way-for-future-application-of-islamic-and-non-usury-banking/
Time Stamp: July 19, 2021 6:38 PM - Modified On: July 19, 2021 - Published By:
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Republished By Plato

Islamic scholars have long had major issues with whether cryptocurrency is permissible, and is it equal or more appropriate to Islamic finance than Fiat?All Monotheism religions have strict rules around finance, and it historically defines currency as commodities with intrinsic value — gold, silver, metals, tradable products, etc.Some may argue that government-issued fiat currencies do not have any intrinsic value and may be incompatible with a careful interpretation of Sharia law. This would pose a problem for the burgeoning Islamic finance industry, which aims to produce financial returns in compliance

Flare Network Review: Smart Contract Network For XRP

Source Node: https://www.coinbureau.com/review/flare-spark-flr/
Time Stamp: December 26, 2020 11:08 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As the third largest cryptocurrency most people familiar with the space have heard about Ripple and they understand that it is a global payment and foreign exchange network that was designed to replace the outdated SWIFT banking network. And while it works great for that specific use case, otherwise it has shown limited usefulness in other functions.That might all be fixed however as the Flare Network has been created with the goal of improving the utility of XRP tokens by creating a network with smart contract capability for the XRP

Ethereum Developers Claim 2.0 Launch Went ‘Smooth’ Despite Validator Slashings

Source Node: https://beincrypto.com/ethereum-developers-claim-2-0-launch-went-smooth-despite-validator-slashings/
Time Stamp: December 14, 2020 3:16 AM - Modified On: May 21, 2021 - Published By:
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The latest update from the team working on Phase 0 of the ETH 2.0 upgrade has praised the smooth launch of the new blockchain which was only marred by a number of validators getting ‘slashed.’ It has now been two weeks since Beacon Chain went live heralding in a new era for Ethereum as the Serenity upgrade gets underway. The launch has been a rather eventless affair, which is good news as confirmed by ConsenSys developer Ben Edgington in his latest ETH 2.0 update. “It’s been a wonderfully dull eleven

Kraken Exchange Now Allows Users to Stake ETH on Its Platform

Source Node: https://beincrypto.com/kraken-exchange-now-allows-users-to-stake-eth-on-its-platform/
Time Stamp: December 4, 2020 3:14 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Kraken, the online cryptocurrency exchange, has announced that it has enabled the ability for its users to stake ETH via the new ETH 2.0 Beacon Chain directly on the exchange. As far as major cryptocurrency exchanges go, Kraken appears to be one of the first to announce the opportunity for its users. At press time, Kraken had recently enabled the staking ability, marking a major step in the continued growth of ETH 2.0. A Win for the “Small” ETH Holder Kraken will be allowing ETH users of all sizes to

Yearn Finance’s YFI Token Hits Five Figures, Closing in on BTC Price

Source Node: https://beincrypto.com/yearn-finances-yfi-token-hits-five-figures-closing-in-on-btc-price/
Time Stamp: August 19, 2020 3:10 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As DeFi tokens continue to lead crypto markets ever higher, some such as Yearn Finance’s YFI token are making monumental gains, but is it all for the whales only? With a very limited supply of just 30,000 tokens, demand for YFI is palpable. A single token now costs almost as much as one BTC and it does not seem to be slowing down. The high-flying token is the basis of the Ethereum-based DeFi yield aggregator Yearn.Finance, which allows users to maximize returns and earn interest on crypto collateral while saving

Ham to Improve on Yam With Latest DeFi Experiment

Source Node: https://beincrypto.com/ham-to-improve-on-yam-with-latest-defi-experiment/
Time Stamp: August 18, 2020 1:13 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Yam yield farming frenzy that took DeFi by storm last week highlighted a number of elements that could have been improved with the launch. A new offering called Ham aims to right the wrongs and improve on Yam with a truly community-driven project. There were several flaws with the Yam launch, but the ultimate reason was that it had to be rescued by whales. This pretty much negates any progress made on the path to becoming a truly democratic and community-governed monetary system. A migration plan proposed late last

Bitcoin and Gold Short-Lived Correlation Not a Sign of Comparability

Source Node: https://cointelegraph.com/news/bitcoin-and-gold-short-lived-correlation-not-a-sign-of-comparability
Time Stamp: August 18, 2020 10:30 AM - Modified On: May 21, 2021 - Published By:
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The Bitcoin (BTC) and gold one-month correlation reached a record high of 68% as Bitcoin hit $12,000 early in August, but the correlation crashed by 20% the following week. Despite this, Bitcoin looks set to become digital gold in 2020 considering the price correlations and trends in the futures market.Both gold and Bitcoin are having a phenomenal year in terms of year-to-date returns. According to Skew Analytics, gold has a 27.93% YTD return, while Bitcoin has racked up a 71.68% YTD yield. Although Bitcoin sees much higher volatility than gold,