Uniswap is a decentralized exchange that sources its liquidity (liquid assets similar to cash) from users. In exchange for providing liquidity to Uniswap, anyone can earn rewards taken from fees charged per trade. The platform is the most prominent decentralized exchange in the world. Even more exciting is that back in Sep 2020, Uniswap surpassed Coinbase in daily trading volume. Given that…
Yield farming vs liquidity mining refer to providing your cryptocurrency assets as liquidity in DeFi protocols to earn additional crypto rewards. In short, both yield farming and liquidity mining are about putting your crypto to work and earn more crypto from it. Decentralized finance has locked up $50 billion in value in just under a year. The explosive growth is primarily due…
Is SushiSwap a good investment? When we take all factors into consideration, SushiSwap looks like a safe investment. The SUSHI token has been performing very well so far, and the SushiSwap partnerships give it a solid backing in the crypto ecosystem. SushiSwap was one of the most successful crypto projects of the past year, and the SUSHI token is still…
There are 3 simple ways to profit from blockchain technology: While blockchain technology isn’t a new thing anymore, mining crypto isn’t the only way to profit from it today. As the technology evolved, the practice became less profitable. Fortunately, new earning opportunities were created and there are still plenty of ways to profit from blockchain technology in 2021. Here’s how to…
Liquidity mining on Uniswap can be profitable, but there are some inherent risks attached to the practice. Liquidity mining risks such as smart contract risk, project risk and impermanent loss can endanger the funds of investors trying to earn passive income by adding liquidity to decentralized exchanges like Uniswap, so let’s find out what they’re all about. Risk #1 of…
Adding liquidity to a Uniswap pool is becoming a popular way of earning passive returns for blockchain investors. Providing liquidity to decentralized exchanges (or DEXs in short) can be profitable and earn you up to a 20% rate of interest. However, not all liquidity pools are equal – some of them are more rewarding than others, so it’s necessary to…
What is a Bitcoin faucet? The original idea behind them is very simple: get a very small amount of BTC for free and spread the word about Bitcoin to reach the masses. People who know how to pick the most profitable faucets are able to accumulate enough BTC to get them started in the crypto ecosystem (with a little bit…
Hello everyone! A couple of days ago we launched a Q&A challenge where you could ask us anything about wolf.bet, as a result we launched a video going through the most asked questions. The people who got their questions answered got $10 worth of balance on our site as a reward for the interest demonstrated. Question 1 – Where do we see ourselves…
