DeFi Defied: Five Key Benefits The COV Token Will Bring To Covesting

DeFi Defied: Five Key Benefits The COV Token Will Bring To Covesting

In the ever-evolving crypto market that never sleeps, new trends and coins are popping up every passing day. The recent decentralized finance explosion has only hastened the pace at which fly-by-night coins are being created.At the same time, however, the booming bandwagon has also shed light on long-time projects coming out swinging with new life […]

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Sushiswap Community Votes on New Protocol Changes; Uniswap Catches Up

Sushiswap Community Votes on New Protocol Changes; Uniswap Catches Up

Sushiswap took the crypto world by storm two weeks ago with its market capitalization surging to a high of more than $1.4 billion, usurping the market’s largest decentralized exchange Uniswap then in the span of a few days. It rode on the immense success Uniswap achieved, then added its own twist by offering larger pools […]

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Sushiswap’s 2 Million Token Airdrop: Founders Face Accusations of ‘Making Defi a Joke Again’

Sushiswap’s 2 Million Token Airdrop: Founders Face Accusations of ‘Making Defi a Joke Again’

Sushiswap’s new leader and FTX CEO Sam Bankman-Fried tweeted on September 12 that the promised 2 million token airdrop would go on as scheduled. The process was expected to last up to two hours or less depending on network congestion. The airdrop caps an eventful week for Sushiswap that started with the reported ‘exit scam’ […]

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LINK & BCH Lose Their Spots on Ranking List; BNB & DOT Take Over!

LINK & BCH Lose Their Spots on Ranking List; BNB & DOT Take Over!

It was not too long ago when top DeFi token by market capitalization, Chainlink (LINK), overtook not only Cardano (ADA) and Bitcoin Cash (BCH) in sixth and fifth positions respectively to place fifth on the Top 100 cryptocurrency tokens list. LINK has experienced consistent growth throughout the year and remained unfazed even through last week’s […]

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Trading DeFi’s Governance Tokens May Be Tempting, But There’re Certain Risks

Trading DeFi’s Governance Tokens May Be Tempting, But There’re Certain Risks

Unlike the traditional financial system where almost-zero interest rates are being offered to investors, the exuberant annual percentage yields (APY) offered by many DeFi projects are what brought investors to the yield farming valley. Uniswap is inarguably the pioneer of decentralized exchanges (DEXs) as it caught investors’ attention with high returns for liquidity providers. The […]

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