What is a Vampire Attack? SushiSwap Saga Explained

So what is a vampire attack? And how was SushiSwap able to use a vampire attack to  attract over $1B of liquidity in less than a week? You’ll find answers to these questions in this article. Before we start, if you’re new to DeFi, you may want to read my […]

What are Yearn Vaults? ETH Vault Explained

Introduction So what are Yearn Vaults all about? Also, how does the ETH Vault work under the hood and how can it bring over 60% returns?  We’ll go through all of this in this article. Yearn Vaults Okay, one more thing before we start. If you’re new to the Yearn […]

Yearn Finance And YFI Token Explained

Introduction Confused about how Yearn Finance works? And what is the YFI token all about? You’ll find out all of this and more in this article. Yearn Okay, let’s start with what Yearn Finance is all about.  The main element of Yearn Finance is the Yearn protocol. The Yearn protocol, […]

What is Impermanent Loss? DEFI Explained

Impermanent Loss Have you ever provided liquidity to a liquidity pool just to realise that some of your coins have gone missing? In this article, we’ll learn what “impermanent loss” is and how it can affect liquidity providers’ profits. In essence, impermanent loss is a temporary loss of funds occurring […]

Meteoric Rise and Fall of YAM

Introduction – The YAM Protocol So what is the story behind YAM, a defi protocol that attracted $600M of capital and ceased to exist in less than 48 hours? Let’s start with what Yam protocol was all about. Yam, a protocol built as a monetary experiment, combined some of the […]

How does Ampleforth work? AMPL Explained

Intro What is Ampleforth? How does it work under the hood and why do the number of my AMPL tokens keep changing every day? You’ll find answers to these questions in this article. What is Ampleforth? Okay, so what is Ampleforth all about? Ampleforth, in essence, is a new cryptocurrency […]

How Do Liquidity Pools Work? DeFi Explained

Intro What are Liquidity Pools? How do they work? And why do we even need them in decentralized finance? Also, what are the differences between liquidity pools across different protocols such as Uniswap, Balancer or Curve? We’ll be going through all of this in this article. Before we start, if […]

What Is Yield Farming? DeFi Explained

Intro Yield Farming is now one of the hottest topics in decentralized finance and there is a high chance you may have already heard something about insane returns that some of the yield farmers are making. So what is yield farming? How did it all start? What are some of […]