Is it better than our Traditional Banks? — What is Compound Finance? Compound Finance is an algorithmic, open-source protocol that allows the creation of money markets on the ethereum blockchain. The Compound Protocol is an Ethereum smart contract for supplying or borrowing assets. Through the cToken contracts, accounts on the blockchain supply capital (Ether or ERC-20 tokens) to…

All you need to know about Uniswap Pool. What is Uniswap Pool? Uniswap pool is an ethereum based protocol it has been designed to facilitate automatic digital asset exchange between ETH and ERC20 tokens. It is a decentralized exchange built on Ethereum that utilizes an automated market making system rather than traditional order-book. Instead…

Is it a modern bank? Decentralized Finance or DeFi is an open financial ecosystem where we can build various small finance tools and services in a decentralized manner. We can more specifically say the term decentralized finance may refer to a movement that aims to create an open — sources…