Founder, Shrimpy

Michael McCarty

Founder

Shrimpy

Shrimpy develops the most advanced APIs for crypto exchange management, trade execution, and real-time data collection.

Develops the Most Advanced APIs

Crypto

Kyber Network is a multi-chain hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to deep liquidity pools that provide the best rates.

<ul><li>What is Kyber Network and how does it work?</li><li>The relatively old protocol might not be the most popular option with its meager $15 million TVL, but future updates have the potential to turn Kyber into a liquidity hub for the entire DeFi market.</li><li>There are almost too many decentralized exchanges in <a href="https://blog.shrimpy.io/blog/what-is-defi-guide-to-decentralized-finance" target="_blank" rel="noopener">DeFi</a>, which contributes to a rising problem of liquidity balkanization.</li></ul>

What is Kyber Network and how does it work?The relatively old protocol might not be the most popular option with its meager $15 million TVL, but future updates have the potential to turn Kyber into a liquidity hub for the entire DeFi market.There are almost too many decentralized exchanges in DeFi, which contributes to a rising problem of liquidity balkanization.

What Is Kyber Network and How Does It Work?

As of recently, Binance Smart Chain’s elusive PancakeSwap became quite popular among DeFi investors, reaching a level where it competes against traditional DEX options like Uniswap and SushiSwap.Did PancakeSwap rightfully earn its fame and if so, how?<a href="https://pancakeswap.finance/" target="_blank" rel="noopener">PancakeSwap</a> is a decentralized exchange on <a href="https://www.binance.org/en/smartChain" target="_blank" rel="noopener">Binance Smart Chain</a>, one of Ethereum's top competitors.

As of recently, Binance Smart Chain’s elusive PancakeSwap became quite popular among DeFi investors, reaching a level where it competes against traditional DEX options like Uniswap and SushiSwap.Did PancakeSwap rightfully earn its fame and if so, how?PancakeSwap is a decentralized exchange on Binance Smart Chain, one of Ethereum's top competitors.

What Is Pancakeswap? Binance Smart Chain DEX Explained

<ul><li>Rocket Pool is undoubtedly the most popular name in the arena of Ethereum 2.0 staking pools, but how does it work and is it secure enough for beginners?</li><li>Ethereum 2.0 is here, and everyone is now interested in making profits from their existing crypto assets by staking.</li><li><a href="https://blog.shrimpy.io/blog/what-is-ethereum-20-and-why-does-it-matter" target="_blank" rel="noopener">Ethereum 2.0</a> is here, and everyone is now interested in making profits from their existing crypto assets by staking.</li></ul>

Rocket Pool is undoubtedly the most popular name in the arena of Ethereum 2.0 staking pools, but how does it work and is it secure enough for beginners?Ethereum 2.0 is here, and everyone is now interested in making profits from their existing crypto assets by staking.Ethereum 2.0 is here, and everyone is now interested in making profits from their existing crypto assets by staking.

What Is Rocket Pool and How Does It Work?

<ul><li>Are NFTs more than just pictures issued on a blockchain?</li><li>There must be surely something more to non-fungible tokens, given that one sold for $69 million last week. Not an avid reader? That’s fine.</li><li>You can also learn about NFTs in video format! Non-fungible tokens (NFTs) have, for better or worse, expanded into new territory: mainstream circles.</li></ul>

Are NFTs more than just pictures issued on a blockchain?There must be surely something more to non-fungible tokens, given that one sold for $69 million last week. Not an avid reader? That’s fine.You can also learn about NFTs in video format! Non-fungible tokens (NFTs) have, for better or worse, expanded into new territory: mainstream circles.

What Is an NFT and Why Are Some Sold for Millions?

The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC.

<ul><li>Even if the Tether FUD is only typical FUD, we still have to search for other healthy alternatives that help investors with hedging against the market.</li><li>For some, algorithmic stablecoins are the best option and one popular project that stands out is Frax Finance.</li><li>Without a shadow of a doubt, stablecoins are the most boring type of cryptocurrencies.</li></ul>

Even if the Tether FUD is only typical FUD, we still have to search for other healthy alternatives that help investors with hedging against the market.For some, algorithmic stablecoins are the best option and one popular project that stands out is Frax Finance.Without a shadow of a doubt, stablecoins are the most boring type of cryptocurrencies.