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Today at Nextrope Blog

The most comprehensive blog about Web3 and Blockchain, handing you the ability to see the world as it changes.

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DeFi and the Future of Finance:...

Decentralized Finance, commonly known as DeFi, is transforming the financial landscape in unprecedented ways. By eliminating intermediaries and harnessing the power of blockchain technology, DeFi offers a revolutionary approach to conducting financial transactions. From lending and borrowing to insurance and asset management, DeFi platforms are democratizing access to financial services and fostering a new era […]

  • Decentralised Finance
5 min Read
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The Benefits and Risks of Yield...

In the cryptocurrency industry, Decentralized Finance (DeFi) has risen as a transformative power, allowing people to engage in various financial activities without requiring intermediaries. Yield Farming, a notable DeFi feature, has captured significant interest and popularity in recent years. It presents the opportunity for investors to earn considerable returns by supplying liquidity to decentralized protocols. […]

  • Decentralised Finance
5 min Read
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What is KYC and how does...

KYC, the “Know Your Customer” rule, is a common method of user verification in connection with the start of said users use of financial services. KYC is the norm in cryptocurrencies and financial law, as professionals are required to make every effort to verify the identity, relevance and risk of maintaining business relationships with the […]

  • Business
  • Decentralised Finance
  • Education
5 min Read
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ERC721 vs. ERC721A

Technology can be a great solution for many businesses and companies. Unfortunately, one of the unfortunate side effects is the amount of various technical jargon, which may be unintelligible to the average person. For the end-user, NFT often means little more than a decentralized collectors’ item or a work of digital art. You can enjoy […]

  • Blockchain
  • Decentralised Finance
  • Fintech
5 min Read
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What is an Initial Dex Offering...

The development of the cryptocurrency industry and IDO is progressing every year. Thanks to this, new ways of raising funds appear frequently. Initial Dex Offering is one such form. This is one of several ways to raise funds for crypto projects. It is worth noting that the first approach to raising funds for a project’s […]

  • Blockchain
  • Crowdfunding
  • Decentralised Finance
  • DeFi apps
5 min Read
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DEX vs CEX: Choosing the Best...

What are the differences between DEX and CEX? Which one suits your needs and business assumptions best? Read this article before you make that crucial decision. In the article you learn about: Different types of crypto exchanges What is a centralized exchange? Pros and cons of centralized exchanges How does decentralized exchange work? Liquidity pools […]

  • Decentralised Finance
  • Decentralized exchanges
5 min Read
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How to use liquidity pools in...

Recently we summed up all you need to know about Automatic Market Makers. Get to know their key element- liquidity pools. How do they work and what do you need to know before you decide to implement them into your decentralized exchange?  What will you find in the article? Definition Liquidity pools are digital assets […]

  • Decentralised Finance
  • Decentralized exchanges
5 min Read
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DeFi trends in 2021 that you...

DeFi has seen a gigantic growth of nearly 1000% in 2020, and as decentralized finance continues to gain popularity, this number continues to grow. What DeFi trends will be crucial this year? By the end of last year, the total value locked up in DeFi had managed to exceed $26 billion. By comparison, just a […]

  • Decentralised Finance
5 min Read
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DeFi – why finance needs decentralization?

What is DeFi? In what ways is it better than traditional financial solutions? DeFi stands for “decentralized finance”. It is an umbrella term used to describe the various financial applications of Blockchain technology aimed at pushing financial intermediaries away. Blockchain allows multiple entities to store copies of transaction history, removing it from the control of […]

  • Blockchain
  • Decentralised Finance
  • DeFi apps
5 min Read