What Is Decentralized Finance (DeFi) and How Does It Work?
Reading Time: 5 minutes What Is Decentralized Finance (DeFi)? DeFi is the short form of Decentralized Finance. It allows participants to conduct financial dealings directly, eliminating middlemen. With the DeFi policy, it’s easy to…
Bolide.fi is Now Available on Polygon!
Reading Time: 3 minutes Today we’re thrilled to announce the launch of Bolide.fi on Polygon, establishing the first Automated Leverage Lending DeFi strategy on the Polygon network and kicking off the expansion of the Bolide ecosystem.
What is staking in crypto?
Reading Time: 6 minutes Crypto staking is a way of earning passive income, and it is the crypto world’s equivalent of earning interest or dividends while holding onto your underlying assets.
Tokenomics 101: Understanding the Key Elements and Models
Reading Time: 4 minutes Tokenomics, as scary as it sounds, is essentially all about designing and distributing tokens within a cryptocurrency ecosystem. Think of it like cooking a large pizza🍕 – the toppings (or utility) and the way you slice it up (or distribution) can make all the difference in how many people would be up for a slice.
￼Bolide Finance Integrates Chainlink Price Feeds To Help Power Algorithmic Trading Strategies
Reading Time: 3 minutes We’re excited to announce that Bolide Finance—a decentralized yield aggregator providing users with access to market-leading yields—has integrated Chainlink Price Feeds on BNB Chain mainnet.
Protecting Your Investments from the Dark Side of Decentralisation
Reading Time: 4 minutes However, with great rewards come great risks, and investors need to be aware of the potential dangers of Defi and how to protect their investments from the dark side of decentralisation.
Polygon and Ethereum cross-chain deposits are now live!
Reading Time: 2 minutes A cross-chain protocol acts as a blockchain bridge, enabling interoperability between unrelated blockchain ecosystems. To elaborate, consider a scenario where you want to access DeFi services, but only have Bitcoin in your wallet. Unfortunately, most DeFi services are built on Ethereum, making Bitcoin unusable. You would have to use an exchange to convert your Bitcoin to ERC20, which is expensive, inconvenient, and time-consuming, ultimately leaving you reliant on the exchange.
What are dApps?
Reading Time: 4 minutes Decentralised apps provide users with unique ways to manage their personal finance.
Maximize Your APYs With Bolide’s New Boosting v2
Reading Time: 2 minutes Innovation never stops at Bolide, and we’re constantly working on new features and token utilities for our users, and this time is no different. Our new offer – Boosting 2.0, means you can now increase your vault APY by depositing BLID – the more you deposit, the higher APY you’ll get!
A Brief Guide To The DeFi Challenges And Benefits
Reading Time: 4 minutes The onset of finance and monetary control was followed by rapid globalisation and industrialisation as human needs evolved. Initially, finance systems like DeFi or cryptocurrency investments did not hold a…