What is PancakeSwap ( CAKE )?

DeFi Deep Dive - What is PancakeSwap and the CAKE Token?

PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.

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What Is Horizen ( ZEN )?

Story of Horizen | Formerly Zencash | by dada0016 | Medium

Horizen is an interoperable blockchain system, supported by a decentralized node infrastructure. Its sidechain platform focuses on scalable data privacy, and as such enables businesses as well as developers to build private or public blockchains using the unique sidechain technology known as Zendoo.

Horizen launched in May of 2017 and strives to ensure data integrity and privacy through enabling real-world use cases. Horizen claims to be completely decentralized, fully customizable with privacy features and supports low costs associated with building blockchains with configurable revenue models and unlimited number of tokens and digital assets.

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What Is Alpha Finance Lab ( ALPHA )?

Alpha Finance Lab

Alpha Finance Lab is a cross-chain DeFi platform that looks to bring alpha to users across a variety of different blockchains, including Binance Smart Chain (BSC) and Ethereum.

The platform aims to produce an ecosystem of DeFi products that address unmet needs in the industry while remaining simple to use and access. The first product built by Alpha Finance Lab is Alpha Lending, a decentralized lending protocol with algorithmically-adjusted interest rates.

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What Is Siacoin ( SC )?

10 Things You Should Know About SiaCoin

Siacoin (SC) is the native utility token of Sia, a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. Agreements and transactions are enforced with smart contracts, and Siacoin is the medium of exchange for paying for storage on the network. The main goal of the project is to become the “backbone storage layer of the internet.”

Sia was originally announced in May 2014 before being revised and re-announced a year later in May 2015. It officially launched in June 2015.

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What is HedgeTrade ( HEDG )?

What is Hedge Coin (HEDG)? - Cointral.com - Buy Bitcoin with Credit Card

Launched under the motto of championing the revolution of social trading with the help of blockchain technology, the HedgeTrade platform’s fast rise in 2019 took many in the crypto scene by surprise. As of August 2019, the currency was found among the top 50 cryptos, propelled by the promotion of the HedgeTrade decentralized application (dApp).

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What Is Quant ( QNT )?

10 Reasons To Buy QNT (Quant Network) In 2021 - Altcoin Projects - Altcoin  Buzz

Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.

The project is built as an operating system distributed ledger technology— and Overledger Network — for connecting different blockchain networks. The project is billed as the first OS to be built for blockchains.

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What Is a Non-Fungible Token ( NFT )?

Characteristics of NFTs - The Nifty Crypto Nomad

Most simply, an NFT is an entry on a blockchain, the same decentralized digital ledger technology that underlies cryptocurrencies like Bitcoin. But unlike most Bitcoin – which is fungible, meaning that one coin is essentially indistinguishable from another and equivalent in value – tokens on these blockchains are non-fungible. That means they are unique, so they can represent one-of-a-kind things, like a rare William Shatner headshot or even the title to a piece of real estate.

And because they’re unique and stored on the blockchain, they’re unquestionably authentic. That’s especially important when the asset they represent is digital. Since digital files can be copied infinitely and perfectly, it’s hard to own (or sell) a rare digital photo of Captain Kirk. An NTF token solves the riddle by proving that one digital file is the one-and-only “original.”

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