Exchange-traded funds (ETFs) are a common investment tool that track the price of an index, commodity or any other asset enabling investors to trade these assets on traditional exchanges. This

In 2008, a pseudonymous user under the name Satoshi Nakamoto released a paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” on small Internet forums. The paper outlined a novel peer-to-peer

For a while there was no decentralized finance (DeFi) or crypto per se, but just Bitcoin. Acknowledged as the first blockchain protocol, Bitcoin allowed for the permissionless transfer of BTC

IntroductionFractional reserve banking is a system whereby banks are required to keep only a portion of the money deposited with them as reserves, that is, available for immediate withdrawals. Banks

A central part of the design of any crypto project is its token economics. Tokenomics (short for “token economics”) outline the logic of distribution and future supply of the token.

IntroductionUntil recently most projects in decentralized finance (DeFi) have focused on implementing conventional financial processes on the blockchain, whether that be lending, borrowing or saving. Projects such as Compound and

Money is an economic unit that has taken on various forms throughout history but has generally served three main functions: store of value, unit of account, and medium of exchange.

Decentralized oracles help connect off-chain external data and APIs with sovereign blockchains. In other words, blockchain oracles provide a framework for smart contracts to access data that is not deterministic

Crypto markets are known to be quite volatile. Rapid price movements can often be explained by the lack of liquidity; however, another common explanation for drastic fluctuations are flash crashes.

In traditional finance, options are a type of derivative product that allows investors to transact financial instruments such as indices at a predetermined price during a set period of time.

Consensus MechanismsSince the publication of the Bitcoin Whitepaper, which was the first to propose Proof-of-Work as a consensus mechanism, a series of novel approaches have been introduced. These new consensus