Defi Ethereum, Chainbeat, Tally, Opium, Dune Analytics, and More
Defi Ethereum Aprilvigna Streetjournal is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.
Today, billions of people around the world aren’t granted access to banking or other financial services. DeFi can help them do all sorts of things from paying their bills to renting a storage locker or an electric scooter.
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Defi Wallets
Defi wallets are a great way to store your cryptocurrency assets without being tied to a central exchange. These are non-custodial, meaning they’re only accessible by a seed phrase or private key (the equivalent of a password).
Some DeFi wallets also support token swapping, allowing you to transfer your holdings from one blockchain network to another using cross-chain bridge protocols.
To secure your wallet, it is important to use a passcode and two-factor authentication. A passcode requires a six-digit code that refreshes every 30 seconds, while two-factor authentication means you must provide an extra layer of security by providing a unique, one-time-use recovery phrase of 12, 18, or 24 words.
Chainbeat
Chainbeat is a blockchain analytics platform that offers real-time data insights and features. Its custom reports and real-time alerts help users engage with their user base at the right time.
Its bespoke dashboards are intuitive to use and provide comprehensive cross-blockchain analysis. Its export feature makes it easy to slice and dice your data off-chain using any BI tool.
Chainbeat also has a handful of cool-looking graphs and charts that are sure to impress. They include the one of a kind Wallet of the Week dashboard and a multi-token dashboard that highlights multiple tokens at a time. The best part is, Chainbeat has a surprisingly affordable price tag. Its free tier allows you to get started with unlimited alerts and custom reports. Its ad-free experience makes it the perfect choice for small and medium businesses. Its features are designed to be robust and scalable enough to handle a high volume of data without compromising on quality or functionality.
DeBank
DeBank has to be the most hyped decentralized wallet on the block and it’s no wonder: the team is a defiphile (sorry, I’m a pragmatist). On top of its many features, it’s an exemplary example of how smart contracts are enabling decentralization and a new breed of decentralized lenders. A slew of high-profile partnerships has also been announced. It’s the best way to keep tabs on all that ether. ethereum has been in the news for a while now and the company’s founders have a hefty wallet.
Dune Analytics
Dune Analytics is a data platform that lets crypto-asset analysts and investors query, extract, and visualize blockchain data. It works with a standard PostgreSQL query language, and it’s easy enough for even novice users to write their own queries.
It’s a great way to research specific projects, such as NFTs or DeFi platforms. It also provides a way for people to create and publish dashboards that can be viewed by others.
In addition to its database, Dune also offers dataset explorers that let you browse smart contracts, events, and calls! With their latest engine upgrade, you can now query across multiple chains.
Tally
Tally is a debt management app that offers a line of credit for users after it analyzes their credit card profiles. This enables users to save on interest charges.
Tally also has a late fee protection program, which prevents users from incurring late fees on their credit cards. However, this feature is only available to users who make consistent payments.
Tally also offers a personal line of credit that allows you to pay off your existing credit card balances. This saves you money on interest rates, but it comes with a hefty monthly fee.
Opium Insurance
Opium Insurance is one of the latest fads in the decentralized finance world. The protocol aims to take some of the guesswork out of risk management by offering insurance a la carte, akin to the traditional insurance industry but on a much larger scale. The gizmo in question is a tradable, customizable insurance token, funded by pooled liquidity. It has a number of gimmicks to brag about, including a cleverly branded “no-fee” insurance model that offers the most bang for your buck. It also has a slick mobile app that offers a suite of features to make your life a little easier. The company is still in the early stages of development, but has a promising future ahead of it. It recently raised more than $3 million in venture capital funding in October. Its current slate of projects includes a mobile app and a series of “no-fee” insurance products that will be launched later this year.
Nexus Mutual
Nexus Mutual is a blockchain-based insurance company that aims to disrupt the traditional insurance business model. Its products are community-based and include risk-sharing pools, smart contract cover, and decentralized financials.
Its members own the native NXM token and can influence protocol-specific cover rates, vote in claim processing, propose and vote on protocol governance, and participate in membership actions. They can also stake NXM for a share of the pool funds.
The project aims to bring decentralized insurance to the Ethereum network and has a strong focus on smart contract cover. Its Smart Contract Cover protects users against smart contract vulnerabilities and guarantees a payout in ETH or DAI should a bug be discovered.
Harbor
Defi Ethereum Aprilvigna Streetjournal is a decentralized financial platform that doesn’t need intermediaries. Instead, transactions are carried out by smart contracts. This gives users more control over their money and reduces the risk of fraud.
In the April Vigna Street Journal podcast, Paul Vigna explained that there was a major update to Ethereum’s infrastructure. This was aimed at reducing the network’s energy consumption and speeding up transactions.
Harbor is a CNCF graduate project that extends Docker Distribution and adds a number of useful functionalities. It supports LDAP/AD integration, provides role-based access control to projects, and helps you secure your images by ensuring their authenticity with Docker Notary.
Moreover, Harbor has an easy-to-use interface that makes it quick and simple to manage your repository. It also allows you to sync images between repositories and promote them through different deployment stages.
Polymarket
Polymarket is a decentralized prediction market platform that offers a non-custodial method of aggregating public opinion on future events. The platform is built on the Ethereum network using Layer-2 technology.
It lets users stake tokens on predictions about upcoming events and earn crypto for their correct insights. These predictions could be in the form of current events like elections, sports games, global economic indicators, and more.
CFTC enforcement action in January found that Polymarket was operating an unregistered binary options contract market and failed to comply with federal law and CFTC regulations. The firm is now required to pay a $1.4 million fine, wind down markets that aren’t in compliance, and allow users to recoup their funds.
