“dApp” is short for “decentralized application”. To understand what we mean by this, let’s first define what ‘application’ means in this context. A web or mobile application is simply data and code that you can interact with via your browser or phone. Facebook, Twitter, Venmo and Siri are all examples of applications. Applications always used
NFT giveaway with unlimited access to Skytale‘s Premium service for 15 lucky liquidity miners! At Skytale, we know how difficult it is to keep track of your investments. That’s why we are passionate about providing you with data analysis that enables you to make better informed decisions. Skytale‘s dashboard aggregates and tracks your crypto assets
Today’s post is about yield farming, one of the most important concepts in DeFi. Until about three years ago, you could not do very much with crypto other than HODL it or trade it. People from traditional finance often pointed out that unlike shares (which offered dividends), crypto gave no return. The only strategy was
DeFi is full of technical words and phrases, either derived from the financial sector or from computer science. Once we figure out what these mean, the underlying concepts are easier to understand. Maximal Extractable Value (MEV) is one of those terms. Today we’ll take a look at a term that is exclusive to blockchain tech
The growth of the DeFi sector, the popularity of NFTs and higher adoption in general has caused Ethereum’s transaction fees and confirmation time to skyrocket. Some important changes are coming to Ethereum and they will address these issues. On the anniversary of the Beacon chain launch last month, Vitalik Buterin tweeted something that sparked a
Uncensored transactions are essential for a free society, however, for the purposes of this post, let’s focus on the issue of crypto taxation. When Bitcoin was created, very few officials in government understood cryptocurrency as a consequence crypto taxation was not even a thing. Moreover the number of people using Bitcoin was so small that
Staking is a popular way to make passive income from crypto. We explain different types of staking and how to do it People hold cryptocurrencies for different reasons: as a hedge against inflation of fiat currencies for ideological reasons because they believe in decentralization because they need the underlying token for a specific purpose because
Web3 technologies have the potential to change the world. This article will introduce you to some of the basic concepts underlying this exciting new evolution. The evolution of DeFi has been fast and it’s still happening. As a matter of fact the DeFi ecosystem has risen rapidly, attracting investors who require access to a broad
Token airdrops have an important role to play in the Web3 ecosystem – and Skytale can help you maximise their value. Token airdrops have been hitting the crypto headlines for some time now – and with good reason. DeFi projects have often rewarded early adopters of their services by introducing tokenomics and distributing their tokens
2021 has been a rollercoaster year for digital assets, with both Bitcoin and Ethereum reaching all-time highs, Visa announcing settlement with stablecoins and many more individuals and companies deciding to invest in cryptocurrencies and non-fungible tokens. It has also been a watershed year for us here at Skytale. On May 11 we announced the release
