Cryptonomics

Cryptonomics: What Are Non-Fungible Tokens (NFTs)

NFTs are witnessing growing speculation among NFT fans, leaving NFTS on track to be a massive industry in the future; collectible assets like CryptoKitties and CryptoPunks have proven the potential in the past.

Cryptonomics: What Is The BNB Token

BNB went from being just a utility token for use on the Binance exchange to fueling the whole Binance ecosystem.

Cryptonomics: How To Work The Binance Bridge

As blockchain technology and adoption advances, the need for cooperation and interoperation between different platforms is ever more necessary. Token bridges will be an essential way of networking the different blockchains.

Cryptonomics: What Is A Decentralized Autonomous Organization (DAO)

Decentralized Autonomous Organizations (DAO) describe a set of rules that govern a network in a decentralized fashion while providing incentives for participants in the consensus.

Cryptonomics: What Are Hardware Wallets

If you own crypto assets, then perhaps the safest bet is safekeeping them in cold storage or hardware wallets

Cryptonomics: What Is Tether (USDT)

Tether (USDT) maintains the worlds’ biggest stable coin reserve, maintaining its position of being the third most valuable coin with over $66 Billion in market capitalization.

Cryptonomics: What is Blockchain Security

The blockchain is the core of the cryptocurrency and digital era, for, without it, there would be tons of discrepancies and security flaws within transactions.

Cryptonomics: What Is Yield Farming

Stated simply, to yield-farm in cryptocurrency you must handover custody of your crypto assets to a particular De-Fi platform

Cryptonomics: What Are Elastic Supply Tokens

Rebase tokens seek to incorporate commodity-like market features through the unique  rebase mechanics used to enforce a stable peg price while maintaining scarcity.

Cryptonomics: What Are Wrapped Tokens

Wrapped tokens are tokenized versions of a cryptocurrency hosted on another blockchain representing the real-time underlying asset’s value.

Cryptonomics: What Are Initial Farm Offerings

Initial Farm Offerings (IFO) are a new type of token sale event popularized by Decentralized Exchange (DEX) platforms, IFO's are utilized as a fundraising event for upcoming De-Fi protocols. 

Cryptonomics: What are Automated Market Makers

Decentralized exchanges (DEX’s) have continued to expand, and automated market makers (AMM’s) have been the primary technology adopted due to its ease of use and proven decentralized system.

Cryptonomics: What Is Impermanent Loss?

Impermanent loss (IL) is a loss of funds that a user will incur when they provide liquidity on Automated Market Making (AMM) exchanges. AMM’s utilize an algorithm and game theory to generate liquidity, in turn, creating IL through the arbitrage opportunities presented.

Cryptonomics: What are Decentralized Exchanges

Decentralized exchanges (DEX) leverage block-chain technology; instead of relying on a centralized entity, a network of computers is used to complete and verify transactions.

Cryptonomics: What are Deflationary Tokens

There are two fundamental categories that token models can fit into, deflationary or inflationary tokens. On this latest series, Cryptonomics, GoonTrades will dive into the realm of deflationary tokens.
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