A loan from strangers that doesn’t require the user to sacrifice any of their own money? It’s possible, on one condition: individuals must repay the lender in the same transaction that issued the funds. That sounds strange, doesn’t it? What can you do with a loan that needs to be paid back seconds later?
What Is Uniswap and How Does It Work?
Uniswap is a set of computer programs that run on the Ethereum blockchain and allow for decentralized token swaps. It works with the help of unicorns (as illustrated by their logo).
Traders can exchange Ethereum tokens on Uniswap without having to trust anyone with their funds. Meanwhile, anyone can lend their crypto to special reserves called liquidity pools. In exchange for providing money to these pools, they earn fees.
Clarifications about CoinMarketCap, by CZ
With the recent update on exchange rankings on CoinMarketCap, there is some confusion about CoinMarketCap (CMC) and how it relates to Binance, namely how independent it is. As always, we try to be transparent with our communications. So, here is an article to clear it up.
Binance Chain adds smart contract functionality to its platform
Dubbed as Binance Smart Chain (BSC), it could perform better than the main rival Ethereum on some key metrics