Author: Evan Ezquer

Evan, the founder of Metaroids, is an OG crypto enthusiast and content creator who has explored the world of blockchain, AI, and other cutting-edge tech for nearly a decade. His ultimate goal is to build the best community on the Internet. Up until January 2023, Evan has been writing on Metaroids under the pseudonym Falkris.

Compound Finance is a crypto project that rose to the top of DeFi space in the last couple of months (June and July 2020). Decentralized finance (DeFi) has been growing strong since the beginning of 2020 and it appears to have no plans of slowing down. And Compound currently has the second-largest locked assets among DeFi protocols, next to Maker. Compound Finance enables users to earn money on the crypto assets that they hold. Instead of hodling tokens, you could choose to put them to work and earn passive income. Background Compound Finance is a San Francisco-headquartered company started by…

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What is Serum? Serum is (aims to be) a completely decentralized trading and derivatives DEX offering all essential trading tools that centralized exchanges provide but in a trustless system.Note: IEO is on Friday, August 7 if you’re interested. This is not a sponsored post. The liquidity mining AKA yield farming exuberance has brought massive success to the DeFi space in 2020. However, most DeFi-based decentralized exchanges (DEXs) are still not on par with centralized exchanges in terms of performance, usability, and completeness. Serum claims to have the solution. DEXs have vastly improved from what they used to be. Today, we…

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What is Ampleforth? It is an adaptive form of money that is based on sound economics.How does Ampleforth work? It works by adjusting the circulating supply to match demand using a smart contract. Ampleforth is another DeFi protocol that has gained a lot of popularity lately. It’s so popular that the system had struggled to keep its token’s value stable due to high demand. Some news outlets have even called it the next big thing in DeFi. Here at Crypto Skillset, however, we don’t like to blow things out of proportion. We like to explain things as they are. And…

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With the rate it is going, many have asked, is DeFi the future? And yes, DeFi is the future. It is the future of fintech. There are so many reasons why it is so much better than traditional finance. But apparently, it has a few shortcomings that prevent its complete takeover. This explains why centralized finance (CeFi) still dominates the world today. DeFi is still fairly new. But given time, its potential is far greater than what it currently delivers. What is DeFi? Decentralized Finance (DeFi) is a broad financial environment composed of decentralized protocols and applications running on blockchains.…

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