Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down and plans to halt lending, borrowing and trading imminently.
Tagged By layer 0 blockchain
Decentralized Payment Innovation: Cardano’s Hydra Pay Teaser
The Cardano community is abuzz with anticipation as developers on the ADA protocol tease an upcoming decentralized payment service. This innovative solution, named Hydra Pay, is powered by Cardano’s …
Shibarium Layer 2 Blockchain Set to Launch in August, Says Shiba Inu Lead Developer
In addition to launching Shibarium in August after the blockchain conference, Shiba Inu would likely provide more info on ecosystem projects.
A New Metric to Evaluate Crypto Ecosystem Fundamentals
When evaluating layer-1 (L1) blockchains, many fundamental investors focus on metrics such as price-to-earnings or price-to-sales ratios. While …
NvirWorld Rollercoaster Rolls On – Where Might Be a Safer Investment?
NvirWorld (NVIR) is a project based on blockchain technology, aimed to address the deficiencies of Layer 1 and 2 networks while …
Layer 3 super public chain, creating a new paradigm of digital economy
In the last few years of blockchain development, the Layer paradigm has been changing from Layer 0 to Layer 3. Not long ago, Ethereum founder VitalikButerin stressed the significance of Layer 3, …