On the Block

dex

Smart contracts are like complicated vending machines. They can't do anything on their own, they can't just dispense lots of soda randomly, or grow legs and arms to fight a competing vending machine in the area. But what if they could? What if they could create transactions on their own?

Read more...

If you're in the blockchain space and use decentralized exchanges/done some yield farming, chances are that you've heard of Liquidity Pairs.

The main risk you've probably heard all around the place is the dreaded impermanent loss (😨), a mysterious part of how liquidity pairs work and can lose you tons of money! The thing is, impermanent loss is actually not that bad, and in fact can be good for you!

Read more...