Let’s face it, the crypto world loves to splash around vague metrics like “Total Value Locked” (TVL) as if they’re ticker symbols at a Wall Street casino. We watch the user counts soar – Sui reaching $2.1 billion in locked value, outpacing their competitors – and we are meant to...
DeFi. Decentralized Finance. It seems like something torn from a sci-fi book, right? For a growing number of Africans, it represents something far more tangible: opportunity. Forget the Lambo dreams and moonshot hype. We’re not just discussing hypotheticalities, we’re discussing actual human beings, in real communities, who are utilizing DeFi...
And as usual, the decentralized finance (DeFi) landscape continues to change at an incredible pace. This evolution creates new passive income earning opportunities for users from yield farming. Yield farming exploded in popularity in 2020, known as the “DeFi Summer” era. This practice includes staking or lending crypto assets to...
Cross-chain bridges are touted as a panacea of DeFi. As computing devices embedded in the physical world, they hold the promise to unlock a deeply interconnected and decentralized future. Are they really? Are we being sold on a pipe dream though? Or is that simply a mirage shimmering on the...
A discount on gaming mice? Who cares, you’d surely be thinking. African gamers and DeFi lovers alike should pay attention! Razer’s Viper V3 Pro deal is no ordinary sale—it has the potential to truly change the game for them. And I’m not just referring to headshots and K/D ratios. We're...
Impermanent Loss (IL). It's the Voldemort of DeFi – the thing we don't like to name, but constantly haunts liquidity providers. It's that sinking feeling when you provided liquidity, happily collected trading fees, only to find out your portfolio is worth less than if you'd just HODLed. Curve Finance, with...
Impermanent Loss. But that phrase by itself probably sends shivers down the spines of most DeFi users. It’s DeFi’s nasty little secret, the tax no one discloses ahead of time. You dive in to a liquidity pool under the impression that you’re about to start earning those juicy APYs and...
$15 million. That's a lot of money. With that money, you might be able to purchase a nice medium-sized island. Or, you could do both — achieving dramatic results on a continent full of promise, which the international financial system regularly ignores. Paradigm's investment in GTE, a new decentralized exchange,...
Is DeFi really democratizing finance, or just rebuilding the same power structures behind a newer, shinier facade? For most in the West, it’s an esoteric academic argument. Millions of people in Africa currently experience predatory or no access to conventional financial offerings. For them, obtaining these services is an essential...
Launched in early 2023, Sui ($SUI) has quickly become one of the fastest Layer-1 blockchains. It is designed to be a better alternative than the well-known but established competitors Ethereum and Solana. It hopes to do so by providing better overall scalability, much lower transaction costs, and drastically faster speeds....