India’s largest exchange, WazirX, to launch an automated market maker (AMM) DeFi protocol on Matic Network! 🤝
Binance-owned exchange WazirX is launching an AMM DEX, enabling users to swap crypto assets in a decentralized manner and earn fees by providing liquidity.
WazirX has chosen to build on Matic to overcome the current performance bottlenecks of the DeFi space via our high-speed, low-fee infrastructure.
DEX features: • Decentralized exchange for pair swaps • Liquidity provider pools for passive interest • Accumulate WRX for utilizing the protocol • Low slippage + instant confirmations
We’re thrilled to be working alongside WazirX to further the DeFi movement! This is just the beginning of our DeFi activities: DeFi projects are quickly recognizing the necessity of Layer 2 and we're seeing huge interest 🥂
India’s largest exchange, WazirX, to launch an automated market maker (AMM) DeFi protocol on Matic Network! 🤝
Binance-owned exchange WazirX is launching an AMM DEX, enabling users to swap crypto assets in a decentralized manner and earn fees by providing liquidity.
WazirX has chosen to build on Matic to overcome the current performance bottlenecks of the DeFi space via our high-speed, low-fee infrastructure.
DEX features: • Decentralized exchange for pair swaps • Liquidity provider pools for passive interest • Accumulate WRX for utilizing the protocol • Low slippage + instant confirmations
We’re thrilled to be working alongside WazirX to further the DeFi movement! This is just the beginning of our DeFi activities: DeFi projects are quickly recognizing the necessity of Layer 2 and we're seeing huge interest 🥂
Telegram has no known backdoors and, even though it is come in for criticism for using proprietary encryption methods instead of open-source ones, those have yet to be compromised. While no messaging app can guarantee a 100% impermeable defense against determined attackers, Telegram is vulnerabilities are few and either theoretical or based on spoof files fooling users into actively enabling an attack.
Should I buy bitcoin?
“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.
