Today, let's dive into one of the most useful projects on the web. Say hello to @EgldInfo, your go-to destination for a plethora of information about the MvX ecosystem. 🌐
6/9 Need help making the best decisions? Go to 'Best Buy' section! 🛒
📈 A plethora of applications to assist you, including:
✅impermanent loss calculator
✅farm calculator
✅metastaking calculator
✅native eGLD staking calculator
✅....
Smart tools for optimal outcomes!
7/9 Looking for detailed information about your wallet? @EgldInfo has got you covered. 🔍
💼 Explore their profile page to get insights into your tokens, NFTs, and more. Stay on top of your assets and manage them like a pro! Check it out at egld.info/#/profile
1/11 Cryptocurrency #arbitrage refers to the practice of taking advantage of price differences for the same asset across different #cryptocurrency#exchanges.
Let's dive into this concept 👇🧵
2/11 Arbitrageurs buy the asset at a ⤵️lower price on one exchange and simultaneously sell it at a ⤴️higher price on another exchange, profiting from the price disparity.
3/11 This strategy 📊is possible due to the #decentralized nature of #cryptocurrency exchanges, where prices can vary based on factors like liquidity, demand, and trading volume.
Market cap helps to evaluate the size and value of a digital asset, but how does it work? 🤔💰
2/7 Market Capitalization (Market Cap) = Circulating Supply * Current Price. It represents the total market value of a cryptocurrency & can be used to rank digital assets relative to each other.
This metric has its limitations, but it's a useful starting point for comparisons.
3/7 For example, #Bitcoin is often ranked as the largest cryptocurrency by market cap.
📊This means that the total value of all circulating Bitcoin is higher than that of any other cryptocurrency in the market.
Curious about APRs in the world of #cryptocurrency? Let's dive into APRs related to crypto, and how they can help you earn passive income. Get ready to explore the crypto universe! 💫
#CryptoAPR #DeFi
2/6 In crypto, APR (Annual Percentage Rate) represents the estimated yearly return on your investment in liquidity pools or yield farms.
It takes into account factors such as fees, rewards, and compounding interest. APR helps you compare different investment opportunities.
3/6: APR calculates the annual return on your investment, assuming you don't reinvest your earnings. It doesn't take into account the power of compound interest. 📊
Make sure to consider platform reputation, longevity & token utility when evaluating crypto investment. 🤔
1/9 🔬 Today, we'll explore how @MultiversX's Adaptive State #Sharding is an advanced technique that enhances the scalability and efficiency of #blockchain networks.
Let's dive in! 🧵👇
2/9 Instead of simply dividing the information into smaller fragments, it uses a smarter approach 🤖 to distribute the information based on its relevance and accessibility.
1/7 🔥@itheum has teamed up with @Cointelegraph to spread its mission of data ownership through blockchain-powered tools.
Leveraging Ct's global audience and Accelerator Program, they aim to reach the masses and democratize data ownership.
Let's dive into Itheum's world 🧵👇
2/7 @itheum have a suite of Web3 tools enabling streamlined trading of user data, featuring a decentralized data exchange that empowers data ownership in the #Metaverse and brings new market value.
🙋Reclaim control of your data and participate in platform gov through a #DAO
3/7 @Itheum enables bridging of high-value data from Web2 to Web3, facilitating P2P trades.
Their suite of privacy-preserving, regulation-friendly, and cross-chain products and tools offer comprehensive core #blockchain data infrastructure for enterprise and consumer use cases.