Blockchain and Crypto Blog

Ivan on Tech Academy provides latest insights and reports about the blockchain industry.

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Top 10 DeFi Platforms You Need To Know About: Breaking Down Defi Pulse

Written By Ivan on Tech

Oct 13, 2020

This year, some of the biggest developments in the cryptocurrency industry have been due to the uptick in decentralized finance (DeFi) platforms, offering many of the same services as the legacy financial institutions, but on-chain. This is why we are now breaking down the top 10 DeFi platforms according to the Defi Pulse listing.

There have been countless projects, some with huge success and popularity from users. In this article, we have collated the top 10 DeFi platforms as of the time of writing, from DeFi Pulse - the best place for tracking DeFi analytics and key metrics.

We have described a brief overview and background in addition to the services the platform provides. Moreover, welcome to Ivan on Tech Academy - the best place to learn about all things blockchain and crypto, and keeping up-to-date with the latest developments in the space.

In addition to the top 10 DeFi platforms that are hot right now, this also includes countless blockchain and cryptocurrency courses. Check...

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A Closer Look - What is Yearn Finance and YFI?

Written By Ivan on Tech

Aug 18, 2020

The past week has seen Yearn Finance, more commonly known as yEarn Finance or yearn.finance, become increasingly well-known following a massive price rally. Specifically, Yearn Finance’s YFI token has surged over 300% in the past week. As such, many are beginning to ask the question “what is yearn.finance”. The platform recently rose to fame after the launch of its tokenized insurance product yInsure Finance, however the following article takes a look at the fundamentals that led to the creation of the entire yEarn Finance platform.

Andre Cronje single-handedly developed yearn.finance (yEarn), a yield aggregating platform on Ethereum. yEarn has grown into an ecosystem of protocols that aims to maximize annual percentage yields (APY) for its users. It plays a part in the yield farming mania that kicked off with Compound’s COMP token distribution. yEarn utilizes DeFi protocols such as Curve, Compound, Aave, and dYdX to optimize token lending. In a nutshell, it...

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