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anhlai F4F

@anhlai

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What Are Meme Coins? Meme coins are tokens whose brand is built around a meme, which is usually an image accompanied by humorous text that can be adapted to a variety of situations. Unlike traditional cryptocurrencies like Bitcoin and Ethereum, which are focused on utility and aligned with the vision of enabling decentralization, security, and creating an alternative financial system, meme coins just want to have fun. Types of Meme Coins The most popular type of meme coin is dog-themed tokens like DOGE, WIF, and SHIB. Other popular types include animal-themed ones like cats, penguins, sloths, and more. PEPE started out as a character from a comic book, but has since spun out into an entire Pepe-themed category. There are also meme coins tied to the physical world, featuring political figures, celebrities, and even Wall Street Bets.
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How to Earn MITO Points for Mitosis Airdrop Mitosis aims to deliver a novel liquidity model to newly created modular blockchains and decentralized applications (dApps), aiming to attract more TVL by leveraging community-owned liquidity. Users can earn MITO Points by taking part in Mitosis Expeditions and depositing into vaults. Key Takeaways Mitosis is an innovative Layer 1 (L1) blockchain platform designed to unify liquidity provision across multiple blockchains through its unique Ecosystem Owned Liquidity (EOL) model. In May 2024, Mitosis secured $7 million in venture capital funding from prominent investors, including Amber Group and Foresight Ventures. Mitosis is closely partnered with Ether.fi with a significant portion of its liquidity denoted in Wrapped Ether.fi Ether (weETH) in Mitosis vaults. Mitosis Cover Update
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What is DeFi? Decentralized finance (DeFi) is a fintech solution that uses a distributed ledger to let financial transactions happen without requiring centralized financial institutions like banks and finance corporations. All transactions are recorded on a public and immutable ledger, removing the need to pay such institutions a service fee for each transaction. You simply need a phone and an internet connection, and you can borrow, save, lend, or swap cryptocurrencies without KYC, resulting in greater convenience, better integration, and higher transparency, which are some of the well-known advantages of DeFi. The growth of DeFi protocols has also made it easier for a number of new crypto companies to start up. Demand has increased significantly, and it is predicted that the industry will grow from $11.78 billion in 2021 to $231.19 billion by 2030, an increase of nearly 20 times.
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What are CryptoPunks? CryptoPunks is an NFT collection issued on the Ethereum blockchain. It was first introduced by the Larva Labs studio in 2017. Later, the collection was acquired by Yuga Labs in 2022, the company behind Bored Ape Yacht Club. Larva Labs was one of the pioneers to use the ERC-721 standard to issue NFTs. There is a total of 10,000 unique characters of CryptoPunks that are 24x24 pixel images. In the collection, no two images are generated with the same appearance. They were issued and stored on the Ethereum network. First, the collection was free to claim then the CryptoPunks were traded on blockchain-based marketplaces. Each CryptoPunk has different attributes, originally generated by an algorithm designed by the Larva Labs team. Therefore, having one CryptoPunk in the blockchain wallet can grant its owner the unique feeling of a collector.
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What is DeFi? DeFi (or Decentralized Finance) is a financial system in which all financial institutions and financial instruments are operated in a decentralized way. In other words, DeFi leverages the decentralization feature of Blockchain to create what is called open finance. In an open financial system, everyone has access to financial services without the need for permission of any individual or organization. DeFi is attached with the key property, non-custodial. DeFi also has a complete structure of financial institutions and instruments like CeFi: It also has all of the financial activities in CeFi from saving, lending, and borrowing to bills and debt payments,... The difference is that all of these activities are not conducted by a central organization but automatically by the smart contracts of Blockchain.
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Blockchain Explained: What is Blockchain Technology? Blockchain is a digital ledger of all cryptocurrency transactions. It is constantly growing as "completed" blocks are added to it with a new set of recordings. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. A blockchain consists of numerous blocks of data. The data that is stored on a blockchain is distributed across the network of computers that make up the blockchain. This means that no single entity can control or tamper with the data. This makes blockchain a very secure way of storing data. Blockchain is often referred to as a Distributed Ledger Technology (DLT). This is because each computer or 'node' in the network has a copy of the ledger. This makes it very difficult for anyone to tamper with the data.
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