Cryptocurrency Solutions

In current trends, NFT tokens are growing rapidly and have become significant among the digital assets and have the value of $250 million, and the total number of active wallets performing NFT transactions increased by 97% in 2021.  What is NFT Token?  NFT Non-fungible tokens are a digital asset to be unique and therefore not interchangeable. they are the virtual assets used to hold some values like ownership for artists for their songs, photos, music, etc It enables the ownership of their digital assets on the blockchain and is not restricted to the buyer of the NFT.  Anyone can get a copy of the digital asset through NFT tokens. NFTs have Unique features that distinguish them from other tokens: Uniqueness . Every NFT token is a different asset and it has an individual set of metadata. Indivisibility.  NFT cannot be split into smaller categories. Authenticity . Every NFT has an owner and this information is simply provable. Non-interoperability.  One NFT is no...

  In the present scenario, various DeFi protocols are emerging in markets, that allow users to stake their funds in return for the protocol’s tokens. Ethereum is the earliest blockchain backing smart contracts and helps to build decentralized applications. We will see about DeFi Protocol PancakeSwap, a decentralized exchange built on BinanceSmartChain(BSC). PancakeSwap is a decentralized exchange for trading BEP-20 tokens. The PancakeSwap exchange has an automated market maker(AMM) model. It helps to trade digital assets on the platform, where other exchanges use the order book to match buyer and seller, whereas in pancakeSwap uses Liquidity pools are available to execute your tradings. The user digital assets are deposited on the liquidity pool, and the user gets tokens as a return for that. Users can use tokens to reclaim their share, a part of trading fees. Users can trade BEP-20 tokens, or add liquidity and earn rewards. There are also other features we’ll cover later. Farming ...