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Introduction to DeFi

LP tokens and alternatives

An LP token represents your ownership in an LP pool. In some protocols, those who deposit into liquidity pools receive...

Intro to Impermanent Loss (IL)

Impermanent Loss can affect your returns in an LP pool. Impermanent Loss refers to the theoretical loss of value a...

Intro to blockchain bridges

A blockchain “bridge” connects two blockchains and allows users to send cryptocurrency from one blockchain to another.  Picture a set...

Intro to governance tokens

Governance tokens distribute voting power to users. Essentially, a governance token gives a holder a say in how the protocol...

Yield-bearing DeFi assets

Yield-bearing assets are DeFi assets that provide some form of added gain on top of ordinary asset-holding. By owning certain...

What is THORChain?

“An overly simplistic explanation is that THORChain is “like Uniswap, but multi-chain.” – Erik Voorhees, founder of ShapeShift. THORChain is...

THORChain pooling: Symmetrical and asymmetrical pooling

Recall that Liquidity Pools (LP) on THORChain (TC) are always rebalanced to 50:50 of the value of the two assets...

What makes THORChain unique?

As the importance of cross-chain swaps becomes more and more apparent, many other protocols are working to bring interoperability among...

What is a cross-chain swap?

Cross-chain swap functionality allows you to exchange two different cryptocurrencies that run on their own blockchain without passing by an...

What is an airdrop and why can they be dangerous?

Airdrops are distributions of digital assets to the public by virtue of holding a certain token or simply by virtue...

How to do cross-chain swaps in XDEFI Wallet

  Please follow these simple steps to do a cross-chain swap in XDEFI Wallet. 1.  Open your XDEFI Wallet extension...

What are cross-chain bridges and how do I use them?

Why do we need bridges in DeFi? In the last two years, Decentralised Finance (DeFi) has taken the world by...

What is THORSwap?

THORSwap is a decentralized exchange (DEX) that supports multiple blockchains by utilizing the THORChain network (please see here our THORCHain...

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