Altcoin Analysis
Aave, in simple terms
Aave is a decentralized finance protocol.Â
Its main function is to let users lend, borrow, and earn interest in crypto assets, all without a centralized authority.
Like most DeFi applications, Aave started running natively on the Ethereum blockchain, where its operations are...
Jupiter, in simple terms:
Jupiter is a dApp built on Solana.
It is a so-called "DEX aggregator" which differentiates it from other decentralized exchanges (DEXs).Â
Let's break down what a DEX aggregator is.Â
Jupiter works like a decentralized exchange in the sense that it does the same job for t...
Uniswap, in simple terms
Uniswap is one of the largest decentralized exchanges for digital money.Â
Think of it as a big vending machine for cryptocurrencies, where you can swap one type of digital money for another anytime you want.
The "vending machine" has three main parts:
- Liquidity Pools: ...