Hodlin Staff profile

Hodlin Staff - Page 3

cryptocurrency authors on Hodlin who love writing interesting articles about Cryptocurrency and Blockchain

  • 59 Posts
What is BitTorrent Token (BTT)? A Complete Guide
by Mar 7, 2023

What is BitTorrent Token (BTT)? BitTorrent was initially created by developers Brad Cohen and David Harrison in 2001. The BitTorrent software facilitates file sharing over a peer-to-peer network, becoming widely employed in the early 2000s for large file exchange among peers (ex. music and movies). Instead of downloading or uploading... Read More

What is Curve DAO Token? All You Need to Know

What Is the CRV Token? CRV is the native token of Curve Finance, an Automated Market Maker Protocol built on the Ethereum Network. The token is used for the platform’s governance by ensuring its holders can participate in the decision-making process in the future while also incentivizing participation in the protocol.... Read More

What Is Elrond? How It Will Revolutionize Distributed Computing
by Mar 6, 2023

EGLD is the native mainnet token of the Elrond blockchain network, a highly scalable, fast, and secure blockchain platform built for the internet scale. EGLD replaced the ERD ERC20 and BEP2 tokens in July 2020 when Elrond launched its mainnet. Brothers Beniamin and Lucian Mincu co-founded Elrond in partnership with... Read More

What Is Ocean Protocol? A Guide To Decentralized Data Exchange

OCEAN is the ERC-20 utility token native to the Ocean Protocol, which it powers by allowing users to stake on data, partake in the governance of the protocol, and buy & sell data, all while allowing near-term growth and long-term sustainability.  What is Ocean Protocol? Bruce Pon and Trent McConaghy... Read More

What is Filecoin? A Cryptocurrency File Storage Network
by Mar 5, 2023

What Is Filecoin? Filecoin (FIL) is the cryptocurrency native to Filecoin, a decentralized storage network that allows its users to share and use storage space using blockchain technology. It is one of the most popular decentralized file storage platforms. Filecoin was released on July 15th, 2014, by Protocol Labs, the... Read More

What Is Uniswap? Let’s Explain the UNI Token
by Mar 2, 2023

What Is Uniswap? Uniswap is a Decentralized Finance (DeFi) protocol built on the Ethereum Network for exchanging ERC-20 tokens without needing a middleman, improving trading speed and efficiency. Unlike other protocols, Uniswap’s token (UNI) is not used to pay for fees or as a central token but as a governance token. This token allows... Read More

What Is Sushi Token and How Does It Work?

Sushi (SUSHI) was initiated by an anonymous group called Chef Nomi, SushiSwap is a hard fork of the blockchain-based protocol Uniswap. It inherits the original design and characteristic properties from the parent company. The project reminds users of the founding of Bitcoin, as the world’s most popular cryptocurrency was also mysteriously... Read More

What is Compound Governance Token? A Detailed Guide

What Is Compound Governance Token? Compound Governance Token (COMP) is the native governance token of the Compound Protocol, which is powered by incentivizing its users to use the platform’s services to receive it as a reward, allowing them to participate in the decision-making process that decides the platform’s future. Compound... Read More

What is yearn.finance? Your Guide to YFI Explained

Yearn.finance is a Decentralized Finance (DeFi) protocol that uses lending projects like Aave and Compound to provide users with optimized token lending services. The protocol was developed by Andre Cronje in 2020, independently of any company or organization. Powered by its native YFI token, the platform offers multiple features like aggregated liquidity, leveraged trading,... Read More

What is Balancer & the BAL Token? A Beginner’s Guide
by Mar 1, 2023

Balancer (BAL) is the native governance token of the Balancer blockchain, a Decentralized Finance (DeFi) protocol that combines crypto assets to incentivize a network of nodes to operate as a decentralized exchange. The Balancer Protocol was initially developed as a research project by BlockScience in 2018, which Fernando Martinelli and Mike McDonald... Read More