Home DeFi & NFT Zilliqa’s DeFi Dictionary for Those Who Love ZIL

Zilliqa’s DeFi Dictionary for Those Who Love ZIL

Zilliqa's

A is for Automated Market Maker (AMM). B is for Bonding Curves. C is for Collaterals. Collaterals are a big part of DeFi lending protocols. D is for DAOs. E for Ethereum.  F for Farming.  G for Governance Tokens. H for Harvest. I for Impermanent Loss.  L for Liquidity Pools.  M for Margin.  O for Oracles.  P for Pools.  S for Stablecoins.

Lark Davis Expressed:  If it was just Ethereum vs. Cardano, it would be a much clearer battle of platforms. But we also have BSC, Polygon, Solana, Terra, Avalanche, Zilliqa, Elrond, Polka Dot, and many others also looking for market share. Many of whom are much further ahead in terms of ecosystem building.

Community response:  Lark said, “Zilliqa.” Get ready for the ZIL pump.

Scalability wins with mass adaption so that Zilliqa will be Ether.  Zilliqa, all be it the first to implement sharding to a blockchain, is not the only one in the Dapp space that uses it; in fact, others in the space already have such a thing as the much anticipated ZIL eth bridge Zilliqa being the innovator in the space has its advantages.

The Zilliqa Creator Fund will bring not only a level of art to the NFT marketplace, unlike we’ve seen before. It is also building trust, cooperation, and collaborations between all involved.

Every ZIL token holder is a ZIL User. DEX: ZILSwap, to provide LP and earn from trading fees, swap for tokens, participate in ZILO. Stake:  IgniteDAO, Zillion, Moonlet, etc.  Non-custodial SSN staking found on stake.zilliqa.com; NFTs – Marketplaces: Mintable, SpardaWallet, Okimoto.io; Collections: Non-Fungible Ducks, DeMons, ZILStars, Elons; Gaming: UFFS, BLOX, ZilChill; Creator Economy: Xcademy Network – PELE Network.

Thus, there is a world of ways to use Zilliqa as stated by Package Portal (Logistics) – Carbon (Wallet, Privacy Solutions, and Others) – ZILPay (Wallet), ZILWall (Collaborative Art), ZILStream (Data and Dashboard).

Very soon, they will be having Pillar Protocol (Algorithmic Stablecoin) – Lending and Borrowing is set to be announced soon.

Some opined, that KT who posted the list, missed a few, but complemented stating it is a great idea messaging about “There is a world of ways you can use your $ZIL.”

Also, in the community one, Amit Kummer spoke about:  NFT and social token thesis for the ZIL ecosystem: Celebrities and influencers carry as much value as any goods, product, or services. Blockchain has started to give rise to the rebirth of NFTs, which has naturally extended to social and fan tokens.

Their current focus seems to be to provide with infrastructure, tools, and other resources.

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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