When a new protocol launches by offering better incentives to steal users and liquidity from an existing protocol.
When a new protocol launches by offering better incentives to steal users and liquidity from an existing protocol. SushiSwap famously vampire-attacked Uniswap by offering SUSHI tokens to Uniswap liquidity providers who migrated. It's aggressive but has proven effective at bootstrapping new DeFi projects.
Earning tokens by providing liquidity to a protocol.
A cryptocurrency exchange that operates without a central authority, using smart contracts to facilitate trades.
Financial services built on blockchain without traditional intermediaries.
A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.
One of the biggest lending and borrowing protocols in DeFi.
A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.
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