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Latest Degen News You Should Know About

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  Degen’ is a slang term derived from the word ‘degenerate’, often used in the cryptocurrency space to refer to individuals who engage in high-risk and speculative trading.   It is also another word for layer-3 blockchain!   Degen is a recently launched layer-3 blockchain focusing on community engagement and rewards. It allows users to reward quality content with DEGEN tokens on the ‘Farcaster’ platform. It aims to provide a more efficient and interconnected blockchain ecosystem.   Let us see the key takeaways before diving into the latest degen news .   ●         Degen Chain is a Layer 3 blockchain built on Base, an Ethereum Layer 2 solution, for developing crypto projects for its community. ●         The main features of the Degen Chain include low transaction fees, a community-centric approach, and its native token, DEGEN. ●         DEG...

Latest DeFi News From The World Of Finance And Banking

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DeFi, short for decentralized finance, represents a shift in the financial sector by leveraging blockchain technology, primarily Ethereum, to eliminate traditional financial intermediaries. It enables various financial applications, from simple transactions to complex contracts, through smart contracts that execute automatically under specific conditions. Here are some latest DeFi news you may be interested in: Latest DeFi news from Financial Sector: 1.        Decentralized finance is coming to Bitcoin with Bitcoin Layers – the meta-protocols, sidechains, layer 2’s and other technologies currently being built on the Bitcoin blockchain. These layers will enable faster payments, as well as lending, enhanced functionality of fungible and non-fungible tokens, decentralized exchanges, GameFi, SocialFi and many other use cases. Holders of bitcoin will soon be able to increase the productivity of their asset via a protocol-based decentralized financial sys...