read.cash Log in
@NinjaWingnut

@NinjaWingnut in August 2021

@NinjaWingnut

Uniswap V3 For today’s article I am taking a look at the changes that Uniswap has made to it’s protocol when it launched V3 back a few months ago. They made some interesting changes to how the liquidity pools and automated market maker works, and I think it’s important to understand how these can affect the earnings potential for liquidity providers, and how it changes the risk to things like impermanent loss. https://uniswap.org/…

@NinjaWingnut

Yam Today I am going to take a look at the first version of the Yam protocol, which, due to some nasty software bugs, managed to have a meteoric rise and fall over a span of just a couple of days. It’s sometimes important to take a look at the failures in the crypto space, as much as the successes, to help remember that risk factors involved, plus they make for some good stories. Please note I am on vacation the week of August 8-13 and no articles will be coming out that…

@NinjaWingnut

Rug Pulls For todays article, we are going to take a look at one of the darker parts of crypto, how they work, and what you can look for in order to help prevent yourself from falling victim to one of these scams. Please note I am on vacation the week of August 8-13 and no articles will be coming out that week. For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all. My day job is as a telecommunications software engineer. Treat everything…

@NinjaWingnut

Poly Network Hack While I was on vacation, the largest cryptocurrency hack took place, where the Poly Network was hit for over $600 million dollars in crypto, spread across three different blockchains. I figured this would be a good thing to cover in my first post back, especially since it appears it will have a relatively happy ending. https://poly.network/ https://ninjawingnut.xyz/category/crypto/blockchain/ One thing to make clear, as I’ve seen a few people make the…

@NinjaWingnut

Arbitrage For today’s article I am going to take a look at arbitrage, a way of making profit off differences in prices across different exchanges. It’s not a way that really works for most people, as bots rule this world, but it is something that is relatively important to understand, as it is one of underlying mechanisms for keeping the price relatively stable across the different protocols and exchanges. For the usual disclosure, I am not a financial advisor, I don’t even…

@NinjaWingnut

Dark Pools Today we are going to take a look at a scary sounding place that crypto trading happens, the dark pool. While having an ominous name, there are actually quite a few legitimate reasons that these “private sale” places happen, and some of them are even doing it to specifically protect everyone else’s investment, so it’s a pretty good topic to understand, especially if, unlike me, you are dealing with large quantities of crypto. For the usual disclosure, I am not a…

@NinjaWingnut

Potential Community DeFi Project Today’s post is going to be a little different than what I normally put out. I am not looking at an existing project, discussing the inner workings some some part of blockchain technology, or any of my usual stuff. Instead, I’m going to see if there is any interest out there in an idea a friend of mine have been kicking around for a bit. For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all. My day job is…

@NinjaWingnut

VeChain For today’s article, I am taking a look at VeChain, a different kind of project as it’s blockchain is used to store data, as opposed to just being a ledger for transactions like most of the other projects out there. It has pretty good utility for managing supply chains so it’s worth having a look at. https://www.vechain.org/ https://ninjawingnut.xyz/category/crypto/blockchain/ As a quick note, I am adjusting my posting schedule to allow more time for researching some…