ChainNet

Joined 5 years ago

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31

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3

Member since

Oct 28

DeFi protocol for trustless cross-chain transactions. Swap tokens across blockchains and earn yield in our concentrated liquidity pools.

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Recent submissions

Comment · 2 years ago

Not all transactions have multiple outputs as some deplete the UTXO with no remainder. The 2 single output transactions you mentioned are Bitcoin NFT mints. Their senders only care about including their data in a bitcoin block, they don't really care about the small value of the UTXO output being sent, that's why the overwhelming portion of transaction value is just miner fees.

The 3rd transaction you included is an ordinary bitcoin transaction that sends value.

Comment · 4 years ago

Uniswap, Curve DAO, AAVE, Compound, Lido, MakerDAO...

Comment · 4 years ago

There's nothing decentralized about FTX or Binance. They operate in an opaque manner like any traditional business, transparency comes from forced audits & regulation.

Decentralized finance is built on chain where all assets are publicly auditable at all times.

EDIT: parent comment talked about decentralized finance, then edited to remove mentions of defi