We write weekly about Web3, what it is, and why it matters.
๐ Bikinis out for liquidity pools
GM Surgers!
Summer is starting, so we feel it's a great time to speak about poooools - and other important things happening in the crypto world.
And if you're up for some fun summer camp vibes, make sure to check out the world's first network city below!
This week in cryptoโฆ
Everything you need to know to stay on top in Web3
๐ก Cabin Launches the First Network City
Cabin is a DAO with the gigantic mission of creating the world's first network city - and last week they did it! Their globally-distributed properties offer fast internet, access to nature, and thrilling experiences for remote workers and creators. Read more about their ambitious project here!
๐ญ๐ฐ๐ฆ๐ช Hong Kong and UAE join forces to craft crypto regulation
Expect a thrilling dance of balanced oversight, investor protection, and innovative opportunities as two of the world's biggest financial centers work together to regulate cryptocurrencies. They discussed ways to make cross-border trade easier and explored how UAE companies can use Hong Kongโs financial infrastructure platforms to access markets in Asia and mainland China. Watch out USA ๐
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TLDR: Liquidity Pools ๐
In crypto, Liquidity Pools are pools of funds contributed by individuals, acting as market makers. They are the heart of DeFi because peer-to-peer trading isnโt possible without them.
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By participating in a liquidity pool, you can earn rewards for keeping the crypto market flowing smoothly.
Liquidity providers get tokens (LPTs) when they provide their funds to the pool. Providing liquidity means supplying your funds to a pool in exchange for a reward. The exact reward amount will depend on the size of the pool, the trading activity, and the fees that are charged.
Many people do yield farming here, which is the process of providing liquidity to a pool in order to earn a portion of the fees that are generated from trading activity.
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Speak soon,
โJules ๐คธ๐ผโโ๏ธ
Surge Women | Educating crypto users and builders ๐ฅ
We write weekly about Web3, what it is, and why it matters.
GM Surgers, Surge's Web3 Course is tailored towards people of all levels. Whether you're already working in crypto and want a free, technical overview or you're just getting into the weeds of Web3. Surge Web3 Course Hub We're releasing chapters to subscribers for free on YouTube and this week, weโre looking into nodes. What are nodes and how do they work? Nodes - What allows blockchains to exist? In Web3, a node is a device linked to a cryptocurrency network that may produce, receive, store...
GM Surgers, Learning about the mechanics of what goes underneath the hood of Web3 can be highly technical and complex. It's why we've open sourced a Web3 Course to help you navigate how everything ties together. Subscribe to our Web3 Course here! We're releasing a chapter a week to subscribers for free on YouTube, starting with deep dives from our first chapter. Hereโs a TLDR on what youโll learn in Chapter 1 ๐๐ผ What is a blockchain and how does it work? A blockchain is a distributed,...
GM Surgers! Let's get right into it. ๐๐ผ Special Announcementโฆ ๐ We're publishing the Surge Web3 Stack course on YouTube! ๐ It's been nearly one year since we launched our first course "Web3 Stack - Crypto Infrastructure Behind the Scenes". After hearing how much so many of you have benefitted from it, we've decided to open-source the course to honor the nature of our community. We'll be releasing all chapters to subscribers for free on YouTube starting with our first chapter -- subscribe here...