Staking Wallets, Liquidity Pools, Forecasts, and Events

June 3, 2022 · 2 min read

This week, CoinsPaid Media continued developing the topic of cryptocurrency staking, studied the principles of liquidity pools, and gathered expert opinions on the short-term perspectives of the crypto market. Of course, cryptocurrency events weren’t left out either. All in all, there is a whole lot to read.

To ensure our readers don’t miss anything important, we keep capturing all the latest materials published on the CoinsPaid Media website over the past week in a digest. 

  1. Wallets for Staking

We’ve already figured out what staking is and how to calculate staking yields in previous materials. Now it’s time to explore the toolkit, that is, with what and how exactly you can send cryptocurrency to staking. There are quite a few options here, so let’s start with the most obvious one — cryptocurrency wallets. 

  1. How Do Liquidity Pools Work?

Many users of decentralized cryptocurrency exchanges don’t even think about how exactly these platforms work. But it’s a good idea to figure it out to avoid possible losses or earn money. On this occasion, we decided to elaborate on what liquidity pools are and how they work, allowing you to trade a variety of cryptocurrency pairs.  

  1. Crypto Experts Believe June 2022 Will Be Hot

Let’s move from theory to practice. CoinsPaid Media has prepared a selection of opinions from practicing experts who use analytics and logic to predict the situation in the cryptocurrency market. We don’t look far ahead — we are talking about June of this year. Importantly, such materials should not be taken as a signal for action, but only as information for reflection.

  1. What Problems Could Stablecoins Face in the Near Future?

An author column on the situation in the stablecoin market after the collapse of UST and LUNA. Is the mistrust users have developed towards stablecoins justified? Spoiler alert: it certainly is, but with a few caveats. 

  1. Cryptocurrency Events

Almost none of our selections are without any material devoted to cryptocurrency events. This week is no exception. This week, CoinsPaid representatives visited Casino Beats Summit in Malta — here, we have a small photo report on how it went. Another exciting event is being planned — Money2020, one of the most significant international fintech conferences. The biggest fintech representatives will definitely visit Amsterdam to get the latest news about the industry and network with their colleagues.