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What is buterin (what is burner)

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What is buterin? Recently, Biterin, a well-known cloud computing company in the blockchain industry, released a new product called “Buterin”, which is positioned to make data more secure. It is reported that “buterin” is an open-source tool suite developed by Biterin, which can help enterprises build a decentralized data storage, transmission, and trading platform In the current application field, due to the need for deep optimization and maintenance of databases, many server-based solutions have also emerged, such as artificial intelligence analysis; Distributed system monitoring, etc. These schemes are designed for the needs of Big data users

What is a burner

Burner is a new liquidity mining product launched by the decentralized trading platform BurnerFinance, with a token of bar. Users can obtain rewards by pledging their ETH on the Burner contract and exchanging it for wBTC and DAI through the Burner agreement Currently, Burner has launched multiple exchanges such as Uniswap and Balancer. In addition, there are DeFi protocols such as Sushi, Aave, Curve, and other projects such as UniswapV3

Burner is an automated Market maker protocol (that is, automated market making), which allows anyone to provide high returns at a low sliding point, while maintaining the balance between capital and asset security. Burner aims to help Cryptocurrency investors carry out arbitrage and portfolio management.

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