1H
5.50%$0.0003
24H
-0.52%$0.0000
7D
11.5%$0.0005
30D
-4.91%$0.0003
The native DFI token is expected to go live on the Gate.io platform by October ending.
Through the DeFiChain Accelerator, promising projects can be funded as startups will be able to jumpstart or scale their platforms as the case may be.
DeFiChain (DFI) is a blockchain platform built with the mission of maximizing the full potential of DeFi within the Bitcoin (BTC) ecosystem. The software platform is supported by a distributed network of computers and is designed to facilitate fast and transparent transactions. The development team positions DeFiChain as an innovative blockchain project and offers solutions to problems like scalability, security and decentralization.
The project was launched in the fall of 2019 with the aim of offering financial services that commercial banks typically provide (borrowing, lending, investing, keeping funds). Yet there is a key difference between DeFiChain and a banking network: DeFiChain is a decentralized platform. This provides a number of advantages: authorities and entities cannot control the network and anyone has the right to participate in the launch of the network protocol. All actions support the entire network and participants in the process receive DFI tokens.
The DeFiChain platform ensures fast, transparent and decentralized financial services. The project is built on Bitcoin as a software fork and is tied to the Bitcoin blockchain using a Merkle root every few blocks. DeFiChain transactions are non-Turing complete, which makes them fast and smooth, with low gas costs and a reduced risk of smart contract errors.
DeFiChain’s initial functions and products include: lending, token wrapping, pricing oracles, exchanges, asset tokenization, distribution of dividends, and more.
Cryptocurrencies are all the rage now and offer several benefits that traditional currencies cannot. To take advantage of these benefits, you need a crypto wallet. This guide will cover what a crypto wallet is and how it works.
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