1H
0.30%$0.0000
24H
5.31%$0.0002
7D
3.18%$0.0001
30D
-25.8%$0.0017
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.
Wrapped crypto tokens have been prominent in the space for several years. Anyone who invests in crypto should be aware of what they are, how they work, and how they can benefit you. In this guide, we’ll be taking a deep dive into all of these questions.
Ethereum network has seen a few upgrades since its launch. This guide will discuss the seventeenth fork upgrade to the Ethereum network called the Shanghai Upgrade.
