Finding top-tier crypto projects in the bear market can be very challenging
So today I have done all the hard work for you.
Here's everything you need to know about #DFX and why you SHOULD pay attention to it π§΅
#DFX $DFX @DFXFinance
So today I have done all the hard work for you.
Here's everything you need to know about #DFX and why you SHOULD pay attention to it π§΅
#DFX $DFX @DFXFinance
What I'll cover:
-what is DFX
-how it works
-Tokenomics
- veDFX
-Benefits of the protocol
-what is DFX
-how it works
-Tokenomics
- veDFX
-Benefits of the protocol
so what is $DFX?
DFX is an $Eth-based decentralized exchange protocol with a dynamically tuned bonding curve optimized for fiat-backed stablecoins (like USDC, CADC, EURS, XSGD, etc) using real-world FX price feeds.
DFX is an $Eth-based decentralized exchange protocol with a dynamically tuned bonding curve optimized for fiat-backed stablecoins (like USDC, CADC, EURS, XSGD, etc) using real-world FX price feeds.
$DFX Finance is keen to create an ecosystem for non-USD stablecoins to thrive and provide value to users all around the world.
#DFX will be pushing out products centered around products and integrations for stablecoins of every currency.
Products include π
#DFX will be pushing out products centered around products and integrations for stablecoins of every currency.
Products include π
β’ An AMM optimized for efficient swaps
β’ Hybrid synthetic stablecoins stabilized by fiat-backed stablecoins (dfxCAD, dfxEUR, dfxSGD).
β’ Hybrid synthetic stablecoins stabilized by fiat-backed stablecoins (dfxCAD, dfxEUR, dfxSGD).
An automated market maker on $Eth allows the decentralized exchange of tokens according to a bonding curve.
For $DFX, this curve will be dynamically adjusted by using real-world FX price feeds from Chainlink to ensure that you get the best rates.
For $DFX, this curve will be dynamically adjusted by using real-world FX price feeds from Chainlink to ensure that you get the best rates.
Tokenomics:
Every stakeholder, including founders and investors, will be distributed tokens on a continual basis, with the bulk of the tokens distributed to the community as follows. By month 96, all 100 million tokens will have been distributed.
Every stakeholder, including founders and investors, will be distributed tokens on a continual basis, with the bulk of the tokens distributed to the community as follows. By month 96, all 100 million tokens will have been distributed.
Benefits for the Protocol
In the future, it could gain additional utility, like being eligible to the yield generated through other DFX protocol features.
As of now, it is designed to benefit the #DFX protocol as a whole by:
In the future, it could gain additional utility, like being eligible to the yield generated through other DFX protocol features.
As of now, it is designed to benefit the #DFX protocol as a whole by:
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