DeFiChain, the blockchain of the Bitcoin network, which aims to bring decentralized finance applications and services to everyone, has launched its native DFI token on Huobi Global.
By providing a comprehensive ecosystem for experienced crypto investors, allowing users to buy, sell and borrow a wide variety of cryptocurrencies, the Huobi-listed DFI token will increase its accessibility to crypto users internationally.
DeFiChain’s DFI Token in Houbi
It started trading with USDT on Huobi as of July 26 by DeFiChain. Investors purchasing the DFI token; The token can be transferred to DeFiChain wallets or wherever they want.
Speaking about DFI, which is already available for trading on Kucoin, Bybit (ERC-20 format), Bittrex, Bitrue, Hotbit and Bitpanda, Benjamin Rauch, Marketing Director of DeFiChain Accelerator, said:
“Being listed on Huobi is a big step for DeFiChain. We are happy that more and more major exchanges are listing DFI. Due to the diversity of real-world assets available on DeFiChain, we look forward to more and more top exchanges listing DFI.”
DFI opens the world to the DeFi Chain ecosystem. The following are at the center of all activities of the blockchain:
- Providing liquidity in multiple pools
- Staking for blockchain consensus and security
- Using collateral to mint or borrow stock tokens and DUSD stablecoin
- Use as an indicator of reward. All DEX rewards are paid with DFI
- DeFiChain’s governance token
DeFiChain is a completely decentralized blockchain with on-chain governance. Since its mainnet launch in May 2020, the project has seen enthusiastic participation from the community in almost every aspect of blockchain, from nodes, masternodes, projects, tools, governance, economic ideas, and code governance. The code base was developed in an open source manner.
About DeFiChain
DeFiChain is a decentralized Proof-of-Stake blockchain created as a hard fork of the Bitcoin network to enable advanced DeFi applications. The platform stands out with its fast, smart and transparent decentralized financial services. DeFiChain offers liquidity mining, staking, decentralized assets and decentralized loans. DeFiChain Foundation’s mission is to bring DeFi to the Bitcoin ecosystem.
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