About Defi Coin
Community driven & fair launch. The dev team burned all of their tokens and participated with everyone else. Automatic LP Every trade contributes towards automatically generating liquidity that goes into multiple pools used by exchanges RFI Static Rewards Holders earn passive rewards through static reflection as they watch their balance of DeFi Coin grow indefinitely. Usage Scenarios DeFi Coin will also offer an option to participate in the exchange of collectibles on the platform. We will have a section for non-fungible tokens (NFT) that users can trade for DeFiCoin. You can choose to keep these NFTs if you own or trade them on DeFiCoinSwap.
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Market Stats
Market Cap
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Performance
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Additional details
Market details
DEFC vs markets
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0xeB33cbBe6F1e699574f10606Ed9A495A196476DF |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0012 | NaN% |
1 Day | $0.0012 | 0.00% |
1 Week | $0.0012 | 0.00% |
1 Month | $0.0012 | 0.00% |
1 Year | $0.0012 | 0.00% |
Coinbase insights
Recent trends
The latest DEFC price is $0.0012.
FAQ
The DeFi Swap is a decentralized exchange platform. The platform aims to eliminate the need for users to go to a centralized third party, allowing them to exchange value directly with other market participants. The system is supported by a native digital currency, DeFi Coin (DEFC), to achieve its decentralized goals. The token is primarily used for Reflection, LP Acquisition, and Burn. This coin is based on the Binance Smart Chain and can be transferred from one wallet to another.
According to its website, day trading has the unintended consequence of volatility and huge price swings. To address this, DeFi Coin token holders are encouraged to keep their tokens for a long time; therefore, the holders are rewarded static reflections for holding the tokens. Further, the transactions are taxed at 10 percent. Five percent of this tax amount is distributed to existing DeFi Coin token holders. The remaining 5 percent is used to supply liquidity to decentralized exchange services. Also, users who hold DeFi Coins have the opportunity to receive dividends through a fixed reward structure.
A further important concept to the team at DeFi Coin is an ongoing burning program. The overall supply of tokens is lowered when tokens are burned/destroyed. Particularly, when there are fewer tokens in circulation, the market value of the corresponding digital currency rises as a result. The tokens are burned by sending them to a burn address from where the tokens can never be retrieved back, and they are lost forever.
Moreover, the platform believes that one of the significant obstacles for decentralized exchanges is a lack of liquidity. This is because centralized operators continue to dominate the digital currency trading market. DeFi Coin has taken advantage of Automatic Liquidity Pools to solve this problem. Simply put, users can receive a predetermined rate of return when they deposit their digital currency holdings into Liquidity Pools.
In the platform's roadmap, the platform has already completed a few of its targets like developing and launching the website, getting listed on exchange platforms, the launch of DeFi Swap, etc.
We update our Defi Coin to USD currency in real-time. Get the live price of Defi Coin on Coinbase.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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