KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies.
#Largest defi coins full
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#Largest defi coins software
Unlike most of the other DeFi projects that are built on the Ethereum network, DeFiChain is built on Bitcoin (as a software fork), and leverages Bitcoin’s security by anchoring to the bitcoin blockchain (via merkle root) every few minutes.īy dedicating the functionality of a blockchain specifically to decentralized finance, DeFiChain is able to provide high transaction throughput, reduced risk of errors, and intelligent feature development.
The DeFiChain Foundation’s mission is to bring DeFi to the Bitcoin ecosystem. It is DeFiChain’s mission to bring seamless and unrestricted access to a wide range of financial products and services in a completely decentralized system.ĭeFiChain is a blockchain platform dedicated to enable fast, intelligent, and transparent decentralized financial services. Buoyed by new innovations, the market is expected to experience continued significant growth this year, giving the industry an enduring appeal. The DeFi market has experienced exponential growth recently, with the total value locked now over $22 billion. “ We are pleased to join hands with DeFiChain and will continue to support it to unleash the power of Bitcoin, resulting in a blockchain that provides higher throughput and better functionality, specifically for DeFi.“ While most see Bitcoin as digital gold, its potential in building an ecosystem has long been neglected,” said Johnny Lyu, CEO at KuCoin Global. “ The value of Bitcoin has been recognised by a growing number of institutional investors in future global inflation. In addition, for the duration of the competition, DFI can be traded with a 50% discount on maker fees, and a 25% discount on taker fees on KuCoin, enabling participants to maximise their returns. The trading competition will commence at 10am UTC on Friday 22nd January, 2021 and will last one week until 10am UTC on Friday 29th January, 2021. The top 20 participants with the highest trading volume of DFI on KuCoin the chance to win a share of $20,000 in DFI. To celebrate the listing and as an added bonus for the crypto community, DeFiChain in partnership with KuCoin, will be launching a trading competition.
In just six months, our DFI asset has gone from $0.16 to $2.79, an increase of over 1500%! This is a clear indicator that there is real demand for DeFi amongst the masses and highlights that the path to a decentralised financial economy is just around the corner,” said Dr. “ Being listed on KuCoin - one of the most widely used cryptocurrency exchanges in the world - is a big breakthrough for DeFiChain. The digital asset listing on KuCoin signals DFI’s rapidly growing popularity in the market. The listing of its digital coin DFI on KuCoin follows a string of recent listings for DFI, including Bitrue and Bittrex. To celebrate the launch of the listing, KuCoin will be running a DFI trading competition from tomorrow, Friday 22nd January until Friday 29th January, offering participants the chance to win from a prize pool of $20,000.ĭeFiChain marked a momentous milestone earlier this month, with DFI achieving a $1 billion market capitalisation, making it one of the top 10 DeFi coins by market cap.
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