DeFiChain (DFI) Project Overview + Fib. Levels

6. Nov. 2020

About DeFiChain

DeFi Blockchain is a decentralized blockchain platform specifically dedicated to enable fast, intelligent, and transparent decentralized financial services, accessible by everyone, everywhere.

Running on a proof-of-stake consensus mechanism, it features proven security and immutability by anchoring its most recent Merkle root to the Bitcoin blockchain every few minutes. The platform also features unparalleled high transaction throughput for all transactions, and reliable decentralized governance, on and off-chain.

The DeFi Foundation is located and incorporated in Singapore as a company limited by guarantee (resembling a foundation structure). The foundation is led by highly experienced blockchain experts Dr. Julian Hosp (chairman), and U-zyn Chua (CTO).

The DeFi Blockchain is designed for investors in the cryptocurrency market who are looking to make their cryptocurrency work just like any other form of capital, such that they can ensure a return on investment in any market.

Features of the blockchain include Decentralized: Lending, Wrapping of Tokens, Pricing Oracles, Exchanges, Transferable Debts and Receivables, Non-Collateralized Debt, Asset Tokenization, and Distribution of Dividends.

DFI can be stored on an exchange, or in a wallet, and staked with high staking rewards via staking pools / services like Cake Defi.

Source: Coinmarketcap.com
Website: defichain.com
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We know that Decentralized Finance (DEFI) is what is going on this year 2020...
This is where all the hype, excitement, and attention within the cryptocurrency markets are landing on...

Here you have the full overview of this project as well as the Fibonacci levels mapped.
(You can zoom out to see additional levels).

Thanks a lot for your continued support.

Namaste.


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