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Monday, September 20, 2021

DeFiChain Airdrop Review: Get Only $20 Worth of DFI Coins.

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About DeFiChain Airdrop

The DeFiChain Airdrop Foundation is developing DeFiChain, a blockchain specifically dedicated to decentralized financial applications. By focusing on the functionality of the blockchain and dedicating it specifically to decentralized finance, DeFiChain provides unparalleled high transaction throughput, reduced risk of errors, and intelligent feature development specifically for the fulfillment of financial services on the blockchain.

DeFiChain is a blockchain in particular committed to decentralized monetary applications. By focusing at the capability of the blockchain and dedicating it in particular to decentralized finance, the DeFi Blockchain offers remarkable excessive transaction throughput, decreased danger of errors, and shrewd characteristic improvement in particular to satisfy monetary offerings at the blockchain.

DeFiChain Airdrop has airdropped DFI to BTC holders in a 500 DFI in keeping with 1 BTC ratio lower back in September 2020. You can stake your DFI coins on Cake to earn 37% APY hobby rate. Cake is a platform that empowers you to be on top of things of your price range with the aid of using growing cashflow and harnessing the potentials of Decentralized Finance.

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Step No 1

Register for the DeFiChain Airdrop, by creating an account.

Step No 2

Verify your email & log in to your account.

Step No 3

Take part in the referral program and invite 3 friends.

Step No 4

Join DeFiChain on Telegram group & Telegram channel

Step No 5

Follow DeFiChain on Twitter & like/share the pinned tweet and tag 3 friends.

Step No 6

Like/follow DeFiChain on Facebook & like/share the pinned post.

The Problem

Today, almost all financial services are run by banks. Investments, for example, by definition, is the use of capital to earn more capital. Investors use a bank to put their money into interest or dividend-making instruments in order to grow their wealth. The problems with financial services are increasingly becoming obvious to everyone: compounded costs due to middle(wo)men, slow transactions, delays for cross-border transactions, and inaccessibility to many sectors of the population. A myriad of fintech solutions have been brought in to improve the system, but fundamentally the underlying banking system is still in control, so fintech has brought only limited improvements.

Cryptocurrency and Decentralized Finance (DeFi) offer a way to start with a new system, circumventing the difficulties faced in changing the finance industry. While crypto has attracted billions in investments, decentralized financial services are lagging. When it comes to investment in cryptocurrency, crypto investors can buy and sell, but that’s it. The cryptocurrency itself cannot be invested in the same way fiat currency can be. Initial attempts to create peer-to-peer lending and asset tokenization so far have proven partial and unreliable, so investors have extremely limited options when it comes to an investment of their cryptoassets. The potential is enormous to provide financial services in crypto, the same way they are offered in fiat currency.

The Solution

DeFiChain 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. DeFiChain is a dedicated non-Turing-complete blockchain, designed specifically for the decentralized finance (DeFi) industry. DeFi provides full functionality for this specific segment of the DLT community, sacrificing other types of functionality for simplicity, rapid throughput, and security.

The function set includes among others:

  • Decentralized lending
  • Decentralized wrapping of tokens
  • Decentralized Pricing oracles
  • Decentralized exchanges
  • Transferable debts and receivables
  • Decentralized Non-collateralized debt
  • Asset tokenization
  • Distribution of Dividends

Benefits of DeFiChain.

Variety

Wide range of crypto-economic financial operations.

Throughput

Unparalleled high transaction throughput for all transactions.

Security

Turing-incomplete for reduced attack vectors.

Development

Rapidly create a variety of DeFi apps on one chain.

Governance

Reliable decentralized governance, on and off-chain.

Immutability

Immutable by anchoring to the Bitcoin blockchain.

Built-on-Bitcoin

DeFiChain marries the best of Proof-of-Stake, with the security and immutability of Bitcoin.

Decentralized and distributed

DeFiChain nodes are distributed globally across datacenters in the US, Canada, Europe, India, Singapore and Australia.

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