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Monday, September 20, 2021

DFyn Airdrop Review: DFyn Is Multi-Chain DEX

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About DFyn Airdrop

DFyn Airdrop is a multichain AMM DEX currently functional on the Polygon network. Dfyn nodes on various chains act as liquidity entry and exit points into the cross-chain liquidity super mesh that is being enabled by Router Protocol. Dfyn is airdropping a total of 591,440 DFYN to early adopters of the platform. A snapshot was taken on May 1st, 2021 at 23:59:59 (UTC) and users who’ve either provided liquidity or have made a trade by the snapshot time will get 80 DFYN.

PlatformTotal ValueMax. ParticipantsWebsite
Polygon591,440 DFYNUnlimitedClick Here To Visit

Step No 1

Register for the DFyn 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 DFyn Airdrop on Telegram group & Telegram channel

Step No 5

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

Step No 6

Like/follow DFyn Airdrop Now, everyone can become a Airdrop on Facebook & like/share the pinned post.

How does Immutable X work?

Mission

In what is clearly looking like a multi-blockchain future, they are committed to establishing a thriving multi-chain ecosystem that includes a trustless decentralized exchange (DEX) coupled with an ultra-fast gasless automated market maker (AMM) which is optimized for the multi blockchain universe. By building a thriving multi-chain ecosystem, our mission is to onboard the next wave of crypto users into the DeFi world.

How Dfyn works?

DFyn Airdrop is building a network of DEXes across multiple Layer 1 and Layer 2 blockchains. This will allow Dfyn to plug into multiple liquidity sources across chains, including the cross-chain liquidity ecosystem being developed by Router Protocol.

Join & Get Involve

Bug Bounty & Program

Supporting developers, identifying attack vectors and growing stronger together.

Research Program

Funding research and development into crosschain protocols and applications.

Partnership Program

DFyn Airdrop would love to hear from projects, companies, teams and programmers that want to work with.

The Dfyn Ecosystem

With Dfyn nodes spread across multiple Layer 1 and Layer 2 blockchains, Dfyn will act as a multi-chain DEX. This will allow Dfyn to plug into a liquidity super-mesh, enabling users to perform their asset trades seamlessly on several blockchains from a single interface. Dfyn will also build a decentralized swap station to swap large assets natively like BTC, ETH, ADA in a non-custodial way.

  1. Dfyn will utilize Router Protocol’s cross-chain bridges to seamlessly allow communication and value-transfer between different Dfyn nodes
  2. An ultra-fast gasless AMM optimized for the multi blockchain universe, Dfyn AMM will address traditional AMM issues, such as impermanent loss, as well as provide enhanced trader analytics.

Dfyn’s first-of-its-kind Layer 2 launchpad will allow creators to:
• launch tokens on multiple chains
• get listed on Dfyn
• initiate farming plays and vesting with no code tools
• stake contracts on Dfyn
• undertake creatively designed Layer 2 IDO strategies in the absence of high ETH fees

Dfyn as a DEX

DFyn Airdrop working as a DEX is quite similar to that of Uniswap. However, unlike Uniswap, where users can only exchange Ethereum-based assets, users of the Dfyn exchange will be able to perform asset exchanges atop multiple blockchains.

Dfyn as an AMM

Whenever a user request is received for a particular asset trade on a particular blockchain, Dfyn’s AMM requests Router to traverse not only through the same blockchain but also through different blockchains and their AMMs to fulfill the order at the right prices with the least slippage. For example, let us say, Router finds a better ETH/USDT price on a venue on the Solana blockchain instead of Uniswap on Ethereum, so Router will try to fill that order from Solana .

Governance

The holders of the DFYN token will be able to use their tokens to take part in Dfyn’s governance by voting on Dfyn’s proposals concerning protocol amendments and upgrades. Although the specifics in regard to the voting mechanism have not yet been finalized, it is expected that each holder’s votes will be weighed against the amount of DFYN tokens held by them.

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