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About DeFIL

DeFIL aims to be a decentralized lending and financial service platform for the Filecoin ecosystem. Filecoin refers to a peer-to-peer storage network that seeks to ensure that the data files are stored securely and reliably. In addition, the DeFIL network works toward bridging the gap between the primary and secondary markets of Filecoin. Several miners can participate in FIL (the native token of Filecoin) mining while FIL token holders seek to gain profits.

The positioning for DeFIL is set to Filecoin Decentral. The DeFIL protocol allows network miners to obtain Filecoin to facilitate mining and hedge risks via FILST (Filecoin Standard Hashrate Token). At the same time, DeFIL enables its users to enter FIL mining just by purchasing a token rather than participants in mining hardware.

FILST implies a computing power NFT (non-fungible token) designed explicitly for the DeFIL ecosystem. In other words, FILST is a standardized computing power token, and it is issued in a decentralized form via special smart contract protocols. FILST, being the standardized token of FIL, can be utilized in multiple ways such as for zero cost market transactions, to borrow, and to seek to obtain FIL output income. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

In addition, the DeFIL protocol has been deployed on three market-leading chains, including Ethereum, Binance Smart Chain (BSC), and Arbitrum. Arbitrum is a network that allows Ethereum users to settle their transactions away from the platform chain. This deployment provides the network users with standard computing power token issuance and DeFi (decentralized finance) lending services for Filecoin.

The token ticker for DeFIL is DFL, and DFL is issued in the original Ethereum (ETH) format to facilitate the multichain deployment of DeFi.

The initiation of the DeFIL protocol was led by a few well-known mining pools of the Filecoin ecosystem. The contribution and fundings of these market-leading institutions are the pillars for the safety and sustainability of the DeFIL project.

DeFIL deployment on Ethereum took place on November 20, 2020, and the network token, DFL, has a total supply of 81,321,405 DFLs.

Market

Australia Market Stats

Market cap

-

Volume (24h)

A$30,217.35

Circulating supply

-

All time high

A$1.00

Australia Market performance

Price change (1h)

-0.15%

Price change (1d)

-4.46%

Price change (1w)

-5.7%

Price change (2w)

+3.22%

Price change (1m)

+0.77%

Price change (1y)

+74.69%

Australia News about DeFIL

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Dorsey’s Block to invest 10% of bitcoin profits into BTC each month, shares rise on Q1 earnings beat

Jack Dorsey's Block will be investing 10% of its gross profit from bitcoin products into bitcoin purchases and will open-source its treasury.

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Unchained • May 02, 24

Eigen Foundation to Allocate an Additional $1,000 in EIGEN Tokens to Over 280,000 Users

The Eigen Foundation announced Thursday that it will allocate an additional 100 EIGEN tokens, currently worth about $1,000, to more than 280,000 users in an effort to increase the accessibility of its token for early adopters and respond to community criticism of specific details of EigenLayer’s ...

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Decrypt • May 02, 24

Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked

Jito Network became the top DeFi protocol on Solana, with liquid staking pool token JitoSOL rising by 8.5%.

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DeFIL is on the decline this week.

The price of DeFIL has decreased by 0.15% in the last hour and decreased by 4.46% in the past 24 hours. DeFIL’s price has also fallen by 5.70% in the past week. The current price is A$0.0064 per DFL with a 24-hour trading volume of A$30.22K. Currently, DeFIL is valued at 99.36% below its all time high of A$1.00. This all-time high was the highest price paid for DeFIL since its launch.

The current circulating supply of DeFIL is 0 DFL which means that DeFIL has as total market cap of 0.

FAQ

What is the current price of DeFIL?

We update our DeFIL to AUD currency in real-time. Get the live price of DeFIL on Coinbase.

What is the market cap of DeFIL?

The current market cap of DeFIL is A$0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of DeFIL?

The all-time high of DeFIL is A$1.00. This all-time high is highest price paid for DeFIL since it was launched.

What is the 24 hour trading volume of DeFIL?

Over the last 24 hours, the trading volume of DeFIL is A$30.22K.

How many DeFIL are there?

The current circulating supply of DeFIL is 0.

Can I buy DeFIL on Coinbase?

Yes, DeFIL is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy DeFIL guide.