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Defi Coin


3/21/2023, 12:42:57 AM

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Defi Coin is on the rise this week.

The price of Defi Coin has risen by 7.33% in the past 7 days. The price declined by 2.40% in the last 24 hours. In just the past hour, the price shrunk by 0.21%. The current price is $0.0312 per DEFC. Defi Coin is 94.50% below the all time high of $0.57.

The current circulating supply is 0 DEFC.


What is DeFi Coin (DEFC)?

The DeFi Swap is a decentralized exchange platform. The platform aims to eliminate the need for users to go to a centralized third party, allowing them to exchange value directly with other market participants. The system is supported by a native digital currency, DeFi Coin (DEFC), to achieve its decentralized goals. The token is primarily used for Reflection, LP Acquisition, and Burn. This coin is based on the Binance Smart Chain and can be transferred from one wallet to another.

According to its website, day trading has the unintended consequence of volatility and huge price swings. To address this, DeFi Coin token holders are encouraged to keep their tokens for a long time; therefore, the holders are rewarded static reflections for holding the tokens. Further, the transactions are taxed at 10 percent. Five percent of this tax amount is distributed to existing DeFi Coin token holders. The remaining 5 percent is used to supply liquidity to decentralized exchange services. Also, users who hold DeFi Coins have the opportunity to receive dividends through a fixed reward structure.

A further important concept to the team at DeFi Coin is an ongoing burning program. The overall supply of tokens is lowered when tokens are burned/destroyed. Particularly, when there are fewer tokens in circulation, the market value of the corresponding digital currency rises as a result. The tokens are burned by sending them to a burn address from where the tokens can never be retrieved back, and they are lost forever.

Moreover, the platform believes that one of the significant obstacles for decentralized exchanges is a lack of liquidity. This is because centralized operators continue to dominate the digital currency trading market. DeFi Coin has taken advantage of Automatic Liquidity Pools to solve this problem. Simply put, users can receive a predetermined rate of return when they deposit their digital currency holdings into Liquidity Pools.

History of Defi Coin (DEFC)

In the platform's roadmap, the platform has already completed a few of its targets like developing and launching the website, getting listed on exchange platforms, the launch of DeFi Swap, etc.

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What is the current price of Defi Coin?

We update our Defi Coin to USD currency in real-time. Get the live price of Defi Coin on Coinbase.

What is the market cap of Defi Coin?

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

What is the all time high of Defi Coin?

The all-time high of Defi Coin is $0.57. This all-time high is highest price paid for Defi Coin since it was launched.

What is the 24 hour trading volume of Defi Coin?

Over the last 24 hours, the trading volume of Defi Coin is $442.04.

What other assets are similar to Defi Coin?

Assets that have a similar market cap to Defi Coin include LESLARVERSE, GoMeat, Vision Metaverse, and many others. To see a full list, see our comparable market cap assets.

How many Defi Coin are there?

The current circulating supply of Defi Coin is 0.

Can I buy Defi Coin on Coinbase?

No, Defi Coin is not currently available on Coinbase, but you can sign up to get the latest news on Defi Coin and be notified when it gets added to our exchange.