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Defi Coin


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About Defi Coin

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.

News about Defi Coin

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HUMANS, a pitching platform that helps fundable companies run fundraising campaigns, is welcoming Web3 and blockchain builders to onboard their open program — Web3 Builders Bootcamp. Embarking on a journey to build a Web3 project from scratch can be an enormous challenge, and starting on the righ...

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BeInCrypto • Mar 01, 24

Get Ready for SpaceCatch: Token Listing, Airdrop, and Beta Launch!

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Unchained • Mar 01, 24

SEC Commissioner Peirce Expresses Regret Over ‘Regulatory Ambiguity’ at ETHDenver

DENVER – In a fireside chat at ETHDenver on Thursday evening, SEC Commissioner Hester Peirce expressed regret that crypto developers have to dedicate their brainpower to dealing with how to overcome regulatory hurdles.  “There’s a lot of optimism here and I like hearing people being excited about...

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CoinDesk • Mar 01, 24

SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver

“What I reflect is the fact that you all are spending part of your brainpower” wondering how to avoid getting sued, she said during a panel at EthDenver.

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Decrypt • Feb 29, 24

'Otherside' Apes Come Home Event: Was It Worth Buying a $75K Bored Ape?

PREVIEW: Rug Radio creator Orangie went to the Otherside—and reported back from the Apes Come Home game event. Is it living up to the hype?

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BeInCrypto • Feb 29, 24

These Two Major Banks Are Now Offering Spot Bitcoin ETFs

Merrill and Wells Fargo join the cryptocurrency wave by offering spot Bitcoin ETFs. Explore how these banking giants are adapting to the market amidst Bitcoin's soaring prices and record-breaking trading volumes.The post These Two Major Banks Are Now Offering Spot Bitcoin ETFs appeared first on B...

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Defi Coin is on the decline this week.

The current price is $0.0025 per DEFC with a 24-hour trading volume of $2.98. Currently, Defi Coin is valued at 99.56% below its all time high of $0.57. This all-time high was the highest price paid for Defi Coin since its launch.

The current circulating supply of Defi Coin is 0 DEFC which means that Defi Coin has as total market cap of 0.


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 $2.98.

What other assets are similar to Defi Coin?

Assets that have a similar market cap to Defi Coin include SolDoge, Candy Pocket, GBOT, 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.

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