Source: blockchain.news
Singapore, Singapore, Sep 26, 2022, Chainwire
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to providing decentralized financial services and applications for all, today announces the listing of its DFI token on Gate.io, one of the world’s leading cryptocurrency exchanges. This is an important step in DeFiChain’s mission to make DFI accessible to investors around the world.
Gate.io is one of the largest exchanges in the world and supports the most cryptocurrencies of any exchange. The DFI token (ERC-20 version) will start trading on Gate.io at 10am UTC on September 26. Initially, it will trade against USDT, although Gate.io could also bring a DFI-BTC pair in the near future. The native version of DFI will be available on the platform at the end of October.
Purchasing the token on Gate.io will allow users to transfer DFI to any compatible wallet the user wishes. It gives users access to the entire DeFiChain ecosystem, including decentralized equity tokens. The DFI token is also available to trade on Huobi, Kucoin, Bybit (ERC-20 format), Bittrex, Bitrue, and Hotbit. Each additional listing makes it easier for investors to enter the world of native decentralized finance on DeFiChain.
“We are very happy that the DFI token can now be traded on Gate.io and more and more people can access the no. 1 Bitcoin DeFi blockchain.” said Benjamin Rauch, VP of Marketing at DeFiChain Accelerator.
The DFI token opens the world to the DeFiChain ecosystem. It is at the center of all activities on the DeFiChain blockchain, including:
- Liquidity supply in multiple pools
- Stakeout for Consensus and Blockchain Security
- As collateral to mint or borrow equity tokens and the dUSD stablecoin
- Like a reward token
- As a DeFiChain governance token
As the only blockchain to offer decentralized assets on the Bitcoin network, DeFiChain offers users flexibility and benefits of decentralization. Users can mint and trade dTokens to gain price exposure to stocks and ETFs without leaving the DeFi ecosystem. They can also buy dTokens, even in fractional pieces, on the DeFiChain DEX.
DeFiChain is a fully decentralized blockchain with on-chain governance. Since its launch on the mainnet in May 2020, the project has seen enthusiastic community participation in almost every aspect of the blockchain, from masternodes, projects, tools, governance, economic ideas to code governance. Its code base has been developed in an open source manner and has been extensively peer-reviewed and discussed by many.
About DeFiChain
DeFiChain is a decentralized proof-of-stake blockchain created as a hard fork of the Bitcoin network to enable advanced DeFi applications. It is dedicated to enabling fast, smart and transparent decentralized financial services. DeFiChain offers liquidity mining, staking, decentralized assets, and decentralized lending. The mission of the DeFiChain Foundation is to bring DeFi to the Bitcoin ecosystem.
For more information visit: Website | Twitter | Discord | GitHub
Contact
- Benjamin Rauch
- press@defichain-ac.com
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