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Author: Admin | 2025-04-28
Vote on DFIPs. Every masternode has a single vote, and voting happens on Github – an open protocol for programming data. Through this governance model, the team believes DeFiChain will likely grow in line with the best interests of its community. Who Created DeFiChain?DeFiChain was conceived through the friendship of two individuals: U-Zyn (an earlier Bitcoin user and exchange co-founder) and Julian Hosp (a healthcare specialist and successive businessperson). When Julian and U-Zyn first met in 2016 for coffee, they clicked well, particularly regarding their deep interest in blockchain technology. Though they rarely communicated throughout 2017, they reunited in 2018 and co-founded DeFiChain in 2019. Julian is currently the DeFiChain CEO, while U-Zyn is the chief technology officer (CTO). The DeFiChain Coin: DFIDFI token is the native currency of the DeFiChain ecosystem, fueling all its activities. Currently, DFI has a circulating supply of almost 600 million and a maximum supply of 1.2 billion. It also has a TVL of over $600 million. Here is a list of markets to trade DFI, including Kucoin, Bittrex, and Huobi Global.DFI token’s utility spans from fee payment for network transactions and smart contracts to governance voting: Fee payment for DEX transactions Fee payments for asset transfers Collateral for borrowing assets on DeFiChain Staking purposes Voting on governance proposals Source: DeFiChainDeFiChain didn't carry out public sale, initial coin offering (ICO), or initial exchange offering (IEO). Out of the maximum cap of DFI coins, 49% were issued at genesis, and 49% of the circulating supply was
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