|All Time High:|
|Market Cap: |
|The price of #DFI today is $0.30 USD.|
The lowest DFI price for this period was $0, the highest was $0.297, and the current live price for one DFI coin is $0.29715.
The all-time high DFI coin price was $5.64.
Use our custom price calculator to see the hypothetical price of DFI with market cap of BTC or other crypto coins.
|The code for DeFiChain is #DFI. |
DeFiChain is 3.2 years old.
|The current market capitalization for DeFiChain is $223,411,742.|
DeFiChain is ranking upwards to #118 out of all coins, by market cap (and other factors).
|The trading volume is large during the past 24 hours for #DFI.|
Today's 24-hour trading volume across all exchanges for DeFiChain is $54,765,146.
|The circulating supply of DFI is 751,837,647 coins, which is 63% of the maximum coin supply.|
|Note that there are multiple coins that share the code #DFI, and you can view them on our DFI disambiguation page.|
Get Rewarded Through Our Bug Bounty Program
At DeFiChain, the security of our users is our number one priority. That’s why we’re looking to harness the value of security professionals as well as developers within the community. Our Bug Bounty program underscores our values and serves our mission in becoming the most trusted and transparent blockchain protocol that enables DeFi functionalities for the bitcoin blockchain. DeFiChain’s bug bounty program awards up to US$ 50,000 in DFI for vulnerabilities in the DeFiChain code.How to participate There are many ways to join the program to help find and identify vulnerabilities in the DeFiChain code. You can start by connecting to the DeFiChain testnet by running defid -testnet. Alternatively, you could also study our source code at GitHub. If you find a bug through interacting with our program and/or studying our source code, we can offer a bug bounty reward of up to USD 50,000 worth of DFI, provided that the issue is deemed significant, and you are able to provide useful info in regards to fixing or reproducing the issue. Be sure to study the code that is tagged for official releases, not the master branch or other code still currently under development.Submission Process Security is a sensitive issue, hence we encourage our users not to submit public issues regarding the security of the blockchain. We encourage users to use their own discretion — if you feel the issue is not something the public can easily exp...
The community has spoken: DFIP & CFP results
The DeFiChain community participated in the fifth round of voting and in this latest round they were able to vote on 2 DFIP proposals to further improve and decentralize the DeFiChain ecosystem, as well as on 10 community funding proposals (CFPs). The voting round/2106 started on 8 June 2021 and closed on 16 June 2021; a total of 2,713 votes across all 12 proposals have decided on the direction in which DeFiChain is heading. The following table shows the final results of the voting round/2106, with a total of 11 out of 12 proposals accepted. It was also the first time that the community rejected a proposal. The next voting round will take place at the end of July. We encourage every project to submit a new proposal on Github in order to participate in the next voting round. Optionally, you may also want to start a Reddit thread at https://www.reddit.com/r/defiblockchain for community discussions. The most important dates for the next voting round are the following:Proposal submission ends on Fri, 16.07.2021, 23:59:59 UTCVoting starts on Mon, 19.07.2021, 23:59:59 UTCVoting ends on Mon, 26.07.2021, 23:59:59 UTCResults announced on Tue, 27.07.2021 In the following, we’d like to present all the proposals that were successfully approved by the community.DeFiChain Improvement Proposals Two long term locks possibilities:Lock up collateral for 10 years in exchange for 2x (double) the block finding probability compared to a non-l...
Vive la révolution! We Struck Off The Foundation — Long Live Decentralization!
Vive la révolution! We Struck Off The Foundation — Long Live Decentralization!DeFiChain Foundation Limited, which was previously registered in Singapore, has been de-registered.In this next step to becoming fully decentralized with no on-chain governance, the DeFiChain project will be wholly run by you — the DeFiChain community.A new non-profit Foundation will be incorporated in the BVI to administer any admin tasks and DeFiChain’s intellectual property (IP) rights. FULL: It’s one small step for DeFiChain, one giant leap for decentralization! The DeFiChain team has completed the de-registration process of the DeFiChain Foundation Limited, which was previously registered under in Singapore (Company identification number 201937328C). Don’t worry, this is just a formality. Both Julian and U-Zyn will continue to promote and contribute to the growth of the project in support of the various initiatives undertaken by the DeFiChain project by investing their time and efforts to help it reach the goal of becoming the world’s leading blockchain in the decentralized finance space. However, they will no longer be directly nor formally affiliated with the new Foundation in terms of proposing the general direction of the project, justified by DeFiChain’s move towards full decentralization. Instead, future governance of DeFiChain and DeFiChain projects will be conducted by you — the community — through mas...
DeFiChain Community Projects
What would DeFiChain be today without a strong and forward thinking community — one determined to further push the decentralization efforts in order to become the number one DeFi protocol for financial applications. Back in Q1 we outlined our ambitions to convince more external developers to build their own dApps and programs on top of the DeFiChain blockchain by encouraging them to apply for funding via the community development fund. This fund, holding a bit more than 14m DFI and continually growing with each block, is reserved for community purposes only. Its sole objective is to incentivize developers and the greater DeFiChain community to participate in activities that are beneficial and supportive to DeFiChain’s long term goals. The following projects were the first to be successfully funded by the community development fund. These projects should not go unnoticed, because they offer considerable value to the community. If you are now also interested in starting a project in the DeFiChain ecosystem, please consider submitting a proposal too. If you’d like to know more about it, then feel free to interact with our active community on Telegram or Reddit. Originally published at https://blog.defichain.com on May 28, 2021.
How Crypto Assets Are Guaranteed on DeFiChain
In this five minute reading article, you’ll learn about:How DeFiChain currently handles the transfer of Bitcoins and other coins into its ecosystem.The future of sending Bitcoins and any other coins in a totally decentralized way into the DeFiChain ecosystem. Have you ever wondered why it is not possible to use Bitcoin directly on Ethereum, or why you can’t send Tether from your DeFiChain Wallet App directly to your Binance account? Well, the answer has to do with each coin’s limited interoperability on different non-native blockchains, where coins based on one network cannot be simply transferred to another network. Wrapped tokens are a remedy to circumvent this limitation to be able to use non-native tokens on multiple different blockchains.What Are Wrapped Tokens? A wrapped token is a tokenized version of another cryptocurrency which is pegged to the value of the identical asset it represents on a different network and can be redeemed for the unwrapped version of the token at any point in time. In the case of DeFiChain, this means that cryptocurrencies native to a blockchain other than DeFiChain have to be wrapped in order to represent it’s identical ‘genetic copy’ and facilitate trading on DeFiChain’s decentralized exchange. Another way to think about a wrapped token is to compare it to a stablecoin, which derives its value from another asset. In the case of a stablecoin like USDT, it’s the US-Dollar’s ...
DeFiChain is Minting Millionaires With Outrageously High Staking and Liquidity Mining Returns
The upcoming millionaire caste has more in common with the ‘degenerates’ from WallStreetBets heading for GME, XRP or Doge than with Wall Street gurus like Warren Buffett. Most of them funnel their retirement savings into cryptocurrencies such as Bitcoin, Ethereum or DeFiChain and are taunting the financial superstar investors for lacking so-called “diamond hands” and panic selling their stocks at the beginning of the pandemic.The Ordinary Joe Gets a Tesla Per Month For Free A fair bunch of them gather in Telegram chat rooms, vividly exchanging trading tips and mobilizing their peers to support and buy digital assets of all kinds. However, you can find them also in Telegram channels like the one of DeFiChain, where just recently someone wrote, “if I am not getting a Tesla from liquidity mining every month, then I am doing something wrong”. Decentralized finance (DeFi) is one of the hottest topics in the crypto world right now and DeFiChain is right in the middle and is playing in the same league with such prominent projects as Uniswap, Pancake Swap or Sushi Swap. Even though DeFi is still in the Wild West, blockbuster projects are already putting out their feelers to onboard big institutional investors. However, the space as a whole is still lacking a common standard to easily plug into the gazillion of Dollars sidelined in various financial channels of the traditional financial infrastructure. “We know there are...
Have Fun Staying Poor by Missing Out on Risk-Free Passive Income
The outcry “Gold! Gold! In the Klondike!” unfolded one of the greatest gold rushes in history. In 1897, an army of hopeful gold-seekers boarded ships in ports along the East Coast of the US and headed north toward the vision of riches to be had for the taking. Most of them were uneducated day laborers, blindly following rumors, they weren’t able to verify, just to hit the promised golden jackpot. A few made it, most didn’t.The Sooner You Know About Risk Free Passive Income The Better Little has changed over the last two centuries. People are still looking for the quick bucks, following the Bitconnects and Safemoons of today and wondering why they don’t make it. For most of them, pursuing a long term investing strategy, which also incorporates ways to let your money work for you, isn’t part of their mindset, which makes them miss out big on risk-free cash flow opportunities. As the word cash flow implies, money is regularly hitting your account — like passive income — making it the perfect vehicle for the magic of compound interest: The more frequently your money earns interest, the faster and bigger your balance will grow. As interest is added to your account, you earn interest on the original balance, plus the previously earned interest. As a result, your total capital will grow much faster than if you would compare it to simple interest (see Figure 1). Using and investing in DeFiChain kills two bir...
Upside & Risks of an Investment in DeFiChain (DFI)
DeFiChain was the best performing new blockchain of 2020, and there is a strong case to be made that the value of the DFI Coin will continue to rise this year. But how much value growth potential does DeFiChain actually still have? And what are the risks associated with investing in DFI? We address these two fundamental questions in detail in this article. DeFiChain is a young crypto project that is less than a year old and has already taken the DeFi market on Bitcoin by storm. Since the summer of 2020, the DFI Coin — the native coin of DeFiChain — has already increased more than thirtyfold and many are now wondering if it can go even higher. In the following article, we will discuss the price potential and risks of investing in DFI. For this purpose, we will first take a closer look at the past performance of DFI before moving on to a realistic and potential future development. When it comes to the risks of investing in DFI, we will take a close look at the four main risks. Let’s start with the upside potential of an investment in DeFiChain — how much can still be earned from an investment? For this, we take a closer look at:Why & When the DFI Coin’s first sharp increase took placeWhy & When the DFI Coin could continue to appreciate much furtherWhat is a realistic and potential long-term price of the DFI Coin?How does DeFiChain compare to other alternative cryptocurrencies?Why & When ...
Pink Paper — Part II
Pink Paper — Part II In this five minute reading article, you’ll learn about: The first part of the Pink Paper was about the governance structure; the second part, deals with the technical aspect of DeFiChain and addresses questions concerning future use cases like decentralized tokenization, atomic swaps, interchain exchange or price oracles, to name just a few. These concepts, which are outlined in this article, will be introduced gradually over the next few weeks. Figure 1 gives an overview about the upcoming product launches. Do note that the dates are estimates and may divert from the actual release dates.Atomic Swaps and Interchange Exchange We published a detailed article on this topic a few weeks ago. Therefore, in this section, we’d like to give a brief summary of the development of atomic swaps and the interchain exchange (ICX). The development of both new products on DeFiChain has been smooth; the ICX is on the final stretch. Both products are now in their testing phases whereby our developers will try to simulate possible threats and attacks in order to be able to roll out a product that is safe and secure. In the last step, we will put both products through an external security audit and will also encourage our community to put them through their paces.Oracles An oracle is a data source used to bridge a smart contract to an external source. As such, it not only communicates with external data sourc...
Relazione sulla trasparenza Q1 2021
Al fine di dare alla nostra comunità e ai nostri partner piena trasparenza su ciò che sta accadendo davanti e anche dietro le quinte di DeFiChain, vorremmo pubblicare il nostro rapporto trimestrale del consiglio. Si prega di notare che questa è una traduzione — la versione originale inglese può essere trovata qui. Per ulteriori informazioni, visitare: https://www.defichain.comVideo del rapporto sulla trasparenza del quarto trimestre: Unisciti a noi LIVE su Remo domani per una discussione interattiva del Q1 Transparency Report il 17 aprile 2021 alle 14:00 CET (ora italiana). Evento Remo Una registrazione della sessione dal vivo sarà incorporata qui sotto non appena sarà pronta. https://medium.com/media/c564e86920e46c7f36439359dfaf0851/href Speriamo che apprezziate gli approfondimenti! Grazie per il vostro sostegno e buona lettura! :)1. FINANZARevisione dell’ultimo trimestre Fondi della fondazione: https://explorer.defichain.io/#/DFI/mainnet/address/dJEbxbfufyPF14SC93yxiquECEfq4YSd9L = 273,714M DFI Parte di questi fondi sono stati utilizzati per aumentare le ricompense del mining della liquidità, che è stato approvato dai masternodes.Fondo di sviluppo comunitario: https://explorer.defichain.io/#/DFI/mainnet/address/dZcHjYhKtEM88TtZLjp314H2xZjkztXtRc = 12.6M DFI ● DeFiChain è stata sviluppata senza alcun finanziamento esterno e DeFiChain non ha pagato nessuno per il suo sviluppo. ● Il costo annuale di DeF...
More DeFiChain (#DFI) News
|Defichain Co-Founder: FTX's Collapse Has Rekindled Interest in Defi and ...
According to Julian Hosp, co-founder of the decentralized finance entity Defichain, the fall of the crypto exchange FTX and the domino effect it has had may have rekindled interest in decentralized finance (defi) and associated products. Hosp, however, conceded that the crypto exchange's dramatic collapse also encourages regulators to adopt a harder line when dealing with crypto entities.Decentralized Finance Takes Center Stage
While the massive failure of crypto exchange FTX and the chaos that followed is likely to embolden hardline regulators, experts like Julian Hosp of Defichain believe the ensuing loss of trust in centralized institutions will likely rekindle user interest in decentralized finance (defi) and associated products. For users who still believe in cryptocurrency’s value proposition — a viable alternative to centralized finance — Hosp said such individuals are likely to switch to self-custody.
As reported by Bitcoin.com News, many users — seemingly spooked by the sheer scale of FTX’s misuse of client funds — have been removing their assets from centralized crypto exchanges. In some cases, the unusually high volumes of withdrawal requests have seen exchange platforms (including FTX before its collapse) struggle or fail to process these in time.
In contrast, defi platforms like Uniswap and Defichain have seen their respective traded volumes spike in the same period. To illustrate, Uniswap posted a tweet on Nov. 14 which indica...
|DeFiChain's DFI Token Starts Trading on the Gate Io Exchange
[PRESS RELEASE - Singapore, Singapore, 26th September 2022]
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, today announces the listing of its DFI token on Gate.io, one of the world’s leading cryptocurrency exchanges. This is a major step in DeFiChain’s mission to make DFI accessible to investors worldwide.
Gate.io is one of the world’s biggest exchanges 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 26th. Initially, it will trade against USDT, though Gate.io could bring a DFI-BTC pair as well in the near future. The native version of DFI will become available on the platform in late October.
Buying the token on Gate.io will enable users to transfer DFI to any compatible wallet the user wants. It gives users access to the entire DeFiChain ecosystem including decentralized stock tokens. The DFI token is also available for trading 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 extremely happy that the DFI token can now be traded on Gate.io and more and more people are able to access the no. 1 DeFi blockchain on Bitcoin.” said Benjamin Rauch, VP Marketing DeFiChain Accelerator.
The DFI token opens up the...
|DeFiChain Adds New dTokens Corresponding to Disney, Intel, MicroStrategy...
[PRESS RELEASE - Singapore, Singapore, 7th April 2022]
The four new decentralized tokens will give users price exposure, not ownership, to the underlying stocks and ETFs without any restrictions.
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is thrilled to announce that it has added four new decentralized assets aka dTokens following a Ticker Voting by the community. In the DeFiChain ecosystem, the community decides which dTokens will be added next.
The newly added dTokens are:
dDIS - Walt Disney Co
dMCHI - iShares MSCI China ETF
dMSTR - MicroStrategy Incorporated
dINTC - Intel Corporation
DeFiChain users will now be able to mint and trade the above dTokens. These four assets received the most support from the community members. Other options they could vote on included Mastercard Inc, Nintendo Co LTD, PayPal Holdings Inc, Twitter Inc, Uber Technologies Inc, and more.
The addition of new dTokens marks a major step towards enabling DeFi users to benefit from the price appreciation of traditional assets such as stocks, bonds, commodities, ETFs, etc. DeFiChain already offers dTokens corresponding to the S&P 500, Tesla, Apple, Alibaba, GameStop, Nasdaq 100, Nvidia, Amazon, Microsoft, Netflix, Meta, and many other stocks and ETFs.
“DeFiChain is continuously expanding the dToken universe to give users a serious alternative to the traditional financial broker - all w...