What is defi100 (DFI)?

DeFi100 is a digital asset with a capitalization that is based on the total DeFi industry market cap at the ratio of 1:100 billion. The process of rebasing takes place when the spot price of DeFi100 is not in balance with its target price.

What is a Defi coin?

A DeFi coin is much like a digital version of a fiat coin — it transfers value in the course of a financial transaction. DeFi coins are built on and often named for their unique, native blockchain networks. In spring 2021, Maker, Compound, Uniswap, Aave, Chainlink, and Ankr are among the most popular DeFi coins.

What is a decentralized COIN (DFI)?

The word decentralized means that it is not being regulated or managed by any central entity. The technology is based on blockchain and is also used as the basis of many coins being traded like Uniswap and Safemoon. In a DeFi, the transactions are held by several entities that hold copies of them and verify and process them too.

What is Twitter defi100?

DeFi100 joined Twitter in November 2020, so it’s a cryptocurrency that has joined the market relatively recently. Other cryptocurrencies such as Bitcoin were formed in 2009, while Litecoin was released in 2011 and Dogecoin, 2013.