What is Defi coin (DEFC)?

DeFi Coin (DEFC) is the native digital token of DeFi Swap - a decentralized exchange that supports instant conversions, yield farming, staking, and other interest-based services. DeFi Coin operates on top of the Binance Smart Chain (BSC), which means that transactions are facilitated in a fast and extremely cost-effective manner.

What is the Dai coin?

For those unaware, the alternative financial market of cryptocurrencies and DeFi coins is famously volatile. For those who are looking to avoid price fluctuations, the DAI coin might be of interest. In a nutshell, this DeFi crypto coin is built on the Ethereum blockchain and has its value pegged to that of the US dollar.

What is defi and how does it work?

DeFi stands for “decentralized finance” and it’s a subset within the larger cryptocurrency space. DeFi is used to describe a class of financial products — such as apps and “protocols” which are basically autonomous computer programs — that are built on blockchain and governed by smart contracts.

How to earn interest on Defi coin?

Cryptocurrency investors are, generally speaking, rewarded in the long run through patience– not only in terms of capital gains, but earning interest on your idle crypto investments. A core offering of DeFi Coin is the ability to stake DEFC on the DeFi Swap exchange. In fact, if opting for a 365-day staking term, you will earn an APY of 75%.