Defi For You DFY price:

$0.000231 (+1.73%)
1h-0.10%
24h+1.73%
Week+13.36%
Month+36.20%
Year-74.30%
ETH 0.07840 (+3.97%)
BTC 0.08214 (+4.03%)
$0.000204 24h Range $0.000279

Defi For You (DFY) Metrics

Basic info
Asset type
Contract Address
Explorers
Market Cap Rank 2012
$131,755.00 BTC 1.000000
All Time High
$0.194964 23 Aug 21 % to ATH (84,453.96%)
Volume (24h) Rank 3498
$84,676.77 BTC 0.789219
Circulating Supply
571,416,467 Total:846,416,467

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About Defi For You

Defi For You, often referred to by its symbol DFY, operates as a decentralized lending and borrowing protocol within the burgeoning decentralized finance, or DeFi, landscape. Its primary objective is to facilitate peer-to-peer, or P2P, financial interactions, enabling users to directly borrow and lend digital assets without the need for traditional intermediaries like banks or centralized financial institutions. By leveraging blockchain technology and smart contracts, Defi For You aims to provide a transparent, secure, and accessible alternative for financial services globally. The platform distinguishes itself by offering a flexible and user-driven approach to collateralized loans. Borrowers on Defi For You can secure loans by providing various cryptocurrencies as collateral, ensuring that the loan is backed by digital assets held in escrow through immutable smart contracts. Lenders, in turn, can offer their digital assets to earn interest, with the terms of the loan, including interest rates and repayment schedules, being mutually agreed upon by the participating parties. This direct interaction between borrowers and lenders fosters a more efficient and customizable lending environment compared to conventional financial systems. The use of smart contracts automates the entire loan process, from collateral locking to fund disbursement and repayment, enhancing both security and trust. The DFY token is the native utility token underpinning the Defi For You ecosystem. It plays a crucial role in the platform's economic model and user incentives. Holders of DFY tokens can utilize them for various purposes, including paying reduced transaction fees for services on the platform, potentially accessing premium features, or participating in staking mechanisms to earn rewards. While the primary emphasis is on utility, the token also aligns user interests with the growth and success of the platform, as its value can be influenced by the increasing adoption and activity within the Defi For You protocol. By democratizing access to lending and borrowing services and emphasizing decentralization, Defi For You is contributing to the broader vision of a more inclusive global financial system. Its focus on security through blockchain-powered escrow, coupled with user flexibility in setting loan terms, positions it as a relevant player for individuals and entities seeking efficient and censorship-resistant financial solutions in the digital asset space. The project strives to make decentralized finance both approachable and beneficial for a wider audience.

Defi For You [DFY] is a token based on BNB blockchain. The most actual price for one Defi For You [DFY] is $0.000231. Defi For You is listed on 3 exchanges with a sum of 7 active markets. The 24h volume of [DFY] is $84 676.77, while the Defi For You market cap is $131 755 which ranks it as #2012 of all cryptocurrencies. You can find more information about Defi For You [DFY] on defi.com.vn

DFY Markets

# Exchange Pair Volume (24h) Price Volume (%) Category Fee Type Updated
1 $83 718.16$0.00023198.870000%SpotPercentage1 minute ago
2 $881.33$0.0002361.040000%SpotPercentage1 minute ago
3 $63.16$0.0002380.070000%SpotPercentage1 minute ago
4 $8.90$0.0002370.010000%SpotPercentage1 minute ago
5 $5.16$0.0002410.006000%SpotPercentage1 minute ago
Show more markets...

News All News

Defi For You Basics

Hardware wallet Yes
Website
Source code
Asset typeToken
Contract Address
Explorers (1)
Tags
  • Binance Coin (BNB) Token (BEP-20) (12888)

Frequently Asked Questions

Frequently Asked Questions

Get more info about Defi For You Cryptocurrency
  • How to buy Defi For You? How can I buy the Defi For You coin? Defi For You stock how to buy? How to get Defi For You?

    To find out where you can buy currency Defi For You see the list of available exchanges.

  • Where to trade Defi For You?

    Click here to see the list of available exchanges for Defi For You.

  • Defi For You, often referred to by its symbol DFY, operates as a decentralized lending and borrowing protocol within the burgeoning decentralized finance, or DeFi, landscape. Its primary objective is to facilitate peer-to-peer, or P2P, financial interactions, enabling users to directly borrow and lend digital assets without the need for traditional intermediaries like banks or centralized financial institutions. By leveraging blockchain technology and smart contracts, Defi For You aims to provide a transparent, secure, and accessible alternative for financial services globally. The platform distinguishes itself by offering a flexible and user-driven approach to collateralized loans. Borrowers on Defi For You can secure loans by providing various cryptocurrencies as collateral, ensuring that the loan is backed by digital assets held in escrow through immutable smart contracts. Lenders, in turn, can offer their digital assets to earn interest, with the terms of the loan, including interest rates and repayment schedules, being mutually agreed upon by the participating parties. This direct interaction between borrowers and lenders fosters a more efficient and customizable lending environment compared to conventional financial systems. The use of smart contracts automates the entire loan process, from collateral locking to fund disbursement and repayment, enhancing both security and trust. The DFY token is the native utility token underpinning the Defi For You ecosystem. It plays a crucial role in the platform's economic model and user incentives. Holders of DFY tokens can utilize them for various purposes, including paying reduced transaction fees for services on the platform, potentially accessing premium features, or participating in staking mechanisms to earn rewards. While the primary emphasis is on utility, the token also aligns user interests with the growth and success of the platform, as its value can be influenced by the increasing adoption and activity within the Defi For You protocol. By democratizing access to lending and borrowing services and emphasizing decentralization, Defi For You is contributing to the broader vision of a more inclusive global financial system. Its focus on security through blockchain-powered escrow, coupled with user flexibility in setting loan terms, positions it as a relevant player for individuals and entities seeking efficient and censorship-resistant financial solutions in the digital asset space. The project strives to make decentralized finance both approachable and beneficial for a wider audience.

  • Defi For You is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.

  • What is the value of Defi For You coin?

    1 Defi For You is worth $0.000231.

  • To get price and historical data for Defi For You coin, use API ID: dfy-defi-for-you for endpoints at http://api.coinpaprika.com.

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