Bitcoin DeFi Provider DeFiChain Launches New dTokens

Four additional decentralized tokens are available on DeFiChain’s DEX. DeFiChain offers users price exposure to their preferred assets without geographical

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Leading Bitcoin DeFi provider, DeFiChain, Introduces New dTokens to its DEX

Singapore, October 06, 2022: DeFiChain, a Bitcoin based DEFI solution, added 4 new decentralised tokens to its DEX. With the launch of the new tokens, traders from any part of the world can now have an exposure to the world financial market like Walmart ($dWMT), Unilever ($dUL), US Oil Fund ($dUSO) and US Gas Fund […]

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DeFiChain (DFI Token) Gets Listed On Gate.io Crypto Exchange

DeFiChain (DFI token) has been listed on Gate.io, one of the most renowned cryptocurrency platforms worldwide. This is an important step toward DeFiChain’s objective of opening up DFI to investors worldwide. DFI began trading on Gate.io on 26th of September, 2022 at 10AM UTC. Seventh largest crypto exchange by volume, Gate.io allows users to trade […]

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Gate.io lists DeFiChain’s DFI token

Crypto exchange Gate.io has listed the native token in the decentralised finance ecosystem DeFiChain.

As noted in a press release sent to Invezz, the listing and trading of DFI on Gate.io went live on 26 September 26 10 am UTC. The cryptocurrency exchange will initially offer a USDT trading pair, with the DFI-BTC pair set for support later.

Support for DFI on Gate.io is another milestone for DFI as it becomes available on more cryptocurrency exchanges. Top crypto exchanges and trading platforms that offer DFI trading pairs, include Huobi (support added in July), KuCoin and Bybit.

DeFiChain is a unique project, a pioneering blockchain in the quest to offer seamless access to decentralised assets on the world’s largest Proof of Work blockchain Bitcoin.

On DeFiChain, users can enjoy all the benefits of decentralised finance, which includes minting new decentralised tokens, dTokens, and trading within the growing DeFi ecosystem. ( Find more about dTokens here and here.)

Once a user buys DFI on Gate.io, they can transfer them to any compatible wallet, and continue to benefit from its use across the ecosystem.

Although mainly used for transaction fees and governance mechanisms, crypto traders can also leverage the DFI token to mint or lend stock tokens among other functionality such as liquidity pools and staking.

Notably, users can use dTokens to access price exposure of assets such as equities and exchange-traded funds (ETFs). Fractional purchases of dTokens is also available on the DeFiChain DEX.

The DeFiChain project launched its mainnet in May 2020.

The post Gate.io lists DeFiChain’s DFI token appeared first on Invezz.

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DeFiChain adds Johnson & Johnson, DAX ETF, Adidas, and Goldman Sachs dTokens

DeFiChain, the world’s leading blockchain built on the Bitcoin network, has added four new decentralized tokens (dTokens). The newly added dTokens are based on the Johnson & Johnson stock, the Global X DAX Germany ETF, the Adidas stock, and Goldman Sachs stock.

Besides having extra dTokens to trade, DeFiChain users will also be able to trade a dToken that is based on a German Exchange Traded Fund (ETF) – the Global X DAX Germany ETF – for the first time. The DAX ETF.

DeFiChain is the only blockchain that currently offers decentralized assets on the Bitcoin network and it is dedicated to bringing decentralized finance (DeFi) applications and services to everyone. It is continuously expanding the dToken space with dTokens based on different assets including stocks and ETFs as seen with the newly added tokens.

The newly added dToken shall be denoted as follows:

• $dJNJ – based on the Johnson & Johnson stock
• $dDAX – based on the Global X DAX Germany ETF
• $dADDYY – based on the Adidas AG – ADR stock
• $dGS – based on the Goldman Sachs Group Inc. stock

The four new dTokens shall give DeFiChain users price exposure to the underlying stocks and ETFs without any restrictions. The dTokens will however not give the users ownership, voting rights, dividends, or other benefits available to stockholders since they are not “securities” issued by a company or a large institution.

Unveiling the four new decentralized tokens, Benjamin Rauch, VP of Marketing DeFiChain Accelerator said:

“The more assets available on DeFiChain, the easier it is to take control of your investments in a decentralized way. Without any involvement of central instances.”

Besides minting the dTokens, users will also be able to buy dTokens on the DeFiChain DEX.

Besides the newly added dTokens, DeFiChain already offers dTokens corresponding to S&P 500, Nvidia (NASDAQ:NVDA), Tesla (NASDAQ:TSLA), Apple (NASDAQ:AAPL), Meta, GameStop, Alibaba, Nasdaq 100, Amazon, Netflix, and Microsoft among many other stocks and ETFs.

The dTokens can either be held as an investment, used for liquidity mining on the DeFiChain DEX, or traded on the DEX.

DeFiChain users mint dTokens by depositing USDC, BTC, dUSD, and DFI as collateral in the DeFiChain vault.

The post DeFiChain adds Johnson & Johnson, DAX ETF, Adidas, and Goldman Sachs dTokens appeared first on Invezz.

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DeFi Chain Launches Bridge to Connect with BNB Chain

DeFiChain unveiled a new decentralized bridge — DeFiChain Bridge. This bridge helps to connect with the BNB Chain of Binance. ...

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Bitcoin’s DeFiChain adds tokens for Disney, Intel, MicroStrategy

DeFiChain announced on April 7 that four new decentralized assets, so-called dTokens, have been added to its ecosystem following a community vote.

The post Bitcoin’s DeFiChain adds tokens for Disney, Intel, MicroStrategy appeared first on CryptoSlate.

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Disney, MicroStrategy, Intel, iShares on DeFiChain dTokens List

DeFiChain lists out its new dTokens. This includes MicroStrategy, Intel, Walt Disney, and iShares MSCI China ETF. Earlier, the platform ...

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DeFi Chain Review 2022: Everything you need to Know

How would you earn steady income flow using Bitcoin and other cryptocurrencies? DeFiChain seems to be the solution! Merely using the cryptocurrencies effectively, you can create consistent additional income with it. DeFiChain is indeed a decentralized POS blockchain which is focused on decentralized financial apps. It enables the dApps to use bespoke transactions, often referred […]

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DeFiChain Price Prediction 2021 – Will DFI Hit $5.50 Soon?

Bullish DFI price prediction ranges from $3.05 to $5.21. The DFI price might also reach $5.50. DFI bearish market price

The post has appeared first on thenewscrypto.com

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DeFiChain (DFI) Collaborates With Nasdaq For Live Price Feeds

Digital assets joining hands with tech driven establishments together for further developments is nothing new to the crypto industry. However,

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Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the [...]

The post Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March appeared first on Crypto Breaking News.

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