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When we talk about the crypto industry, decentralized finance is undoubtedly in the mainstream. Smart contracts have improved the efficiency of cryptocurrencies, making almost all bank activities possible on the blockchain.
Being afraid that your bank account could be blocked overnight “just because” is now history. With no centralized entity managing your assets, lending money is now a quicker process – and a safer one too.
And Defiqa knew exactly what to do to bring DeFi even further.
First of all, what is DeFi?
DeFi is an innovative financial ecosystem built on blockchain technology, developed as a substitute for traditional banking services. It began as a series of projects offering loans or leveraged trading.
Earlier this year, Decentralized Finance hit a market cap of $45 billion due to the development of tens of investment applications – such as stablecoins or prediction markets.
It is a massive benefit to those who usually don’t have access to standard banking services or who just don’t want to deal with hundreds of intermediaries.
Why Defiqa?
It is true that Defiqa is not the only DeFi company out there and certainly not the last, but it stands out on various levels.
First of all, it is backed by experts in FinTech, cybersecurity, and capital markets, under Mahe Adrien and Mark Price’s leadership.
Secondly, its token was created using a multi-tier model, generating more value from permissionless innovation.
Finally, their roadmap shows their dedication and pure passion for the crypto business, striving for a more robust financial economy. By the end of 2021, they plan to launch governance staking and even integrate DFI on Ethereum on-chain DEXes, continuing to refine their current features.
What is a DFI token?
The DFI token is the latest cryptocurrency developed by Defiqa, based on the ERC-20 protocol. This token opens the doors to the Defiqa ecosystem, making traditional banking and wealth management services completely decentralized.
That means lending markets, vaults, and even yield farming activity. Using these tokens also brings:
- A full-stack DeFi protection – since the Defiqa’s security covers a multi-layer stack;
- Faster and low-cost trading activities;
- The right to vote on proposals on the Defiqa platform;
- Staking rewards.
The presale started on February 1st, and it can last until April 1st. You can join the presale on their website or wait for the token to be listed on Uniswap.
For more information about the presale and the project, check out Defiqa’s official website or its social media channels:
Website: https://defiqa.com/
Telegram: https://t.me/defiqanews
Twitter: https://twitter.com/defiqa3
Youtube: https://studio.youtube.com/channel/UCTYi3epn-YYLXtVOLdKWCbw
