4.34% Hourly For 24h; 120% After 72 hours; 110% After 24 hours
Min/Max: 10 / 50000
Added: Oct 16th, 2020
Monitored: 44 days
Lifetime: 44 days
Decentralized finance is digital assets that work on the basis of blockchain technology, as well as cryptocurrencies like Bitcoin or Ether. But unlike the cryptocurrency payment systems Bitcoin and Ethereum, DeFi services use derived crypto assets — tokens. These are digital units issued on the basis of already working blockchain platforms like Ethereum. DeFi are tokens having the functions of traditional financial assets. An example is DAI tokens based on the decentralized Maker platform. The cost of DAI on the cryptocurrency exchanges is equal to $1, that is why this token is called a "dollar stablecoin".