About DeFiChain Airdrop
DeFiChain Airdrop is a blockchain specifically dedicated to decentralized financial applications. By focusing on the functionality of the blockchain and dedicating it specifically to decentralized finance, the DeFi Blockchain provides unparalleled high transaction throughput, reduced risk of errors, and intelligent feature development specifically to fulfill financial services on the blockchain.
DeFiChain has airdropped DFI to BTC holders in a 500 DFI per 1 BTC ratio back in September 2020. You can stake your DFI coins on Cake to earn 34.5% APY interest rate. Cake is a platform that empowers you to be in control of your finances by creating cashflow and harnessing the potentials of Decentralized Finance.
DeFiChain Airdrop and Cake DeFi are jointly airdropping $30 worth of DFI coins to new users. Create an account at Cake DeFi, complete your verification and deposit $50 worth of any coin to receive the rewards. Also get $10 worth DFI for each referral.
| Basic | Details |
|---|---|
| Token Name | DeFiChain Airdrop |
| Ticker | Own chain |
| Airdrop End | N/A |
| Estimated Value | $30 + ref |
| KYC | KYC Is Not Requirement |
| Whitepaper | Click Here To View |
| Max. Participants | Unlimited |
| Collect Airdrop | Click Here To Collect Free Airdrop |
Step-by-Step Guide:
- Create an account at Cake Defi.
- Verify your mail and log in.
- Complete your KYC verification.
- Now make a deposit worth $50 of any supported currencies.
- You will get $30 worth of DFI coins if you’ve signed up using the above referral link else you will get only $20 worth of DFI coins.
- Also get $10 worth of DFI for each referral.
- The rewards will be locked for 180 days in the Confectionery program but you will automatically earn 34.5% interest during this time.
The Post-Fintech Revolution
From trust-based to trust-less, decentralized finance overcomes what Fintech could not solve in traditional finance.
The Problem
Today, almost all financial services are run by banks. Investments, for example, by definition, is the use of capital to earn more capital. Investors use a bank to put their money into interest or dividend-making instruments in order to grow their wealth. The problems with financial services are increasingly becoming obvious to everyone: compounded costs due to middle(wo)men, slow transactions, delays for cross-border transactions, and inaccessibility to many sectors of the population. A myriad of fintech solutions have been brought in to improve the system, but fundamentally the underlying banking system is still in control, so fintech has brought only limited improvements.
Cryptocurrency and Decentralized Finance (DeFi) offer a way to start with a new system, circumventing the difficulties faced in changing the finance industry. While crypto has attracted billions in investments, decentralized financial services are lagging. When it comes to investment in cryptocurrency, crypto investors can buy and sell, but that’s it. The cryptocurrency itself cannot be invested in the same way fiat currency can be. Initial attempts to create peer-to-peer lending and asset tokenization so far have proven partial and unreliable, so investors have extremely limited options when it comes to an investment of their cryptoassets. The potential is enormous to provide financial services in crypto, the same way they are offered in fiat currency.
The Solution
DeFiChain is designed for investors in the cryptocurrency market who are looking to make their cryptocurrency work just like any other form of capital, such that they can ensure a return on investment in any market. DeFiChain is a dedicated non-Turing-complete blockchain, designed specifically for the decentralized finance (DeFi) industry. DeFi provides full functionality for this specific segment of the DLT community, sacrificing other types of functionality for simplicity, rapid throughput, and security.
The function set includes among others:
- Decentralized lending
- Decentralized wrapping of tokens
- Decentralized Pricing oracles
- Decentralized exchanges
- Transferable debts and receivables
- Decentralized Non-collateralized debt
- Asset tokenization
- Distribution of Dividends
Benefits of DeFiChain
Variety
Wide range of crypto-economic financial operations.
Throughput
Unparalleled high transaction throughput for all transactions.
Security
Turing-incomplete for reduced attack vectors.
Development
Rapidly create a variety of DeFi apps on one chain.
Governance
Reliable decentralized governance, on and off-chain.
Immutability
Immutable by anchoring to the Bitcoin blockchain.
Designed and engineered for decentralized finance dApps.
Lending
Borrow and lend through collateralized systems.
Wrapping of tokens
Work with a variety of crypto-assets, directly, on-chain.
Pricing oracles
Collect data from other chains and non-crypto markets.
Exchanges
Direct peer-to-peer trading between cryptocurrencies.
Transferable debts and receivables
Work with transparency not possible with institutions.
Non-collateralized debt
Loans based on reputation and verifiable credentials.
Asset tokenization
Tokenize equity, real estate, and other holdings.
Distribution of dividends
Automatic investment payouts with smart contracts.
