dForce (DF) is a decentralized finance application that combines various asset and liquidity protocols. Within this application, different asset protocols such as USDx, GOLDx, and dToken, as well as liquidity protocols like dForce Trade, are available. The soon-to-be-launched dForce Lending will serve as the lending network within the platform. dForce Coin is seen as the cryptocurrency of this entire ecosystem. Transactions, community management, system balancing, incentives, and deposit operations for network validators will all use dForce Coin.
Founders of the dForce project include executives from numerous companies and banks such as Goldman Sachs, Standard Chartered, Hony Capital, and CMBI. The platform’s USDx is positioned as the first decentralized and fiat-backed stablecoin that pays interest. Users of USDx can earn money in a decentralized manner simply by depositing USDx.
GOLDx, as the name suggests, offers the same functions for gold investors. It uses the PAXG token, and its value is taken symbolically.
Yield Market (dToken) is the cryptocurrency of a revenue harvesting project launched to enable users to earn passive income.
What is dForce (DF)?
In addition to being at the center of this ecosystem, dForce Coin will also form the basis of the soon-to-be-launched platform named dForce Trade. With this aspect, dForce has a significant chance of rising quickly. With a total market value, dForce is at 495th position and has a unit price of 0.26 dollars.
Where to Buy DF Coin?
How exactly is DF Coin acquired? Binance emerges as the most popular platform for users in this regard. It is observed that DF Coin also reaches its highest volume here.
- To purchase DF Coin, first deposit USD balance to the exchange and then click on the “Buy” option, followed by the “Credit/Bank Card” tab.
- After clicking, select how much USD you want to trade in the displayed area and execute the purchase of USDT.
- After buying USDT, preview the “Buy-Sell” option on the top left again and click on the easier Classic tab.
- In the opened section, select the USDT tab from the top right, type DF in the search button, choose the displayed DF/USDT pair below, and complete the purchase.
