dForce is an integrated and interoperable open finance and monetary protocol matrix covering asset, trading, and lending.
About dForce (DF)
dForce provides an all-in-one interface for users to access a comprehensive range of DeFi services, including:
- Lend: earn interest in your crypto by lending it in a decentralized manner.
- Trade: instant token swap with the best available price and liquidity across different decentralized platforms.
- Mint: mint a variety of dForce assets (stablecoins, synthetic assets, dToken, iToken, USDx, GOLDx).
- Earn: deposits are rebalanced between different lending protocols that offer the best interest rate and liquidity.
- Farm: earn DF rewards by participating in lending activities, minting, and providing liquidity for dForce synthetic assets.
What Is dForce (DF)?
dForce Token (DF) is the governance token across dForce network, conferring holders the power to influence decisions concerning dForce protocols, including onboarding of new assets and collaterals, changes to risk parameters, fee accrual, interest alignment through the voting process.
dForce is backed by investors including CMBI (China Merchants Bank International), Multicoin Capital, and Huobi Capital (the investment arm of Huobi Group).
The platform works with the world’s top-ranked security companies (Trail of Bits, Consensys Diligence, Certik, Quantstamp, Certora, PeckShield, SlowMist, SECBIT) on smart contract audits for all dForce native protocols.
Who Are the Founders of dForce (DF)?
Mindao YANG is the Founder of dForce.
Mindao Yang is no stranger to those who are familiar with China’s DeFi scene. A highly regarded crypto OG, Yang has been involved in bitcoin since 2013 and subsequently participated in Ethereum’s 2014 ICO. He is also the founder of Blockpower and Hashingbot before starting dForce, a China home-grown open finance protocol, in late 2018.
What Makes dForce (DF) Unique?
DF token is the governance token across dForce network. DF token holders can use the Governance Portal to propose, vote on changes to parameters that govern all core protocols across dForce network.
With a vision to build dForce into the most secure and adaptable open finance protocols catering to diversified use cases, the platform wants to give users greater choices with a wide range of crypto-assets with the highest security standard. It uses a multi-factor and quantitative model that looks at smart contract risk, financial risk, and counterparty risk to assess risk levels before onboarding a new asset and deciding on whether it can be used as collateral to support a loan.
Where Can You Buy dForce (DF)?
If you’re looking for a place to buy dForce (DF), the best cryptocurrency exchange for trading dForce (DF) is Binance, Mandala Exchange, Huobi Global, Gate.io, and Bitrue.
Frequently Asked Questions
Can I Buy dForce (DF) With Cash?
No. There is no direct method to purchase dForce (DF) using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Are There Any Quick Ways To Buy dForce (DF) In Europe?
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
On What Factors Does The Price Of The dForce (DF) Depend?
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact Mogul Productions’ (STARS)’s price and market cap.
dForce (DF) Official Website – https://dforce.network/
dForce (DF) Twitter – https://twitter.com/dForcenet
dForce (DF) Medium – https://medium.com/dforcenet
dForce (DF) Reddit– https://reddit.com/r/dForceNetwork
