Audience
Crypto traders interested in participating in decentralized finance on Bitcoin using the DeFiChain blockchain
About DeFiChain
Decentralized finance enabled on Bitcoin. A blockchain dedicated to fast, intelligent and transparent financial services, accessible by everyone. From trust-based to trust-less, decentralized finance overcomes what Fintech could not solve in traditional finance. Wide range of crypto-economic financial operations. Unparalleled high transaction throughput for all transactions. Turing-incomplete for reduced attack vectors. Rapidly create a variety of DeFi apps on one chain. Reliable decentralized governance, on and off-chain. Immutable by anchoring to the Bitcoin blockchain. Designed and engineered for decentralized finance dApps. Swap and arbitrage on the DEX, mine liquidity for up to 100x high yields, and more, with the DeFiChain wallet app. Available for Windows, macOS and Linux. The $DFI coin is an integral unit of account in DeFiChain.
Other Popular Alternatives & Related Software
Bitcoin
Bitcoin is an innovative payment network and a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. Bitcoin transactions are secured by mathematics and energy. Cryptographic signatures prevent other people from spending your money. Energy spent by proof of work (PoW) prevents other people from undoing, rearranging or losing your transactions. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud.
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Avalanche
Build on Avalanche. Build without limits. Avalanche is an open, programmable platform for decentralized finance applications. Launch Ethereum dapps that confirm transactions instantly and process thousands of transactions per second, far beyond any decentralized blockchain platform today. Deploy blockchains that fit your own application needs. Build your own virtual machine and dictate exactly how the blockchain should operate. Stake, or lock up, your AVAX to help process transactions and further secure the platform–providing security guarantees well-above the 51% standard. You probably have the hardware required to join the platform. Avalanche is Solidity-compatible. All of your favorite tools like Remix, Truffle, and Tenderly work out of the box. Deploying smart contracts on Avalanche cost just a tenth of what they cost on Ethereum. High gas fees, front-running, and other adverse effects of slow smart contract blockchains are now a thing of the past.
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Sovryn
Sovryn undergoes ongoing security audits, from multiple auditors and maintains a bug bounty. Sovryn will continuously add secure oracles for greater decentralization. The insurance fund protects against undercollateralized loans. 10% of interest is added to the fund. As one of the founding principles of defi, we’re committed to interoperability and the development of open source code. Use bitcoin directly from your wallet - no friction. All transactions are settled on the bitcoin blockchain via the RSK bitcoin sidechain. Sovryn is a decentralized margin trading platform, there is no kyc or aml verification ever. Preserve your pseudonymity. Lending and trading, without giving your keys to a centralized custodian. Your keys, your coins, your control. Borrowers on sovryn are users that use their bitcoin to build leveraged positions, more commonly known as margin trading. Sovryn enables borrowers to create these leveraged positions by borrowing bitcoin from lenders.
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1inch
1inch is the DeFi ecosystem building financial freedom for everyone.
We research and develop cutting edge technology that allows our users and partners to realise the potential of decentralized finance, without workarounds or security risks.
And we bring the sector together to advocate for compliant DeFi as the future of global finance.
Our products:
We serve users and builders with products built on open-source, on-chain protocols.
Access efficient, secure trading at the best rates through the 1inch dApp and self-custodial 1inch Wallet app, track your crypto with 1inch Portfolio, or spend and borrow against your digital assets with 1inch Card (powered by CryptoLife).
Builders and enterprise partners can access the core technologies powering 1inch to connect with an ecosystem that offers millions of tokens and tokenized RWAs, integrates 13+ networks and includes the first native swaps between Solana and the EVM.
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Integrations
Company Information
DeFiChain
Founded: 2020
defichain.com
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Product Details
Platforms Supported
Cloud
Windows
Mac
Linux
Training
Documentation
