DeFiChain

DeFiChain is a blockchain platform dedicated to fast, intelligent, and transparent decentralized finance services, accessible by everyone. The platform uses a hybrid proof of stake (PoS) and proof of work (PoW) consensus mechanism for network operation.

Company Details

• Native Token: DFI
• Founders: Julian Hosp, U-Zyn Chia
• Founded: 2019
• Headquarters: Singapore

Key Features: 

• Its native token is DFI which serves as a utility token for various activities within the ecosystem.
• Offers multiple DeFi services including a lending platform, decentralized exchange, and insurance services.
• Ensures fast and scalable transactions using a secure system called proof-of-stake.
• Provides user-friendly tools and wallets that make managing crypto easy for the users.

FAQs

1. Who founded DeFiChain?

Julian Hosp and U-Zyn Chia

2. When was DeFiChain founded?

DeFiChain was founded in the year 2019.

3. What is the DFI token?

DFI is DeFiChain's native token that is used for governance, staking, and rewarding users for participating in the ecosystem.