DeFi Coin is a token designed for easy yield generation, with tokenomics that benefit holders and help increase the price. The market has seen a recent downturn, but many people remain excited about the project and are eager to invest in DeFi Coin.
Why should I invest in DeFi Coin ?
However, there are some good reasons why speculators may want to invest in DeFi Coin despite the market pullback.
Unlike many of the catastrophes that have plagued the crypto industry over the last few months, DeFi Coin is a BEP20 token (a highly reliable token standard) that has suffered from no hacks or bugs whatsoever.
Bridge hacks and meltdowns driven by centralised companies have been a disaster for a lot of crypto investors, but they have not been an issue from those investing in DeFi Coin.
1) Earn up to 75% by staking
One of the most exciting features about the DeFi Coin ecosystem is the high rate of yield that the token offers. There is currently 168,346 DEFC staked and earning interest, and DEFC can be easily staked using the DeFi Swap feature.
2) The DeFi Swap feature
The new DeFi Swap feature makes it easier than ever than buy and sell DEFC. The UI and UX is similar to decentralised exchanges that users may be familiar with, except that the main focus is on the trading of DEFC.
Moreover, the DeFi Swap feature makes it easier than ever to provide liquidity to the BNB/DEFC pair, which is crucial to the long term stability of the project.
3) Frictionless yield generation
Frictionless yield generation is one of the core features that makes DeFi Coin such a useful asset to hold for the long term.
In addition to staking, holders can earn extra yield via the tax that is applied to each transaction. As explained in the white paper, 50% of this tax is then redistributed amongst all other existing holders, which can be hugely rewarding for them.
4) Highly deflationary
Tokenomics are extremely important, and when one is building a community such as that that DEFC has, it is important to ensure that the tokenomics aren’t too inflationary. In theg ame case of DeFi Coin, they are in fact highly deflationary.
Whilst 50% of the tax on each transaction goes towards rewarding the rest of the holders as a dividend, the other 50% is burned and taken out of supply forever.
This ensures that over time the project becomes more and more deflationary.
5) DeFi Coin educates children around the world
The team working on the project is dedicated to using DEFC to support children worldwide by offering educational resources. This phase of the roadmap, planned from July to December, aims to ensure that the project benefits not only token holders but also has a charitable aspect.
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