What is DEFI FOR YOU(DFY)?

Basic information about DFY

Coin name:

Defi For You

Coin symbol:

Coin introduction:

"DeFi For You is a crypto pawnbroking platform that facilitates lending by securing crypto and NFT collateral packages in smart contracts which are released when the loan is repaid or a liquidation threshold is met. The project is positioning itself as the leading pawnbroking platform in the crypto and NFT world. We have also developed a system for 'Evaluators' - most of whom are licensed pawnbrokers - to connect with borrowers in DeFi and offer them crypto loans against digital or physical assets. These pawnbrokers are uniquely positioned in that they have a licensed and secure premises to store hard assets. They store the asset, issue an NFT representing it to the borrower, and then burn the NFT when the asset is reclaimed. Our dev team took inspiration from the UI of Booking.com to design the layout of featured crypto pawnshops on the platform. They also designed an on-chain reputation system for lenders and borrowers, which denotes how many transactions they have had and their record of integrity when using the platform. We have developed an NFT marketplace with a special NFT Pawn Market integrated into it. This allows people to list NFTs for sale, auction, or pawn. It also means buyers can get great deals on NFTs that have been repossessed by lenders, who are now looking to cash in on the digital asset they have gained. DeFi For You will be launching lending pools in Q1 2022 to increase the value of its DeFi platform. This will allow users to quickly lend and borrow from pools with interest rates determined algorithmically. DeFi For You was founded by Adam Christopher Chaplin, who was a co-founder of Travala.com (AVA). The project is in the process of inking partnerships with major pawnbroking companies and banks to expand its reach and bring the world of pawnbroking into the crypto space. DeFi For You is built on Binance Smart Chain and the native DFY token is a BE20 - BEP2 bridge. It is used for fees on the platform, as well as loan currency, repayment currency, and collateral for loans."

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Current Price:

$0.000197More coin details

All-time high:

$0.27096

All-time low:

$0.000115

DFY Supply Info and Tokenomics

Circulating supply:

601M

Total supply:

846M

Max supply:

Market cap:

$118.581K

Fully diluted valuation:

$166.887K

What is the outlook and future value of DFY?

The current market cap of DFY is $118.581K, ranked 7142 in the market, showing that the market already recognizes the value of DFY. When a bull market arrives, the market cap of DFY may continue to grow.

Moreover, if DFY can play a greater role in real-world applications—such as if the Monero developers can fully empower DFY and establish partnerships with more business partners to expand its user base—then the long-term value of DFY will be further enhanced.

What is the price of DFY in 2026?

According to the historical price performance prediction model of DFY, the price of DFY is expected to reach $0.000207 at 2026.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get DFY?

Purchasing DFY with cash is not the only way to obtain DFY. If you have enough time, you can get DFY for free.

Learn how to get Hot rewards for free with DFY.

Earn free DFY by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get DFY airdrops for free.

All crypto airdrops and rewards can be exchanged for DFY through LBank spot trading.

Buy DFY starting from $1

What is DFY used for and how to use it?

The use cases for DFY may grow with the development of the crypto market and project progress. Currently, you can use DFY to:

Arbitrage trading of DFY

DFY is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many DFY trading pairs to suit your needs.

Earn yield with DFY

You can also lend out DFY or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your DFY gains.

Send or pay with DFY

If you want to pay someone with DFY, you can easily and quickly send DFY to them using their receiving address.

You can also visit the official website of Defi For You to learn more use cases of DFY, such as whether the Defi For You project supports community/eco apps or buying physical or virtual goods with DFY.