DefySwap Finance priceDFY
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Total supply
- 0 DFY
- Self-reported circulating supply
- 455.62K DFY
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About DefySwap Finance
What Makes DefySwap ($DFY) Different?
They describe themselves as being "The most advanced trading platform on Fantom Opera Chain". Defy believes in decentralizing finance. They also believe they have spotted the disadvantages of most decentralized exchanges and decided to launch DEFYSWAP, a model where the issues identified are being taken care of while maintaining all of the usual features you've come to expect from any DEX (Automated Market Making AMM, Swapping/Trading, Liquidity Pools, Yield Farming & Pools).
These are some of the features that have been integrated to insure a complex and fair user experience with a focus on future viability and user utility:
*Fixed Supply (10,000,000 tokens ) *Limit Orders *Impermanent Loss Protection (ILP Details) *Futuristic UI -- Chart, trading tools, order book, recent trades, open/executed/cancelled tab *NFT Layer *DefyCredit - A new concept lending platform *Taxed token Haven: according to them, their code is designed to differentiate between a trade transaction and a creation/disassembling of LP. Therefore, no tax applies on LP related transactions while regular taxes work on trades, so therefore liquidity providers won't lose money when entering and exiting a farm of a taxed token on Defyswap.
Through constant assessment and re-assessment they feel they have designed an entire user experience that will allow you to take your crypto trading skillset to the next level and ensure that you can always be making the most well informed decisions as the tools are readily at hand.
Defy team being ground level and developing everything custom all the way up, oriented towards receiving community feedback to allow for quick additions / customization of DefySwap features to further advance the capabilities of the DEX as a whole.
Tokenomics
The tokenomics of DefySwap provide a NO TAX experience across the board when it comes down to platform fees, farm entry and exit etc. Striving to obtain a fair and balanced DEX.
According to them, they have also devised a method in which the $DFY token will mint out over the course of a 2 year time frame and through a 4.99% (to be able to use 5% slippage) tax in which a vast majority of it goes to a burn vault that will accumulate a VERY large amount of $DFY over the course of the 2 year minting process and allow for an automated contractual reset of the minting process using the burn vault on the last token mint transaction. Thus the max supply never exceeding 10 Million tokens.
Where Can You Buy $DFY ?
You can easily purchase $DFY by accessing their DEX through DefySwap's official website.