DeFiChain $DFI

DeFiChain is an innovative decentralized blockchain platform focused on providing quick, intelligent, and transparent decentralized financial services. Distinct from many other DeFi projects typically built on the Ethereum network, DeFiChain originates from Bitcoin, functioning as a software fork. In order to maximize security, it is anchored to the Bitcoin blockchain every few minutes via merkle root.

DeFiChain’s Unique Design

In its design, DeFiChain takes a non-Turing complete approach. This is to minimize smart contract errors, which are particularly crucial to avoid in finance transactions. Moreover, its operational codes are exclusively designed to run decentralized finance dapps. Consequently, DeFiChain's ecosystem only supports financial transactions, thus eliminating the risk of being overwhelmed by games or casinos and consequent high transaction fees.

Upcoming Features of DeFiChain

DeFiChain has an exciting roadmap of upcoming features that promises to make it a game-changer in the crypto ecosystem. These features will include:

Decentralized Lending

This will allow users to lend and borrow assets without intermediaries, facilitated by smart contracts.

Wrapping of Tokens

Users will be able to convert their cryptocurrencies into equivalent assets on the DeFiChain, thus offering more flexibility for their holdings.

Pricing Oracles

The platform will provide reliable, decentralized market data for its users.

Decentralized Exchanges (DEX)

Unlike traditional exchanges, a DEX on DeFiChain will allow users to trade cryptocurrencies directly, without the need for an intermediary.

Transferable Debts and Receivables

This feature allows for the creation of tokens representing a specific debt or receivable, making them transferable.

Non-Collateralized Debt

DeFiChain will enable the creation of debt tokens without the need for collateral.

Asset Tokenization

This feature will allow users to convert rights to an asset into a digital token on the DeFiChain's blockchain.

Distribution of Dividends

DeFiChain will support the direct distribution of dividends to holders of a specific token.