Lucky Block - Exciting DeFi Crypto for Daily Rewards The ecosystem plans to make these features available with the release of the Defi Swap app, sometime in 2022.Ģ. However, the token is still trading 248% above its all-time low of $0.09467.įor the future of Defi Coin, the Defi Swap ecosystem is working on implementing more educational content in the form of webinars and technical analysis charts. DEFC token currently trades right above the $0.3 price level. Since the rise, the coin has corrected by 40%. On May 5th, DEFC token rose from a trading price of $0.1 to a daily high of $0.564 - a price increase of more than 500%. Since the DEFC token went live on the Defi Swap exchange in early May of 2022, holders have benefitted from an exponential price rise. Thus, even if whales off-load a large amount of DEFC tokens, the token will not experience volatile levels of downward pressure due to the aforementioned tax. Secondly, 50% is redistributed into the liquidity pools of Defi Swap. 50% of this tax is distributed among the current token holders on a proportionate basis. Every time a user sells or swaps their Defi Coin holdings, a 10% tax is levied on the transaction. It is the native token of the Defi Swap exchange, which provides users with opportunities to swap and stake various DeFi tokens with ease.ĭefi Swap uses the DEFC token to provide liquidity to users and encourages long-term holding through various strategies.įirstly, you can earn rewards in DEFC tokens through a process known as “static rewards". As the name suggests, DEFC is a DeFi token that provides decentralised earning opportunities to crypto users.
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