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Token: 0xd98560689c6e748dc37bc410b4d3096b1aa3d8c2

Pair: 0x52df67d03c094f601300c9fe84c9a5139521ffac

Price

$0.0₃2888

Change 24h

+
2.06%

High 24h

$0.0₃2888

Low 24h

$0.0₃2823

Market cap

$244.47K

Volume 24h

$51.84

Liquidity

$13.84K

Tax

0%

Holders

51.3K

Added to BNB

3 years ago

Updated: 2024-5-20 16:29 UTC

Created: 2021-4-25 01:09 UTC

Pressure

Buy:
$49.10
Sell:
$2.74

Introducing DeFi For You. (DFY): A New Arrival on the BNB Chain

Welcome to the detailed profile of DeFi For You. (DFY), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, DeFi For You. (DFY) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about DeFi For You. (DFY) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about DeFi For You. (DFY) and find answers to some frequently asked questions.

Token description

"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."

Token overview

What is DeFi For You. (DFY)?

DeFi For You. (DFY) is a newly launched cryptocurrency token on the BNB Chain. We encourage all potential investors to do their due diligence and thoroughly research new tokens before making any investment decisions.

What is the price of DeFi For You. today?

As of our latest update, the current price of one DeFi For You. (DFY) is approximately $0.0₃2888. Please note that cryptocurrency prices are extremely volatile and can change rapidly.

How do I buy DeFi For You.?

You can purchase DeFi For You. (DFY) by using the 'trade' button on NewCoinHub. Alternatively, PancakeSwap is another platform that allows trading of DeFi For You..

What is DeFi For You. smart contract address?

The smart contract address for DeFi For You. (DFY) is 0xd98560689c6e748dc37bc410b4d3096b1aa3d8c2. Always verify smart contract addresses before making transactions to avoid scams.

What is the DeFi For You. Market Cap Today?

The market cap of DeFi For You. (DFY) as of today is $244,469.32. Market cap, which is the total value of all tokens in circulation, is calculated by multiplying the current price by the total supply of the token.

What is the last 24h DeFi For You. trading volume?

The trading volume of DeFi For You. (DFY) in the last 24 hours was $51.84. Trading volume represents the total number of tokens traded on all exchanges in the past 24 hours.

How much liquidity does DeFi For You. have?

As of now, the liquidity of DeFi For You. (DFY) is $13,842.42. Liquidity refers to the ease with which a cryptocurrency can be bought or sold without affecting its price.

How many people are holding DeFi For You.?

Currently, there are 51260 holders of DeFi For You. (DFY). This number refers to the total count of unique addresses holding at least some amount of DeFi For You..

Frequently asked questions

What is a Newly Launched Crypto Token?

A newly launched crypto token is a type of cryptocurrency that has recently been released to the market. These tokens are often introduced through a process known as an Initial Coin Offering (ICO), Initial Dex Offering (IDO), or similar launch mechanism.

What is the BNB Chain?

The BNB Chain, formerly known as the Binance Smart Chain (BSC), is a blockchain network built for running smart contract-based applications. It's designed to be fast and efficient, with a focus on enabling the creation and exchange of new tokens.

What is PancakeSwap?

PancakeSwap is a decentralized exchange (DEX) running on the BNB Chain. Users can trade directly from their wallets in an automated manner, offering liquidity in exchange for fees.

What is a smart contract address?

A smart contract address is a unique identifier within a blockchain where a smart contract resides. Transactions, including token buying or selling, interact with these addresses.

What does token liquidity mean?

Token liquidity refers to how easily a token can be bought or sold without causing significant price changes. High liquidity usually means that the token can handle large trading volumes without substantial price swings.

What does token trading volume mean?

Token trading volume is the total quantity of a token that has been traded (bought and sold) during a specific period, typically 24 hours. It provides insight into the token's activity and popularity.

What is a token holder?

A token holder is a person or entity that owns some quantity of a specific cryptocurrency token. The number of holders can be indicative of a token's distribution and its community size.

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The information provided on this site does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the site's content as such. Always do your own research and consult with a qualified financial advisor before making any investment decisions.

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