Details about Zomfi cryptocurrency
€5
500,000,000
1
Unknown
https://www.zomfi.org/
@Zomfitoken
Zomfi price charts
ZOMFI exchanges
Zomfi, the crypto
Zomfi (ZOMFI) is a cryptocurrency that is built on the Binance Smart Chain (BSC) and aims to provide a decentralized platform for peer-to-peer lending and borrowing.
The point
The main point of Zomfi (ZOMFI) is to create a decentralized lending and borrowing platform that allows users to lend and borrow funds directly with each other, without the need for intermediaries. This is accomplished through the use of smart contracts, which automate the lending and borrowing process, ensuring a transparent and efficient experience for all users.
The problem
Zomfi (ZOMFI) tries to solve the problem of intermediaries in the lending and borrowing process. Traditional lending and borrowing platforms are typically centralized and require users to go through a middleman, such as a bank or other financial institution. This can be time-consuming, costly, and can expose users to unnecessary risk. By creating a decentralized platform, Zomfi (ZOMFI) eliminates the need for intermediaries and allows users to lend and borrow funds directly with each other, reducing costs and increasing efficiency.
Compare ZOMFI and BTC performance
| Timeframe | ZOMFI | BTC |
|---|---|---|
| 1h change | 0 % | 0.201701 % |
| 24h change | 0 % | 6.06679 % |
| 7 day change | -0.42 % | -0.485047 % |
| 14 day change | -1.18 % | -2.40839 % |
| 30 day change | -2.01 % | -3.78187 % |
| 200 day change | -35.37 % | 117.264 % |
| Year change | -93.19 % | 122.635 % |