Details about DeFido cryptocurrency
€8,434
1,000,000,000
1
Unknown
https://defidotoken.com/
@defidotoken
https://www.reddit.com
461789x
€1185.49
DeFido price charts
DEFIDO exchanges
DeFido, the crypto
DeFido (DEFIDO) is a decentralized finance (DeFi) platform that aims to bring together the benefits of a synthetic assets pegged to the value of a real-world asset and yield farming. It leverages smart contracts on the Ethereum blockchain to achieve this objective.
The point
The main point of DeFido (DEFIDO) is to enable users to trade synthetic assets pegged to various real-world assets such as commodities, indices, and equities, while also participating in yield farming activities. This is aimed at providing users with more trading options, higher liquidity, and higher returns.
The problem
DeFido (DEFIDO) tries to solve the problem of limited trading options and liquidity in the DeFi space. It also attempts to address the low yields provided by most DeFi platforms by combining it with yield farming activities. Additionally, DeFido (DEFIDO) aims to bridge the gap between the traditional financial markets and the decentralized finance space by introducing synthetic assets that can be pegged to real-world assets.
Compare DEFIDO and BTC performance
| Timeframe | DEFIDO | BTC |
|---|---|---|
| 1h change | 0.588467 % | 0.305838 % |
| 24h change | -8.25 % | 0.187777 % |
| 7 day change | -0.5 % | 2.94063 % |
| 14 day change | -54.46 % | -9.32991 % |
| 30 day change | 33.09 % | -7.64602 % |
| 200 day change | 33.09 % | 127.554 % |
| Year change | 49.24 % | 132.596 % |