Details about Defly cryptocurrency
€3,826
1,000,000,000
1
Unknown
https://defly.app/
@deflyapp
499903x
€1165.9
Defly price charts
DEFLY exchanges
Defly, the crypto
Defly (DEFLY) is a cryptocurrency that operates on the Binance Smart Chain (BSC). It is described as a decentralized finance (DeFi) yield farming platform with a focus on delivering sustainable, long-term returns to its investors.
The point
The main point of Defly (DEFLY) is to provide a DeFi platform that offers a high yield for its users while also being sustainable in the long run. It aims to do this by focusing on providing liquidity to other DeFi projects while also rewarding users who participate in liquidity provision.
The problem
Defly (DEFLY) attempts to solve the problem of unsustainable yield farming in the DeFi space. Many DeFi projects offer high returns in the short term but often suffer from liquidity issues and unsustainable returns. Defly (DEFLY) aims to address this by offering sustainable returns through its liquidity provision model and governance token mechanisms.
Compare DEFLY and BTC performance
| Timeframe | DEFLY | BTC |
|---|---|---|
| 1h change | 0.537419 % | -0.753837 % |
| 24h change | -13.33 % | -4.58836 % |
| 7 day change | 20.66 % | 2.49257 % |
| 14 day change | -19.25 % | -10.0034 % |
| 30 day change | -26 % | -9.64041 % |
| 200 day change | 78.13 % | 124.834 % |
| Year change | -9.03 % | 139.061 % |