Details about Flare Finance cryptocurrency
€60,115
110,000,000
32.422
Unknown
https://flr.finance/
@FlareFinance
178897x
€10733.3
Flare Finance price charts
EXFI exchanges
Flare Finance, the crypto
Flare Finance (EXFI) is a decentralized finance (DeFi) platform built on the Flare Network, which is a smart contract platform that brings Ethereum-style smart contracts to non-Turing complete blockchains. EXFI is the native token of the Flare Finance platform, which allows users to access and utilize various DeFi features like yield farming, liquidity provision, and asset trading.
The point
The main point of Flare Finance (EXFI) is to bring decentralized finance to the Flare Network and expand the capabilities of the network beyond simple smart contract execution. By offering a suite of DeFi products and tools, Flare Finance aims to provide users with a single platform for all their DeFi needs, while also creating new opportunities for earning yield and generating value through various staking and governance mechanisms.
The problem
Flare Finance (EXFI) tries to solve the problem of limited DeFi options and functionality on the Flare Network. By offering a range of customizable DeFi products and services, Flare Finance hopes to attract users and liquidity to the network, enabling new use cases and greater adoption of the platform. Additionally, Flare Finance aims to address issues of economic and governance centralization by allowing users to participate in staking, voting, and other governance activities with their EXFI tokens.
Compare EXFI and BTC performance
| Timeframe | EXFI | BTC |
|---|---|---|
| 1h change | 0.539644 % | -0.234911 % |
| 24h change | 0.2 % | 1.25967 % |
| 7 day change | 0.72 % | -1.44157 % |
| 14 day change | -16.02 % | -9.47799 % |
| 30 day change | -23.35 % | -7.33786 % |
| 200 day change | -39.12 % | 129.168 % |
| Year change | -67.78 % | 129.33 % |