Details about PsyFi cryptocurrency
€1,118,136 ( 2.17691%)
€15,529
999,999,879
396,813,807
29.611
Unknown
https://www.psyoptions.io/
@PsyOptions
999502x
€2814.48
PsyFi price charts
PSY exchanges
PsyFi, the crypto
PsyFi (PSY) is a cryptocurrency that is based on the Ethereum blockchain. It aims to provide a decentralized financial platform that uses smart contracts to enable users to lend, borrow, and earn interest on their cryptocurrency holdings.
The point
The main point of PsyFi (PSY) is to provide a decentralized financial platform that is accessible to anyone with an internet connection, while also enabling users to earn interest on their cryptocurrency holdings. It aims to use smart contracts to automate many financial processes, thereby reducing the need for intermediaries and lowering costs for users.
The problem
PsyFi (PSY) aims to solve several problems in the current financial system, including high fees, limited access to financial services, and the centralization of power among a small number of institutions. By providing a decentralized financial platform that uses smart contracts, it aims to make financial services more accessible and affordable to the masses, while also reducing the influence of intermediaries and increasing transparency.
Compare PSY and BTC performance
| Timeframe | PSY | BTC |
|---|---|---|
| 1h change | -0.0971457 % | -1.20369 % |
| 24h change | 2.09 % | -1.67734 % |
| 7 day change | -25.02 % | -13.4064 % |
| 14 day change | -31.83 % | -9.86769 % |
| 30 day change | -51.54 % | -1.25024 % |
| 200 day change | -21.23 % | 114.805 % |
| Year change | -57.8 % | 105.794 % |