The Currency Analytics
By Evie Vavasseur
Introduction
The Dfinance Network Tokens
Dfinance Under the Hood
Consensus Algorithm
Working Principle
Other Important Features
Partnership
Conclusion
The DeFi space is booming, yet there’s a significant number of financial geniuses of traditional systems locked out of the space.
Dfinance is an entirely decentralized layer-2 network bringing the infrastructure required to build innovative financial instruments and DeFi tools with no prior technical skills.
The four co-founders of the Dfinance team are members of the WINGS Stiftung Foundation who worked on the Wings DAO project.
The Dfinance network plans to operate with two different tokens or coins - the primary crypto coin and a native token for the network's internal management.
DFI serves as the network’s utility token taking on several important roles -
Dfinance’s latest testnet iteration supports BTC, ETH, and USDT coins.
The primary token of Dfinance, XFI, is primarily an ERC-20 type coin to help Uniswap pool creation in the future.