DeFi Coin and DeFi Swap Rebrand For The Post FTX Era, DEX Now Lists 92 Crypto Assets – Here's What You Need to Know

cryptonews.com:

Wednesday March 1st 2023 – DeFi Coin (DEFC) and its sister decentralized exchange DeFi Swap have recently undergone a rebranding process, sporting new logos and websites. The update comes as the ecosystem expands its trading offerings with the addition of 15 new coins.

Fair launched on the 10th May 2021, DeFi Coin is the native token of DeFi Swap. 

The DeFi Coins ecosystem is a community-driven decentralized environment that’s at the cutting edge of the development of algorithmic crypto trading strategies. 

Holders of the DEFC token can earn yield from reflections, access automated liquidity pools and benefit from the manual burn program.

Stakers can receive rewards of up 75% APY if they choose to lockup their holdings for 365 days. 

What’s more, there is no complicated algorithm backing the dividend payouts. 

Instead, the transparent protocol taxes transactions at a rate of 10% and the proceeds are split 50:50 between the DEFC/BNB liquidity pool and DEFC holders, thereby underpinning the income stream for stakers.

That means simply by ‘hodling’ DEFC tokens each holder will receive a cut of the reflections, in proportion to the amount of total supply each token holder has.

DeFi Coin’s static rewards program solves the problem of short-termism by incentivizing long-term DEFC token ownership and accumulation.

On DeFi Swap there are now 92 tokens available to swap against 11 different common bases for trading pairs, including DEFC, WBNB, WETH, USDC, USDT and BUSD.

In addition, DeFi Swap currently offers four core plans with attractive yields for farming DEFC:

Bronze: 30 Days - 30% APY  

Silver: 90 Days - 45% APY

Gold: 180 Days - 60% APY 

Platinum: 365 Days - 75% APY

The DeFi space can broadly be divided into three application