Dfyn Network

Dfyn.network is a community-governed DeFi project that offers a low-fee AMM exchange along with yield farming opportunities. It combines the unmatched liquidity of Ethereum with the scalability of L2 platforms. Dfyn will also work on providing a comprehensive platform for social tokens and NFTs. We are launching with the Matic platform, in the first instance.

As we have seen from the recent spike in Ethereum network gas costs, L2 efforts are critical to DeFi and Ethereum achieving their full potential. Ethereum network throughputs are woefully inadequate, and while there are Ethereum competitors trying to reinvent a universal ‘smart computer’, the odds of an L2 platform becoming the more likely adopted path going ahead are significantly higher than one of the Ethereum competitors displacing Ethereum. We are bullish on Matic, and its potential to be a leading contender as the mainstream L2 variant for the Ethereum ecosystem.

However, Dfyn wants to remain chain agnostic and support all great L2 scaling solutions using Polkadot as a middle layer.