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Dfyn Network

Dfyn Network

Multi-chain AMM DEX that is built to be an inter-connected AMM with nodes spread on different blockchains and those AMMs will be able to share liquidity and enable cross-chain swaps

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.

Timeline

February 9, 2022
Dfyn Network price today, DFYN to USD live, marketcap and chart | CoinMarketCap

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

DCL : 01 -- UI Improvements - Dfyn Network - Medium

Dfyn Network

Web

September 3, 2021

Dfyn (@_DFyn) | Twitter

Dfyn

Web

September 20, 2020

...

References

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