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DeFi Coin (DEFC) is a community-driven, fair-launched DeFi token that operates on the Binance Smart Chain (BSC). The protocol is designed to provide three simple functions during each trade: Reflection, LP Acquisition, and Burn. By holding DEFC, investors become part of the broader DeFi Swap ecosystem, which aims to become a leading platform for global decentralized investment products. The innovative taxation system built into the smart contract ensures that each buy, sell, and order on the DeFi Coin network incurs a 10% tax, with half being distributed to existing token holders and the other half added to the DEFC liquidity pool. DEFC can be purchased on DeFi Swap, Pancakeswap, and Bitmart exchanges.
DeFi Swap is a decentralized exchange that offers a range of crypto-centric services, including token swaps, staking, and yield farming. Users can earn interest on idle tokens by staking them on DeFi Swap, with flexible lock-up terms ranging from 30 to 365 days. Token swaps on DeFi Swap are convenient and do not require a centralized exchange, allowing users to convert tokens with the underlying smart contract and securely manage the transaction. The platform also offers yield farming services, enabling users to provide liquidity to trading pairs and earn a share of transaction fees. Defi Coin and DeFi Swap operate in a decentralized manner, meaning users are not required to open an account or provide personal information or KYC documents.
Holding DeFi Coin (DEFC) offers several benefits. Existing DEFC token holders receive a share of the 10% tax collected from transactions, providing an additional income stream. Staking DEFC on DeFi Swap allows investors to earn up to 75% APY, providing a passive income opportunity. Furthermore, the taxation system and allocation of fees to the liquidity pool help continuously build liquidity for the token and ensure a fully functioning, efficient market. Additionally, the project has a burning program to gradually reduce the token supply, potentially increasing the token price. DeFi Coin and DeFi Swap are beginning their journey with plans to launch new features and expand their offerings to provide a comprehensive decentralized finance experience.
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