Verified
“DeFiChain is a decentralized blockchain platform dedicated to enable fast, intelligent, and transparent decentralized financial services. Unlike most of the other DeFi projects that are built on the Ethereum network, DeFiChain is built on bitcoin (as a software fork), and leverages on Bitcoin’s security by anchored to the bitcoin blockchain (via merkle root) every few minutes. We have designed the system to be non-Turing complete to reduce smart contract errors and also limited its op codes to only allow run decentralized finance dapps. This ensures that only financial transactions are possible, instead of having games and casinos clogging the ecosystem and causing high transaction fees. DeFiChain is launching a Uniswap style liquid pool, wrapping of assets, and a DEX. This will bring a new option of yield farming to the DeFi space, and we should be the first non-Ethereum based platform to do so. You can see more about our project here: www.defichain.com”
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Tortola, BVI, 24th October, 2021, Pontem is excited to announce that after 3 months, they have achieved Milestone #1 of Parity’s Substrate Builder’s grant program.
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