Know about $DFYN Network and How to Earn DFYN?

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How to Earn on Dfyn Network 

 

Dfyn is a multi-chain AMM dex, with nodes spread across multiple Layer 1 and Layer 2 blockchains. It builds a decentralized swap station to swap large assets natively like BTC, ETH, ADA in a non-custodial way. 

Dfyn will utilize Router Protocol’s cross-chain bridges to seamlessly allow communication and value transfer between different Dfyn nodes.

 

 

Launched initially on Polygon, Dfyn will soon expand to Binance Smart ChainPolkadot and more blockchains.

 

 

Swap

Dfyn’s interface as a DEX is quite similar to that of Uniswap. What’s more, it serves not only for Ethereum tokens but also for multi-blockchain assets.

 

 

Dfyn ensures that all transactions on the Dfyn network remain gasless for the Polygon network with the partnership with Biconomy and the integration of meta-transactions.

 

 

AMM

Just like Uniswap, Dfyn also has an AMM function.

 

 

Whenever a user request is received for a particular asset trade on a particular blockchain, Dfyn’s AMM requests Router to traverse not only through the same blockchain but also through different blockchains and their AMMs to fulfill the order at the right prices with the least slippage. For example, let us say, Router finds a better ETH/USDT price on a venue on the Solana blockchain instead of Uniswap on Ethereum, so Router will try to fill that order from Solana.

 

 

By adding liquidity to Dfyn’s AMM pools and becoming a liquidity provider, you can earn a 0.3% fee on all trades proportional to their share of the pool.

 

 

Farm

You can deposit your LP tokens to receive $DFYN with a high APR. A total of 5.6M DFYN tokens will be distributed as rewards in Dfyn’s farms. 

There are 9 pools with the highest APY of 710.26% for the ROUTE-ETH pool at present. 

The $DFYN token price has a high correlation with Dfyn Network’s on-chain users, volume and transactions. The $DFYN price curve and the Dfyn volume curve almost coincide. So you can regard the dapp data as your $DFYN trading signals. 

 

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