Hello everyone how are you .. ?? I hope it's fine. On this occasion I will discuss about a new token from Defi, namely Defi Gold or DFGL. Before we discuss Defi Gold, it's better if you understand first what DeFi is ... ?? DeFi (Decentralized Finance) is an application that uses smart contracts, which run (usually) the Ethereum blockchain, to obtain loans in the form of crypto assets and as collateral for crypto assets. For example, you can pledge to Ether (ETH) to get a loan in the form of DAI stablecoin worth US dollars. Smart contracts are the best feature on the Ethereum blockchain. Anyone can use it to create attractive applications. The use of smart contracts in the DeFi sector has increased in recent times, which is reflected in the value of the crypto assets stored in them.
Smart contracts are a typical "programming language" on the blockchain. Programmers can take advantage of that code to create applications that run entirely on the blockchain
The use of smart contracts guarantees minimal human intervention in the process. Users can simply be sure that the program code runs automatically.
Based on data from DefiPulse, the cumulative valuation of crypto assets held in the DeFi sector reached US $ 1.85 billion distributed across 30 Defi applications, from Compound to Connext. All of them are competing for a large number of users with crypto assets that are constantly growing.
The top three DeFi, Compound (US $ 629.8 million), Maker (US $ 557.9 million) and Synthetic (US $ 319 million), for example, continue to compete.
Any DeFi can be used by anyone, as long as they use the highly recommended crypto MetaMask asset wallet. At DeFi Maker, for example, users pledge their Ether crypto assets and get DAI as a loan. DAI is a stablecoin that is worth US dollars, where the value of 1 DAI is equal to US $ 1.
DeFi also promises transparency values, where the program code used is open and visible to the public. However, the mistake of combining different codes can lead to disaster, as happened to Lendf.me some time ago: user funds lost, equivalent to hundreds of billions of rupiah.
What is clear is that DeFi is living proof of blockchain technology and the other techniques involved in it, namely smart contracts. However, since this is still in its early stages, there is a possibility of misuse of the program code, which could lead to death and lead to public distrust.
This also can lead to stagnation in adoption by large institutions. In that case, what needs to be encouraged is the standardization of the special DeFi and dApp code by the International Organization for Standardization (ISO). Without ISO, there are no guarantees, especially for large-scale businesses.
This means that there are still many big challenges facing DeFi. And at the same time, blockchain defenders have to work harder and harder to maintain that trust. Continue to DeFi Gold. DeFi Gold (DFGL) is a cryptocurrency launched in 2020. DeFi Gold currently has 0 in stock. DeFi Gold's last known price was 25.00247036 USD and it is down -2.37 over the last 24 hours. Currently trading on 1 active market with $ 6,156.74 traded over the past 24 hours. Further information can be found at https://defigold.finance/. DeFi Gold price for today is XXX 26.22 with a 24-hour trading volume of XXX 13,419. DFGL price has increased 0.6% in the last 24 hours. It has a circulating supply of 0 coins and a max supply of 27 Thousand coins. Uniswap (v2) is currently the most active market that makes exchanges. To view addresses and transactions you can use a block explorer such as etherscan.io. Further information can be found at https://defigold.finance/. There are only 27,000 DFGL in total supply (while some Tokens will be burned before we launch our fully Decentralized Ecosystem) DFGL Tokens are the only key to accessing our great Ecosystem which will allow everyone on the platform to make huge profits to stake or hold multiple tokens DFGL in our DFGL App, This is what we call BECOME YOUR OWN BANK while making huge profits due to the increase in the value of your assets (DFGL Tokens)
Token name: Defi Gold Token Symbol: DFGL Decimal place: 18 Contract address: 0xE3a64A3c4216B83255b53Ec7eA078B13f21a7daD
OUR SOFTCAP is $ 112,000 Our HARDCAP is $ 575,000
