2023-02-12 07:28:53
Question 1: DeFiChain is built on …?
The answer is – Bitcoin
Question 2: What makes building on Bitcoin special?
The answer is – that it adds security to the blockchain because it is non-turing complete.
Question 3: How much Total Value locked does DeFiChain have?
The answer is – $200M
Question 4: What are dAssets?
The answer is – Synthetic tokens that mimic the value of real-world assets like e.g. stocks.
Question 5: What kind of DeFi applications does the DeFiChain DEX offer?
The answer is – Trading, Loans, Liquidity mining, Minting of dAssets.
Question 6: What is DeFi Meta Chain?
The answer is – A sidechain of DeFiChain that offers full EVM and Web3 compatibility
Question 7: What can you do with $DFI?
The answer is – All options a, b and c
Question 8: What is minting?
The answer is – A process that is needed to keep DeFiChain running
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