CoinSpotter Logo
CoinSpotter
Find the next 1000x Gem 💎
banner

DeFi100

$D100
Today
0
Total
0
BNB Address:
0x9d8aac497a4b8fe697dd63101d793f0c6a6eebb6

Coin Info

Market Cap:
-
Network:
BNB
Categories:

Coin Safety

Project Brief

What Is DeFi100 (D100)?

In 2020, decentralized finance (DeFi) was the fastest-growing segment in the cryptocurrency market. DeFi100 (D100) is a synthetic index fund protocol and a rebase project on the Binance Smart Chain (BSC). It is a pseudo-stable cryptocurrency managed via a so-called rebase that takes place every day.

It was designed to reflect the capitalization of and to serve as an investment vehicle for the entire DeFi market. It can also be used as a speculative asset by traders.

DeFi100 presale took place in the last week of February 2021 on the BSC AMM Launchpad.

Who Are the Founders of DeFi100?

DeFi100 claims to be the first rebase project on the Binance Smart Chain. It was launched by Wrapp3d, a group of developers who design and adopt synthetic assets. Their main goal is to introduce indices and tradable assets to the crypto token economy. The team works anonymously.

What Makes DeFi100 (D100) Unique?

DeFi100 is a digital asset with a capitalization that is based on the total DeFi industry market cap at the ratio of 1:100 billion.

The process of rebasing takes place when the spot price of DeFi100 is not in balance with its target price. Rebase can be positive (the spot price is above the target price, so the token supply expands to lower the spot price) or negative (the spot price is below the target price, so the token supply decreases).

The D100 token is pegged to the value of the total DeFi market cap, which changes every day. The role of the rebase function is to keep DeFi100 pegged to the DeFi market cap.

Swap on UniSwap

Not seeing $D100?

Connect or reconnect your wallet.

Want to know about potential 1000x Gems?💎

Get promising new tokens, crypto news & updates right to your inbox!
banner
banner
banner
linkcross