DEFED is a Web 3.0 super account that combines saving, borrowing and transfer with ETH address based messages.
In the current market, a large number of DeFi users have to keep ETH in their accounts at all times as gas for interaction, which creates a huge potential waste. DEFED wants to give financial value to these assets in a simple way, so that they can help their holders earn interest income. It is reported that this can be done without a threshold, just imagine making money all while you sleep.
From the latest news, DEFED released ver 1.0 and launched the IFO (Initial Fair-launch Offering) at 00:00 UTC on September 28th. Their product main focus is on convenient and efficient financial services, allowing users to earn interest from their idle assets with low barriers.
DEFED offers an efficient transfer service at low cost, while ensuring that users can complete payments without additional operations such as withdraw. In response to the problem of high communication costs for crypto transfers, DEFED provides a message service based on Ether address to help users confirm various aspects of the transfer, reducing communication costs and actual expenses.
With the development of DeFi and Web 3.0, it’s evident that invisible costs have become increasingly high, whether it is the opportunity cost of idle assets or the additional communication cost when transferring money. While the original purpose of blockchain technology is supposed to initiate intermediate steps to reduce the cost, meaning the current booming industry development essentially ignores the original purpose of blockchain technology.
By acknowledging this issue, DEFED provides an innovative and comprehensive solution with the go-to infrastructure for users to access and use on Web 3.0. You can pay cryptocurrency to your friends very easily, just as you tweet. By using DEFED, all you need in saving and borrowing will be combined in one DeFi Protocol.
DEFED also emphasizes on security for users and DEFED has already gone through security audits from Certik and Armors on the 1.0 version of the smart contract.
At time of launch, the DEFED IFO has completed over 100 ETH.
Try DEFED product here, https://DEFED.finance
Know more about DEFED. https://linktr.ee/DEFED
Join their community for limited Early Bird roles.
https://discord.gg/8mfnRPAExk
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
BNB has staged a sharp recovery after a volatile week that saw most major cryptocurrencies…
XRP price is currently down and is trading below $2.50. However, XRP faces two main…
The cryptocurrency market has been in turmoil, and XRP has not been spared. After days…
The cryptocurrency market suffered a massive wipeout, erasing nearly $800 billion in value within 24…
The Ethereum price suffered a steep decline as panic gripped global markets, pulling ETH/USD from…
The crypto market is currently in a robust recovery period as investors are shifting towards…
