Review on dForce by LUIS RIVERO R
DEFI ecosystem currently with great untapped potential.
This is another DEFI protocol built on the ethereum network that provides rewards to liquidity providers to different mining pools.
What makes it different?
Basically, it is not only focused on providing liquidity to exchanges but also offers loans, asset creation and of course it is on being a provider of liquidity in the pools.
Regarding its security, it should be noted that most of its contracts are verified by various projects that are responsible for conducting audits, thus creating a safe environment for investors.
It has a synthetic stable currency issued by backup contracts, Digital Gold backed by the physical asset.
In general, it offers an easy-to-use investment environment, it also has a wide range of services offered, more than just an exchange you can obtain returns for investments in products or money that you are not using, of course the latter under individual risk.
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Pros
- It has different investment services developed in decentralized contracts.
- The contracts have been verified by third parties.
Cons
- It has good volume on all exchanges where it is listed.
