How can DeFiChain be described in one sentence?
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How can DeFiChain be described in one sentence? |
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How can DeFiChain be described in one sentence?
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Q1. How can DeFiChain be described in one sentence?
Answer : DeFiChain is a blockchain dedicated to Native Decentralized Finance for Bitcoin.
Q2. What is Decentralized Finance?
Answer : Decentralized Finance are all types of financial applications without the need of a third party intermediary like a bank
Q3. What are the benefits of #NativeDeFi?
Answer : Native DeFi is more secure than non-Native DeFi because the consensus happens directly on the native blockchain layer, instead of getting compiled and running through a virtual machine like on Ethereum.
Q4. What are the main ways to earn incredibly high yields with DeFiChain?
Answer : Staking and Liquidity Mining offer great and easy ways for anyone to earn block rewards with over 50% yearly returns.
Q5. What is DeFiChain’s Decentralized Exchange?
Answer : DeFiChain’s decentralized exchange is the cornerstone of most decentralized financial applications in the DeFiChain ecosystem, enabling trading, liquidity mining and more
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