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What is DeFiChain’s Decentralized Exchange?

What is DeFiChain’s Decentralized Exchange?

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What is DeFiChain’s Decentralized Exchange?

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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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