Polkastarter

Dfyn.network is a community-governed DeFi project that offers a low-fee AMM exchange along with yield farming opportunities. It combines the unmatched liquidity of Ethereum with the scalability of L2 platforms. Dfyn will also work on providing a comprehensive platform for social tokens and NFTs. We are launching with the Matic platform, in the first instance. <h3>Mission</h3>In what is clearly looking like a multi-blockchain future, we are committed to establishing a thriving multi-chain ecosystem that includes a trustless decentralized exchange (DEX) coupled with an ultra-fast gasless automated market maker (AMM) which is optimized for the multi blockchain universe. By building a thriving multi-chain ecosystem, our mission is to onboard the next wave of crypto users into the DeFi world. <h3>Features</h3><ul><li>BLOCKCHAIN AGNOSTIC</li><li>ULTRA FAST</li><li>TRANSPARENT</li><li>BETTER USER EXPERIENCE</li><li>HIGH LIQUIDITY</li><li>SCALABLE</li></ul> <h3>The Dfyn Ecosystem</h3>Multi-chain DEX<ul><li>With Dfyn nodes spread across multiple Layer 1 and Layer 2 blockchains, Dfyn will act as a multi-chain DEX. This will allow Dfyn to plug into a liquidity super-mesh, enabling users to perform their asset trades seamlessly on several blockchains from a single interface. Dfyn will also build a decentralized swap station to swap large assets natively like BTC, ETH, ADA in a non-custodial way.&nbsp;</li></ul>Multi-chain Gasless AMM<ul><li>An ultra-fast gasless AMM optimized for the multi blockchain universe, Dfyn AMM will address traditional AMM dex issues, such as impermanent loss, as well as provide enhanced trader analytics.</li></ul>Router ProtocolDfyn will utilize Router Protocol’s cross-chain bridges to seamlessly allow communication and value-transfer between different Dfyn nodes.Layer 2 LaunchpadDfyn’s first-of-its-kind Layer 2 launchpad will allow creators to:<ul><li>launch tokens on multiple chains</li><li>get listed on Dfyn</li><li>initiate farming plays and vesting with no code tools </li><li>stake contracts on Dfyn</li><li>undertake creatively designed Layer 2 IDO strategies in the absence of high ETH fees</li></ul>

DFYN Whitelist for Polkastarter IDO is Now Open: Round 1

Dfyn Completes Seed and Private Financing Rounds Raising $2.4 Million

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Dfyn

Dfyn is a multi-chain protocol which relies on automated market makers (AMMs) instead of order books to enable token swaps.

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On-chain limit orders offer an alternative to centralized exchanges by improving transparency and security, writes Ramani Ramachandran of Dfyn. What are the drawbacks?

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