DFX Finance DFXPrice $ 0.00891

DFX Finance is a decentralized foreign exchange (FX) protocol optimized for trading fiat-backed foreign stablecoins, (CADC, EURS, XSGD, etc.). You can safely earn yield or use the DFX platform and its contracts to provide true financial localization for the customers of your global business. The next generation of global finance cannot rely solely on USD-pegged stablecoins. A decentralized protocol where users can swap non-USD stablecoins pegged to various foreign currencies is not only important, but necessary.

Products of DFX Finance include:

• An AMM optimized for efficient swaps
• Hybrid synthetic stablecoins stabilized by fiat-backed stablecoins (dfxCAD, dfxEUR, dfxSGD).

Anyone can take part in the DFX governing process, and anyone that holds the DFX Token can vote on proposals. Governance is what makes decisions about new features and the directions the DFX Protocol should/could go. The DFX token is the governance token for the DFX protocol. DFX token holders are able to submit proposals and vote on protocol changes as a decentralized community / decentralized autonomous organization (DAO).