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DFX meaning in Cryptocurrency ? |
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Answer» DFX is an Ethereum-based decentralized exchange protocol (like Uniswap) with a dynamically tuned bonding curve optimized for fiat-backed stablecoins (like USDC, CADC, EURS, XSGD, etc) using real-world FX price feeds. Mainstream adoption of Web 3.0 requires assets that are protected from price volatility. By focusing on fiat-backed stablecoins on the Ethereum blockchain, we leverage the existing defi ecosystem to bootstrap humanity's next generation foreign exchange. reference |
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