What is the current price of dForce (DF)?

The current price of dForce (DF) is 0.09195300802687544 AUD, representing a -0.75 from the day prior.

Can I buy dForce (DF) on Coinstash?

Yes - you can easily buy and sell dForce (DF) on Coinstash. Simply login or sign up, to start buying dForce (DF) in minutes.

Where is the best place to buy dForce (DF) in Australia?

The best place to buy dForce (DF) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell dForce (DF) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of dForce (DF)?

The trading volume of dForce (DF) is 4.9M AUD in the last 24hrs, representing a -0.75 from the day prior.

How can I buy dForce (DF)?

dForce (DF) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of dForce (DF)?

The current market cap of dForce (DF) is 92.1M AUD.

Can I convert dForce (DF) to cash?

Yes - With Coinstash you can convert your dForce (DF) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many dForce (DF) are there?

The current circulating supply of dForce (DF) is 999.9M.

Is Coinstash a safe place to buy dForce (DF) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling dForce (DF) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy dForce (DF)

What is dForce?

dForce is a permissionless liquidity network designed for Web3, providing a range of integrated and interoperable financial services. This includes decentralized stablecoins, general money markets, yield tokens, Real World Asset (RWA) tokens, and more. Its primary goal is to establish an open financial ecosystem that offers scalability and interoperability within the decentralized finance (DeFi) sector.

How does dForce work?

dForce operates as a multi-chain platform, developing integrated open finance solutions that encompass stablecoins, digital assets, and lending services. While specific details of its consensus mechanisms and algorithms are not provided, it likely employs common DeFi protocols such as Proof of Stake (PoS) or Delegated Proof of Stake (DPoS). dForce uses smart contracts to manage its suite of Web3 infrastructure protocols, facilitating a variety of financial operations and services.

What are the potential use cases for dForce?

dForce's potential use cases include:

Arbitrage: Utilising its lending and borrowing protocols for arbitrage opportunities.
Yield Farming: Allowing users to earn passive income by depositing cryptocurrencies into lending protocols.
Synthetic Assets: Enabling the trading of synthetic versions of real-world assets.
Stablecoin Usage: Using its USX stablecoin for transactions and financial stability.

Real-world applications include lending protocols, DEX aggregators for optimising trades across multiple platforms, and cross-chain bridging for asset transfers. Its primary market includes DeFi and the stablecoin market, aiming to provide solutions that increase flexibility and efficiency.

What is the history of dForce?

dForce was founded by Mindao Yang in July 2019, who was an early investor in Ethereum and has extensive experience in private equity and venture capital. Key historical milestones include securing $1.5 million in a funding round in April 2020 and experiencing a hack in the same month that resulted in the temporary loss of most of its assets. The stolen funds were returned, and by May 2020, users were reimbursed. dForce has since enhanced its security measures and expanded its network across multiple blockchains.