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DFYN

ICO

Dfyn is a multichain AMM DEX currently functional on the Polygon network. Dfyn nodes on various chains act as liquidity entry and exit points into the cross-chain liquidity super mesh that is being enabled by Router Protocol.

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Overview

Project industryExchanges & Wallets
Product typeDApp

What is DFYN

Vision

To achieve an inclusive DeFi ecosystem empowered by a fairer, cheaper and more accessible multi-chain AMM.

Mission

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.

The Dfyn Ecosystem

Multi-chain DEX

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.

Multi-chain Gasless AMM

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.

Router Protocol

Dfyn will utilize Router Protocol’s cross-chain bridges to seamlessly allow communication and value-transfer between different Dfyn nodes.

Layer 2 Launchpad

Dfyn’s first-of-its-kind Layer 2 launchpad will allow creators to: launch tokens on multiple chains
  • get listed on Dfyn
  • initiate farming plays and vesting with no code tools
  • stake contracts on Dfyn
  • undertake creatively designed Layer 2 IDO strategies in the absence of high ETH fees
  • Details

    Public sales: May 10, 2021 - May 10, 2021
    Token supply: 250,000,000 DFYN
    Total tokens for sale: 3,250,000 DFYN
    Soft cap: 305,500 USD

    Legal

    Registration year: 2020

    Token info

    Ticker: DFYN
    Type: Utility-token
    Token standard: ERC20
    Token price in USD: 1 DFYN = 0.094 USD
    Token distribution:
    Reward Pool - 30.00%
    Ecosystem Fund - 15.00%
    Partners & Advisors - 20.00%
    NFT Airdrops - 2.75%
    Liquidity Provision Fund - 2.25%
    Team - 15.00%
    Seed - 6.00%
    Private Sale - 8.00%
    Public Sale - 1.00%

    DFYN Roadmap

    1
    Q3 2020

    Development Starts : Launch beta AMM exchange on Layer-2 Polygon (exchange.dfyn.network)

    2
    Q4 2020

    Spacefarm One week farm sprint on L1 - crossed $3 million TVL Meta-transactions integrated; Zero gas costs for users

    3
    Q1 2021

    Galaxyfarm Crossed $2M in TVL in a day L2 farm yielding 5 tokens for every liquidity pair

    4
    Q2 2021

    Dfyn nodes on other chains - BSC, Polka, Avalanche, Solana; Dfyn token as collateral on platforms TGE Listing on Uniswap L1/Dfyn L2

    5
    Q3 2021

    Integration with Router Aggregator Single Asset staking/impermanent loss hedging Launch of cross-chain IDO platform (L2) ; ‘Intelligent’ Market Maker

    6
    Q4 2021

    Cross-chain credit markets infra/tools to enable seamless cross collateralization and borrowing across chains

    Project team

    Ramani Ramachandran
    Ramani Ramachandran
    CEO & Co-founder
    Ramani Ramachandran linkedin
    Chandan Choudhury
    Chandan Choudhury
    Co-founder
    Chandan Choudhury linkedin
    Shubham Singh
    Shubham Singh
    CTO & Co-founder
    Shubham Singh linkedin
    Priyeshu Garg
    Priyeshu Garg
    Co-founder
    Priyeshu Garg linkedin
    Mounica Durga
    Mounica Durga
    Co-founder
    Mounica Durga linkedin

    Social media

    DFYN web-siteDFYN MediumDFYN TelegramDFYN LinkedInDFYN TwitterDFYN Github

    MVP

    MVP URL

    User rating:

    5/5 ( 1 )
    7

    How To get a verified Project status

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    One Response

  • Lelegi AmamieyeMay 3, 2021 at 6:19 am

    I want to invest in DFYN

    Reply
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