DeSpace will be the most advanced decentralized finance (DeFi) and NFT navigation platform ever developed. It will solve the problem users currently experience with accessing and using multiple decentralized exchanges and other DeFi solutions by giving users a single interface from which to use multiple DeFi and NFT platforms.
DeSpace is powered by DeChain which is a layer 2 blockchain solution compatible with multiple layer blockchain solutions powering the DeFi and NFT ecosystems. DeSpace’s blockchain – DeChain is a decentralized proof of transaction and delegated proof of stake (DPoTS) consensus protocol which is designed to allow users to mine DES coin while they execute a series of DeFi and NFT transactions on the protocol.
For almost the entire year of 2020, the world had watched the phenomenon of DeFi, but few people actually understood the real benefits and what the market needed from it. In fact, DeFi has been in the crypto industry for some time, but in 2020 it gained immense popularity and attracted many new users to the crypto world.
The live DeSpace Protocol price today is $0.944290 USD with a 24-hour trading volume of $4,248,595 USD. They update our DES to USD price in real-time. DeSpace Protocol is down 16.15% in the last 24 hours. The current CoinMarketCap ranking is #2802, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000 DES coins.
Projects usually only “live” for a maximum of a month, after that users and the project’s devs lose interest, due to the token prices collapse. Then they move to new platforms with the same mentality for the cycle only to repeat itself. This happens due to hyper inflation, as always “the first to skim the cream off, is not the lot.”
DeSpace Defi Coins tokens have no value; a token for the sake of a token. They released another token that can be farmed with almost no losses under crazy APY in the early days. That is almost free tokens.
We’ve seen a huge amount of scams in their most diverse manifestations from fake DEX contracts to the removal of liquidity from the DEXes by the projects’ developers. How cool and advanced will DeSwap be with the actual checking of token contracts.
DeFi and NFT Aggregator
DeSpace DeFi and NFT aggregator will unify DeFi and NFT protocol into one website, making it easier for users to navigate the world of DeFi and NFT protocols while they mine Des coin. We’ve reworked the Yield Farming mechanism. It’ll be for users to take part in various types of liquidity farming and mining programmes.
They decided to revisit the concept of NFTs, to project the true value as it was intended when the idea was originally conceived. In the DeSpace ecosystem there will be a multifunctional NFT marketplace with special functions and integration with other platforms where NFT holders and traders can buy, sell, stake and swap NFTs.
DeSpace Defi Coins protocol is an interest generating loan platform with the release of its stable coins (dUSD, dEUR, dPound, etc) backed and secured by a basket of frozen assets. DeLend is an inspiration from the MakerDAO model as they were one of the first DeFi protocols on the market and their model is time-tested and successful.
Layer 2 blockchain compatible with Layer 1 blockchains. DeChain will allow you to take full advantage of different blockchains on a single platform whilst simplifying the navigation and access to DeFi and NFT suits of products and solutions.
This is a cross-chain and multi-chain DEX with AMM protocol that supports a limit order feature, staking, margins and even futures an exchange for easy crypto to crypto trades.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.