Reddit Posts
DFX Finance: Next phase of growth comes from launching fractional fiat-backed stablecoins, dfxStables!
DFX: Decentralized FX for foreign stablecoin - 13m DFX in circulation - 6.5m market cap - Doxxed team - hyper-efficient AMM - Unique bonding curve - Minimized slippage - Optimized capital - Maximal utility!
NEWS: Coinbase has DFX under consideration for Q2! - DFX finance: Bringing foreign stable coins to the market - 13m DFX in circulation - 8m market cap - Doxxed team - hyper-efficient AMM - Unique bonding curve - Minimized slippage - Optimized capital - Maximal utility -
DFX: Decentralized FX for foreign stablecoins - 13m DFX in circulation - 6m market cap - Doxxed team - hyper-efficient AMM - Unique bonding curve - Minimized slippage - Optimized capital - Maximal utility - Actively pursuing first DEX listing.
Mentions
Does Canadian currency have a stable coin? Is there a CADC?
I see the opportunity for this too but think it is in stables. Starting to see more foreign currency stables like CADC, EURC, etc. along with AMMs like DFX that use LP pools and real time fx feeds to allow for fx without paying bank fees or fx spreads. While I think the ecosystem is still missing the onboard/offboard options we really need, I feel like they are coming - one example os paytrie in Canada which allows people to buy and sell stablecoins for fiat using etransfers in an entirely non-custodial way (there is no exchange and they send stables right to your wallet). We start seeing that replicated in other countries and I think we will start seeing crypto really start displacing remittance systems with their massive fees and delays.
DFX Finance (DFX) Stable coin pair staking USDC/CADC for 20-30% and not suffer impermanent loss?! This think IS a bank. Expecting DFX to do super well as it is the AMM for Telcoin (rank 100-150) remittances as their app is getting up and running in Q1