Review on dForce by Ibrahim Sunday
dForce review, 2020
I first come across dforce(df) in hotbit, when I first stepped into crypto trading. While trading the DF/USDT pair, I made great trades and great loses majorly due to my pure skills then probably. it has a price of about $0.1-$0.07 over the times with a very good hourly trade volume of over 2million dollars. It recently become number 7 on defipulse, with over 22million set aside for
Even admits the crypto market breakdown earlier in April, dforce continue it's movement to great heights in the crypto economy. The df is planing a full-stack permission less protocol that will be targeted to the Chinese market.
Dforce ecosystem uses the stable coin, USDx for its lending protocol, yield token, liquidity protocol and for its enhancement
USDx aims to be an alternative for USDT as it has the largest trade volume. Df also has the "lendme" platform which enables users borrow and lend funds to its users
Pros
- It has a very good market, trade volume, also, its stable coin USDx has a great future in the Chinese economy.
Cons
- I see nothing wrong with it, but it needs more development and maturity
