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Review on dForce by Douglas Cachazo

Revainrating 4 out of 5

dForce DF: Decentralized financial platform supported by 3 protocols

Asian Project net financial and decentralized that relies on 3 protocols that represent the engine that moves its platform and are The protocol of assets, protocol of liquidity and finally the Protocol of loans. Each one with a specific objective.

The assets protocol is in charge of everything related to the management of digital assets,

The asset protocol operates with 3 tokens such as the USDX token which is backed by Fiat money, the OROx token backed by physical gold and the Dtoken token which basically is a bridge since it will be received by the people who invest assets, it has multiple uses, it is exchangeable and transferable and its possession will be at the discretion of its owner since it can be exchanged whenever he wants.


The other protocols, loans and liquidity, are still under development and their function, as their name indicates, is to manage loans on the platform and provide liquidity.

Within the platform is the Dforce trade to make asset exchanges.
The project since its inception had an acceptable acceptance until in April this year was the victim of an attack with results to the loss of almost all the funds deposited, I am not clear yet what amount could be recovered and if any user incurred loss of their investment

The project has good investors such as Huobi capital and Multicoin capital, their tokens can be kept in portfolios such as Imtokem, Bitpie, Token poket and math Wallet and is accepted in exchanges such as Huboi, Coinbene, hotbi, Mxc, Gate among others.

img 1 attached to dForce review by Douglas Cachazo



Pros
  • Acceptable Asian financial project
  • It has good investors
  • Your currencies accepted in various exchanges
  • Good presence in social networks
Cons
  • Loss of almost all the funds deposited by cybernetic attack.
  • Still in development.