What is detc (dep)?
What is detc? Detc is a decentralized exchange (DEX) based on the Ethereum block
What is detc? Detc is a decentralized exchange (DEX) based on the Ethereum blockchain. Users can use their own funds to carry out decentralized asset exchanges, issue tokens, or run smart contracts on other networks. In addition, Detc provides various functions: it allows users to borrow stablecoins DAI and USDC by mortgaging ETH, supports multi-chain deployment (such as Arbitrum), Ethereum, etc., can be used as a currency or interest-bearing tool, and can be used in various financial applications and payment processors.
What is dep?
According to official sources, dep is a decentralized financial service platform based on the Ethereum network. Dep allows users to deposit assets on the platform and earn interest, while also earning income through lending protocols.
According to the official website, the total supply of dep tokens is constant at 1 billion, of which 50% will be allocated to the community, 25% for development teams and advisors, 15% for the ecosystem, and 5% for developer incentives. dep is also known as the “DeFi currency.” Specifically, it is a form of digital cash supported by decentralized smart contracts, which can be exchanged for fiat currency, stablecoins, or other cryptocurrencies. The governance token DEP can be used for voting on project future directions and participating in governance.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/22928/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
What is ICO Small Ant Stock (Small Ant Stock Team Member)
ICO Ant Stock is what IcoPilipinas is a technology startup jointly owned by Chinese investment companies, which issues a new type of digital currency linked to stocks. On March 31, 2018, PwC, one of China’s investment enterprises, announced the official launch of blockchain related projects and released the first batch of 10 ICO tokens, including mainstream crypto assets such as Bitcoin, Ethereum and Litecoin. According to the information disclosed in the announcement, PwC has completed comprehensive strategic financing for the first batch of 50 startups and the first phase of S $100 trillion capital injection. And this release of the “ico small horse stock” has also received high recognition from the Chinese capital market. We believe that this is the direction of future development and also the trend of financial industry development Small Ant Stock Team MembersAccording to Cailian News Agency, two members of the Ant Stock team have joined in 2018. One of them was Li Lihui, the former…
-
RabbitHole V2: An Invitation to Special Tasks
According to reports, Brian Flynn, CEO of RabbitHole, Web3 tutorial protocol, said on Twitter: \”If you want to have the opportunity to participate in special t…
-
Cryptocurrency to play a crucial role in the growth of smart contract market size by 2030
It is reported that according to Zion Market Research, the global smart contract market size will be about 1.75 billion US dollars in 2022, and is expected to …
-
Bitstamp’s Scheduled Maintenance Upgrade
On March 11, Bitstamp announced that due to the planned infrastructure upgrade and maintenance, all services in the network platform and applications (includin…
-
A Beginner’s Guide to Trading Cryptocurrency on FTX, Tether, and Uniswap in Hungary
12:00-21:00 Keywords: Hungary, FTX, Tether, Uniswap
Overview of important developments on the evening of March 31
Are you interested in trading cryptocurrency in Hungary? If yes, t -
Maelstrom, the Family Office of BitMEX Co-founder Arthur Hayes, Invests in Private Companies
It is reported that Arthur Hayes, co-founder and former CEO of BitMEX, said that his family office, Maelstrom, has made 10 to 20 investments in private compani…
-
The Uncertainty of Cryptocurrencies among Americans
According to reports, a recent survey shows that the majority of Americans who focus on cryptocurrencies question the security of this space. A report released by the Pew Research
-
What does “比特儿cny” mean (bit’er currency)?
What does \”比特儿cny\” mean? 比特儿cny is a peer-to-peer cryptocurrency trading platfor
-
McCarthy Believes in Biden’s Capability to Handle Banking Issues in Silicon Valley
It is reported that McCarthy, the minority leader of the United States House of Representatives, said that the Biden government has the tools to deal with the banking problems in Silicon Valley. I hope to hear the announcement about Silicon Valley Bank today, which is attractive to any potential buyer. McCarthy, the minority leader of the United States House of Representatives: The Biden government has the tools to deal with the banking problems in Silicon Valley Analysis based on this information:The recent statement made by Minority Leader Kevin McCarthy of the United States House of Representatives regarding the banking issues in Silicon Valley has sparked curiosity and interest among those closely following developments in the tech industry. McCarthy expressed his confidence in Joe Biden’s administration’s ability to address these problems, stating that they have the tools to handle such concerns effectively. Given Silicon Valley’s reputation as the epicenter of the tech world, it’s not surprising that banking issues would arise…
-
Caldera Raises $9 Million in Financing for “Rollup as a Service” Blockchain Platform
It is reported that Caldera, the \”rollup as a service\” platform, has announced that it has raised $9 million in two rounds of financing, led by Sequoia Capital…
-
Wormhole Interoperability Protocol Test Network Launched on Base Goerli
On February 26, the interoperability protocol Wormhole said on Twitter that the Wormhole test network had been launched on the Base Goerli 48 hours after Coinb…
-
Coin Security to Support the Upgrade of Aelf (ELF) Network: What Does it Mean for Investors?
According to the official announcement, Coin Security will support the upgrade of the Aelf (ELF) network. Coin An is expected to suspend the recharge and withdrawal services of ELF
-
What is Triangle Arbitrage (How to Profit from Triangle Arbitrage)
What is Triangle Arbitrage? What is Triangle Arbitrage?Why do we need to do Tria
-
Gitcoin Presents NFT Series Records Highest Trading Volume on OpenSea
It is reported that the value of the Gitcoin Presents NFT series, launched jointly by the blockchain financing company Gitcoin and the NFT platform Metabel, so…
-
What is Dfinity Coin (How is Dfinity Coin)?
Dfinity Coin is a blockchain technology development company that has announced
-
Illegal Foreign Exchange Involving Cryptocurrency Unearthed in South Korea
On March 7, the General Administration of Customs of the Republic of Korea found that 5.6 trillion won (4.3 billion US dollars) of illegal foreign exchange tra…