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DeFiChain

< 1 min read

What is DeFiChain? #

“A blockchain dedicated to fast, intelligent and transparent decentralized financial services, accessible by everyone.” #

Cost To StakeAPR Per Node
$60K+26.5%+​

Profile #

  • Launched in 2019​
  • Current Market Cap: $1,570,533,100​
  • Designed to offer borrowing, lending, investing, keeping funds ect.​
  • Currently has 10,847 validator nodes staking​
  • Requires 20,000 DFI to stake a node (least staked active validator)​
  • Staking produces 26.5% APR returns on DFI staked ​
  • Does not support delegated staking natively​
  • Destaking/Unbonding: 10 days​
  • Slashing/Penalties: Rating score can impact validator status​
  • Supports Smart Contracts​
  • Does not currently support NFTs​

Node Requirements #

Looking to roll your own node? Here is what’s required. #

  • 24 GHz equivalent CPU (Clock * (Cores + Hyper threads))​
  • 8 GB RAM​
  • 120 GB+ SSD​
  • 10 Mbps Up/Down ​

5 Year Outlook #

Based on our research at StaaS Fund, here are the long term expectations for this asset. #

  • Competitive staking rewards​
  • Rich DeFi integration​
  • Adoption will increase significantly​

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