Table of Contents
What is DeFiChain? #
“A blockchain dedicated to fast, intelligent and transparent decentralized financial services, accessible by everyone.” #
Cost To Stake | APR 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