Filecoin’s first DeFi project, “CrossFi,” launched

Filecoin’s first DeFi project, “CrossFi,” launched

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<Source: CrossFi>

[Blockchain Today Reporter Ji-Hye Han] It is expected to launch CrossFi, a decentralized DeFi project.

CrossFi is a DeFi project developed by IBM developers and blockchain experts to solve the fundamental problem of universal mining methods through collaboration. It was launched under the vision of connecting separated assets and liquidity of existing public chains based on cross-chain interoperability technology.

All synthetic assets in the CrossFi ecosystem can use CRFI tokens as collateral assets, and anyone who deposits a deposit to a person who holds CRFI tokens can mine Tether (USDT) and Filecoin, and mining fees Can be replaced with a CRFI token.

In addition, if you deposit Filecoin, you can mine CRFI tokens, and if you deposit CRFI tokens, you can mine Filecoin.

An official of CrossFi said, “As domestic and foreign investors continue to have high interest, we will do our best to provide rich asset value and liquidity support for the development of the DeFi ecosystem.” We will have the capacity to lead,” he emphasized.

Meanwhile, CrossFi is planning to expand the virtual asset market ecosystem in earnest by establishing its own virtual asset exchange in the future.

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