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Is DeFi100 a coin?

Is DeFi100 a coin?

DeFi100 (D100) is a BSC-based BEP-20 token.

What is DeFi100 rebase?

DEFI100-Rebase is an elastic supply synthetic index token based on the total market cap of the DeFi sector. Pegged at a ratio of 1:100 Billion, DEFI100 derives its data using decentralized oracles from DIA to maintain the accuracy of feeds and accurate rebases.

What happened to DeFi100?

The cryptocurrency has clarified that its website was hacked and the hackers had put the message. DeFi100, a cryptocurrency project, allegedly scammed investors of $32 million (roughly Rs. Since then, DeFi100has clarified that their website was hacked and the hackers had put the message, which has been taken down now.

Who is DeFi100?

DeFi100 is a cryptocurrency. Much like Bitcoin, Dogecoin, Ethereum and more, the DeFi100 is another cryptocurrency coin, however, it’s lesser-known than the current leaders in crypto. DeFi100 joined Twitter in November 2020, so it’s a cryptocurrency that has joined the market relatively recently.

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How do I buy DeFi100?

How to Buy DeFi100 (D100) [For Beginners]

  1. Step 1: How to create a Binance account: 1.1 Visit Binance’s Website (https://www.binance.com/en)
  2. Step 2: Buying your first Bitcoin (BTC)
  3. Step 3: Create a Metamask Account.
  4. Step 4: Connecting MetaMask to Binance Smart Chain.
  5. Step 5: Deposit BNB to your MetaMask wallet.

What is DeFi100?

Cryptocurrency project DeFi100, a decentralized finance (DeFi) protocol built on the Binance Smart Chain, appears to have been a scam, with the people running it having taken investors’ money and running. A unnamed crypto analyst on Twitter with more than 197,000 followers put the haul at $32 million.

What is defi100 (dfi100)?

The DeFi100 is built on the Binance Smart Chain, an independent blockchain which is being used for development by more than 600 digital assets including PancakeSwap, Ellipsis, Unifi Protocol as well as DeFi100.

What is D100 (D100)?

The D100 is the token from DeFi100 and is essentially cryptocurrency, much like Bitcoin or Cardano or Ethereum, just that D100 is much lesser known in comparison. While a lot of digital coins have their own blockchain network, like some of the popular cryptocurrencies, tokens instead are built on an existing blockchain.

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What is the value of defi100’s native token?

According to a report on Coindesk, the value of D100, DeFi100’s native token, has plunged 25 per cent in the last 24 hours to $0.08 (roughly Rs. 6).