Users in the Bitcoin community started to notice the dFuture project yesterday. It was really crazy! After being launched on the mainnet for less than 2 hours, DFT price soared from the original $0.02 to $0.23, skyrocketing by more than 11 times at the growth rate of over 1000%.
Although I’ve been active in the Bitcoin community for a long time, I’ve rarely seen such price skyrocketing by dozens of times. In the period from yesterday till now when I’m writing this article, DFT price has remained at $0.23 on a rising trend and once approached $0.24. Its upward trend in the medium and long-term will not change, and it is likely to boom in the later period. It is difficult to predict whether DFT price will exceed $1, so we will not talk about it now. Today, let’s take a look at dFuture to see what kind of company it is. Why can its currency prize soar in such a short period of time?
After digging into it, I’ve found dFuture surprisingly awesome!
Doesn’t dFuture indeed seem competitive? More importantly, it is currently on the rise, and has once achieved good results on BSC and Heco. Next, let’s take a look at this project in detail.
What is dFuture？
dFuture is a decentralized derivatives trading protocol developed by Mix Labs under the MIX Group. It was established in 2020. Started in 2015, Mix Labs is a professional blockchain laboratory established under the Mix Group. So far, Mix Labs has successfully incubated a number of well-known blockchain projects and teams, including Lianwen, MixMarvel, TokenView, Mixpay, etc. . At present, the project party of the dFuture development team has not been made public for the time being, and the team members are developing anonymously.
dFuture is developed based on the QCAMM protocol (Quoted Price and Constant Sum Based Automated Market Maker). The QCAMM protocol obtains the current comprehensive quotation of the trading category through multiple external oracles and decentralized exchanges. Traders can directly complete long or short taking orders based on the quotations. No pending orders are required. There is no slippage. The trading depth is The LP's mortgage amount is directly proportional. LP only provides a single currency mortgage, and there is no impermanence loss.
Here, it’s worth mentioning that the QCAMM protocol was independently developed by dFuture’s internal team, which is also one of their core competencies. It is different from the current mainstream AMM model and the order book model. In this way, maybe everyone It will feel very abstract, then we will directly take the content of the comparison between QCAMM and the mainstream AMM in the market and the traditional order book in the dFuture white paper, so that everyone can better understand:
▲The content of the table comes from the dFuture white paper
In fact, it is simpler to say that dFuture can protect the rights and interests of our users to the greatest extent, and can minimize the risks, which is quite good for our users.
What is dFuture's economic model?
According to the 2.0 economic system recently announced by the dFuture project, the total supply of dFuture's platform token DFT is about 400 million, of which the Ethereum chain DFT is 140 million, the Heco chain DFT is 130 million, and the BSC chain DFT is 130 million.
DFT is distributed in the following directions:
1) Traders’ income: DFT is distributed to traders who have completed valid transactions, that is, trading mining, on the platform.
2) LPs’ income: DFT is distributed to LPs who provide liquidity stakes for the platform, that is, liquidity mining, according to their staking ratios.
3) LP Token income: DFT is distributed to users who provide liquidity for DFT on DEX, that is, LP Token mining.
4) Team: DFT is distributed in the manner of linearly unlocking to the team as a reward for team operation, technology research and development, etc.
5) Private placement: DFT is distributed to early investors for providing more sufficient and beneficial funds and resources for the development of dFuture in the manner of linearly unlocking.
6) Airdrops: In order to promote the dFuture platform, airdrops will be performed for multiple times targeting traders, DeFi community members and other potential user groups.
7) Community rewards: In order to improve the functions of the platform and reward users who are active in community activities, DFT is reserved as rewards for various community activities.
What is the future development of dFuture?
dFuture is a very young project, but overall the team is very thoughtful. In terms of ecological layout, dFuture first launched the Huobi Smart Chain Heco and Binance Ecological Chain BSC in February this year. At the end of October, it opened up the asset cross-chain of Huobi Smart Chain Heco and Binance Ecological Chain BSC, and then in early November. The V2 version was launched and the second layer of Ethereum was officially launched. Behind this series of actions may indicate that dFuture will have greater strategic intentions.
At present, dFuture has completed deployment on the three major public chains, indicating that it has a very strong strategic vision compared with others in the derivatives trading field. It has huge development potential in the future, so I’m quite optimistic about dFuture.
To sum up, the dFuture project is currently very popular in the arena and its appeal is enhanced by its group company, so I personally think that it is quite a good project. Moreover, DFT price is currently skyrocketing. If you are interested, I suggest that you should learn more about dFuture. The project party has also launched the activities of liquidity mining in the secondary pool and airdrops. You should not miss the opportunity to hunt bonus for free.
Although I’ve been active in the Bitcoin community for a long time, I’ve rarely seen such price skyrocketing by dozens of times. In the period from yesterday till now when I’m writing this article, DFT price has remained at $0.23 on a rising trend and once approached $0.24. Its upward trend in the medium and long-term will not change, and it is likely to boom in the later period. It is difficult to predict whether DFT price will exceed $1, so we will not talk about it now. Today, let’s take a look at dFuture to see what kind of company it is. Why can its currency prize soar in such a short period of time?
After digging into it, I’ve found dFuture surprisingly awesome!
- dFuture is currently the only DeFi derivatives exchange built based on QCAMM.
- dFuture is currently the only decentralized exchange that issues NFT in the arena.
- dFuture is a decentralized exchange that has a complete ecological chain on Heco, BSC and Ethereum at the same time. The increase in its currency price occurred at the time when its new version was deployed on Layer 2 on the mainnet.
- dFuture was officially launched not long ago. It has achieved the total trading amount of over USD 20 billion and the daily trading peak of USD 600 million, and is currently serving more than 70,000 users. It once surpassed dYdX.
Doesn’t dFuture indeed seem competitive? More importantly, it is currently on the rise, and has once achieved good results on BSC and Heco. Next, let’s take a look at this project in detail.
What is dFuture？
dFuture is a decentralized derivatives trading protocol developed by Mix Labs under the MIX Group. It was established in 2020. Started in 2015, Mix Labs is a professional blockchain laboratory established under the Mix Group. So far, Mix Labs has successfully incubated a number of well-known blockchain projects and teams, including Lianwen, MixMarvel, TokenView, Mixpay, etc. . At present, the project party of the dFuture development team has not been made public for the time being, and the team members are developing anonymously.
dFuture is developed based on the QCAMM protocol (Quoted Price and Constant Sum Based Automated Market Maker). The QCAMM protocol obtains the current comprehensive quotation of the trading category through multiple external oracles and decentralized exchanges. Traders can directly complete long or short taking orders based on the quotations. No pending orders are required. There is no slippage. The trading depth is The LP's mortgage amount is directly proportional. LP only provides a single currency mortgage, and there is no impermanence loss.
Here, it’s worth mentioning that the QCAMM protocol was independently developed by dFuture’s internal team, which is also one of their core competencies. It is different from the current mainstream AMM model and the order book model. In this way, maybe everyone It will feel very abstract, then we will directly take the content of the comparison between QCAMM and the mainstream AMM in the market and the traditional order book in the dFuture white paper, so that everyone can better understand:
▲The content of the table comes from the dFuture white paper
In fact, it is simpler to say that dFuture can protect the rights and interests of our users to the greatest extent, and can minimize the risks, which is quite good for our users.
What is dFuture's economic model?
According to the 2.0 economic system recently announced by the dFuture project, the total supply of dFuture's platform token DFT is about 400 million, of which the Ethereum chain DFT is 140 million, the Heco chain DFT is 130 million, and the BSC chain DFT is 130 million.
DFT is distributed in the following directions:
1) Traders’ income: DFT is distributed to traders who have completed valid transactions, that is, trading mining, on the platform.
2) LPs’ income: DFT is distributed to LPs who provide liquidity stakes for the platform, that is, liquidity mining, according to their staking ratios.
3) LP Token income: DFT is distributed to users who provide liquidity for DFT on DEX, that is, LP Token mining.
4) Team: DFT is distributed in the manner of linearly unlocking to the team as a reward for team operation, technology research and development, etc.
5) Private placement: DFT is distributed to early investors for providing more sufficient and beneficial funds and resources for the development of dFuture in the manner of linearly unlocking.
6) Airdrops: In order to promote the dFuture platform, airdrops will be performed for multiple times targeting traders, DeFi community members and other potential user groups.
7) Community rewards: In order to improve the functions of the platform and reward users who are active in community activities, DFT is reserved as rewards for various community activities.
Distribution directions | Ethereum | Heco/BSC | ||
Quantity (unit: 10,000) | Proportion | Quantity (unit: 10,000) | Proportion | |
Traders’ income | 4900 | 35% | 3600 | 27.7% |
LPs’ income | 2450 | 17.5% | 1800 | 13.8% |
LP Token income | 2450 | 17.5% | 1800 | 13.8% |
Team | 1400 | 10% | 2300 | 17.7% |
Private placement | 1400 | 10% | 2300 | 17.7% |
Airdrop | 700 | 5% | 900 | 6.9% |
Community rewards | 700 | 5% | 300 | 2.3% |
What is the future development of dFuture?
dFuture is a very young project, but overall the team is very thoughtful. In terms of ecological layout, dFuture first launched the Huobi Smart Chain Heco and Binance Ecological Chain BSC in February this year. At the end of October, it opened up the asset cross-chain of Huobi Smart Chain Heco and Binance Ecological Chain BSC, and then in early November. The V2 version was launched and the second layer of Ethereum was officially launched. Behind this series of actions may indicate that dFuture will have greater strategic intentions.
At present, dFuture has completed deployment on the three major public chains, indicating that it has a very strong strategic vision compared with others in the derivatives trading field. It has huge development potential in the future, so I’m quite optimistic about dFuture.
To sum up, the dFuture project is currently very popular in the arena and its appeal is enhanced by its group company, so I personally think that it is quite a good project. Moreover, DFT price is currently skyrocketing. If you are interested, I suggest that you should learn more about dFuture. The project party has also launched the activities of liquidity mining in the secondary pool and airdrops. You should not miss the opportunity to hunt bonus for free.