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DefHold Price (DEFO)
$19.17
3.30%
Rank #2962
DefHold Price Chart (DEFO/USD)
Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 |
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DEFO / ETH | $31.74 | 1.52% | $22,012 |
DEFO Price Statistics
$19
24H Range
$22
- DefHold Price Now $19
- 24h Low / 24h High $19 / $22
- Trading Volume $1,622
- Market Cap Rank #2955
- Market Cap $146,298
- Volume / Market Cap 0.0111
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All-Time High
$351 -94.58%
Dec 20, 2020 -
All-Time Low
$16 22.05%
Jun 18, 2022
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DefHold Cryptocurrency: Empowering investors and strengthening decentralization
Introduction
DefHold cryptocurrency is an innovative digital currency that aims to revolutionize the financial industry by empowering investors and supporting decentralization. With a strong focus on community governance and sustainable growth, DefHold offers a unique set of features and benefits that set it apart from traditional cryptocurrencies.
Empowering Investors
DefHold aims to empower investors by giving them the ability to directly participate in the decision-making processes of the platform. Holders of DefHold tokens have voting rights, enabling them to propose and vote on various initiatives such as system upgrades, partnerships, and ecosystem development. This democratic approach ensures that the DefHold community has a say in the future development and direction of the cryptocurrency.
Decentralization and Governance
DefHold places a strong emphasis on decentralization, ensuring that no single entity has control over the cryptocurrency's operations. The platform operates on a decentralized autonomous organization (DAO) model, where decisions are made by a community of token holders rather than a centralized authority. This approach fosters transparency, fairness, and eliminates the risk of manipulation or censorship.
Unique Features and Benefits
DefHold offers several unique features and benefits to its users. One of the key highlights is the auto-staking mechanism, which automatically redistributes a percentage of each transaction among token holders. This encourages long-term holding and stability within the community.Furthermore, DefHold employs a deflationary tokenomics model, where a portion of each transaction is burned, reducing the total supply of DefHold tokens over time. This scarcity factor is designed to increase the value of each token, benefiting early adopters and long-term holders.
Use Cases
DefHold has various use cases within the cryptocurrency ecosystem. It can be used as a means of exchange for goods and services, similar to traditional currencies. Additionally, DefHold tokens can be staked to earn passive income through the auto-staking mechanism. The governance rights associated with DefHold also allow token holders to shape the future of the cryptocurrency according to their preferences.
Conclusion
DefHold cryptocurrency brings forth a new era of investor empowerment and decentralization. Through its innovative features and community-centric governance model, DefHold offers a unique proposition in the cryptocurrency landscape. By fostering transparency and actively involving its community, DefHold aims to create a sustainable and decentralized financial ecosystem that benefits all stakeholders.