It is crucial to exercise caution when engaging with the services offered by this project. EOS Support does not assume responsibility for any potential problems, damages, or losses that may occur as a result of utilizing the services provided by this project.
Defibox, governed by Defibox Foundation, operates as an EOS-based platform designed to facilitate one-step applications. The foundation is responsible for establishing objectives, strategic planning, and resource coordination to ensure the project's sustainable development. The team is primarily dedicated to promoting the growth of Defibox.
Currently, Defibox encompasses three protocols:
Swap
USN Stable Coin
Decentralized Lending
The platform's main offerings are USN and Swap.
USN serves as a stable coin that users can generate by staking EOS. Each USN token aims to maintain a value close to 1 USD.
Swap functions as a decentralized exchange and automated market maker (AMM), similar to Defis.Network's Swap product. It currently holds the distinction of being the largest AMM in the EOS ecosystem, both in terms of value locked (TVL) and transaction volume.
Defibox App is accessible here.
Author: Peter Valenčič
Editor: Markus Hinrichs
Translation: -
Sources & References:
Image credits:
Screenshot from Defibox.io