CRFI
CrossFi
+
0%
$ 0.00676861
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
- -CrossFi$ 0.00676861--0 CRFI+ 0%
CrossFi. Price of cryptocurrency: $ 0.00676861
Crossfi is what it is. Crossfi is an interoperability cross-chain solution. CrossFi introduces a L1+L2 trust layer to help scale the transaction speed, lower the gas fee, and further extendable to improve the user experience by giving users the availability to any liquidity pools. The Multi-Asset Adaptor Protocol (MAP) is used to bridge the gap between compatible public chains and non- compatible ones.
There is a file coin Ecosystem. Stakeholders in the file coins are looking to use decentralization finance. The value CrossFi brings to the DeFi space is to give investors access to locked digital assets. For example, filecoin users can stake their FIL on the network using the CrossFi protocol and mint an equivalent amount of liquid cFIL. Users who want to later unlock their staked filecoin must send the equivalent amount of cFIL to the redemption contract in order to burn the synthetic cFIL for a small settlement fee.
CRFI. CRFI is a token used on the CrossFi platform. CRFI is the native currency of the CrossFi platform and is used to execute on-chain operations and pay transaction fees. The creation of synthetic assets will be aided by the use of CRFI as a trading pair. CRFI token holders can earn rewards by securing the network with their CRFI. The stabilization fund is meant to help control inflation, ensure proper community incentives, and generally to hedge against risk.
There is a file coin Ecosystem. Stakeholders in the file coins are looking to use decentralization finance. The value CrossFi brings to the DeFi space is to give investors access to locked digital assets. For example, filecoin users can stake their FIL on the network using the CrossFi protocol and mint an equivalent amount of liquid cFIL. Users who want to later unlock their staked filecoin must send the equivalent amount of cFIL to the redemption contract in order to burn the synthetic cFIL for a small settlement fee.
CRFI. CRFI is a token used on the CrossFi platform. CRFI is the native currency of the CrossFi platform and is used to execute on-chain operations and pay transaction fees. The creation of synthetic assets will be aided by the use of CRFI as a trading pair. CRFI token holders can earn rewards by securing the network with their CRFI. The stabilization fund is meant to help control inflation, ensure proper community incentives, and generally to hedge against risk.