dForce (DF)

dForce is a system of financial protocols, complete with assets, lending, and trading, serving as DeFi infrastructure in Web3. It is interoperable with other DeFi protocols and blockchain platforms, allowing users to deploy and manage assets from different blockchains. It consists of the components DF Lending, Trade, Staking, DAO, and the stablecoin USDx. This stablecoin, issued by dForce, is pegged to a basket of various other stablecoins, helping maintain stability in the stablecoin's value. It is also possible to borrow through this protocol and engage in cross-chain trading thanks to the Celer Inter-Chain Messaging framework. The platform also supports yield farming and liquidity mining, enabling users to earn returns by participating in liquidity pools and other DeFi activities. The ecosystem is funded by the DF token. dForce employs a governance model where DF token holders can make decisions about important protocol changes and upgrades, giving them a say in the project's future development. Rewards and transaction fees are also paid with DF tokens.