What is EIFI Finance?
With this post we’ll be reviewing the multi-chain decentralized exchange (DEX), and we’ll get to decipher it’s legitimacy.
EIFI finance is a relatively new AMM DEX, which is developed with an AMM DEX, IDO and NFT Marketplace platform in one place in the Binance smart chain with its token (EIFI).
EIFI empowers developers, liquidity providers and traders to participate in an open and accessible financial market within the community-driven platform for the EIFI, EIFI Stack & Yield Agriculture, Lend & Borrowing.
EIFI was set up 2021 in London. They claimed to have worked relentlessly to help promote the specialist development field of central and decentralized exchange development.
Some industry professionals referred to the EIFI team as “pioneers” in exchange technology from Crypto as their early development.
Since its conception, their team has continued to learn and develop like an organization, and their once modest team has become a far-reaching and diversified bunch.
EY FUNDING LIMITED aids an EIFI community of more than 20,000 people in Europe, Vietnam, South Africa, Russia, Korea and China to provide professional Crypto asset management platforms, asset management and services to 1,00,000 users in over 40 + countries worldwide.
EIFI Finance Token
EIFI Token is an EIFI finance utility token that is built on the Binance smart chain blockchain. Its current price is $80, it has a maximum supply of 150,000,000 EIFI, and it has a 24-hour trading volume of over $111,000 EIFI. Its market capitalization is unknown, and it can be traded on pancakeswap.finance.
With a 24-hour trading volume of $340,697 USD, the live EIFI FINANCE price to 7/17/2021 is $95.17 USD. In the previous 24 hours, EIFI FINANCE has lost 9000 percent of its value. With a live market cap of not available, the current CoinMarketCap ranking is #2871. There is no circulating supply and a maximum quantity of 150,000,000 EIFI coins.
EIFI Finance Verdict
The way crypto-monetary users interact with the protocol has changed decentralized finance (Defi). The first time, Blockchain assets might enjoy currency characteristics like compound interest and decentralized trade rather than a new data processing infrastructure.
Compared to typical financial services, the Defi protocols returned users to the asset ownership instead of to intermediaries and created a market in which protocols could not centralized entities trust.
EIFI finance is a new challenge project, so credibility has not yet been proven, and if you participate in the pre-sales or Airdrop, you should take due diligence and get reviews from people already using the system. In Crypto terms, Do Your Own Research (DYOR).
Here you have it, a review on the EIFI finance platform. If you have any suggestions or difficulty using the platform, kindly indicate in the comment section.