Multi-Chain

DeFido is a multi-chain token

DeFido token is available on more than one blockchain. Each blockchain DEFIDO is on has it's own strong points that allows the DEFIDO ecosystem to thrive on it.

As of right now, DEFIDO is available on the following blockchains:

  • Ethereum Network

  • Binance Smart Chain

DeFido was originally launched on the Binance Smart Chain. However, since it's inception, DeFido brought ETH to the DeFido ecosystem by creating a liquidity pool on Uniswap while ensuring that total circulating supply across both the ETH and BSC chains never exceeds 128 Million tokens as originally promised.

What this means is that DeFido gets access to the BSC community (which has more users than ETH and lowers the barrier for all to enter cryptocurrencies) without any circulating supply increase.

There is an ETH-BSC bridge with a 1:1 swap for DeFido holders to move seamlessly between ecosystems. Due to the 1:1 swap, the supply and price of DeFido between ecosystems are connected. The transaction tax is not applied to bridging. This means you won’t pay the DeFido transaction tax when moving tokens between the ETH and BSC chains. You will only pay the tax when doing usual buying and selling.

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