The aggregated Defi Financial landing application dApp DFBTC

Kathryn Douglas
3 min readJun 13, 2021

Bitcoin is also in the doldrums. Some small country came out and declared Bitcoin legal tender in their country, thinking that they could boost their local economy on the value of Bitcoin?
Now the leeks of the exchange after this month’s disk shock has got off. Spot value halved. Futures all the way down, and so on the bottom of the people come in and then a wave of pull up, and then continue to smash, pull up and repeat, who can stand this operation. The ups and downs in the price of Bitcoin are a real reminder of the risks of a digital currency that lacks the support of the real economy. Even with the halo of the blockchain, the risks of Bitcoin cannot be ignored.
How can you keep your digital currency assets intact?
DFBTC aims to address the risk of huge fluctuations in BTC and the lack of liquidity of high-quality assets across the chain by issuing standard ERC 20 digital assets, by adding risk resistant models, as well as the interest method, to resist risk, and transfer high-quality BTC assets across the chain to Ethereum. DFBTC uses 1:10,000 ratio pledge casting to increase BTC cross-chain applications through DFBTC, making high-quality crypto assets more efficient.
DFBTC has the features of safety and efficiency, risk resistance and increased cross-chain liquidity. The whole process remains open and transparent, completely decentralized, and anyone can initiate audit freely.
Users who do not want to exchange their digital currency for other digital currencies get the same DFBTC through the pledge, and can then trade on other chains and redeem their equivalent digital currency at the end of the transaction.
DFBTC uses technology to solve the decentralized cross-chain, so that Bitcoin can obtain interest assets without damage; Just like you change bitcoin into fiat currency and put it in the bank, you can get interest. Bitcoin solves the zero-interest asset through DFBTC, and you can also get interest asset, so that users’ digital currency assets are guaranteed and get double benefits.
AOM’s goal is to build a decentralized Bitcoin Fruits financial system that provides a stable Bitcoin Fruits ecology and governance mechanism and decentralized cross-chain tokens for all users worldwide. AOM is a multi-token system. Only interest AOM can be earned by pledging DFBTC. DFBTC holders can participate in community fair governance. According to the project, the team has broken through the decentralized technology of Bitcoin across the Ethereum chain and set AOM as a cross-chain token. The generation of all transaction collateral for DFBTC and DFBTC is transparent and conducted on the chain. AOM is built on Ethereum, the largest decentralized application ecosystem, and aims to provide global users with a unique, easy-to-use and highly transparent financial service for Bitcoin yielding assets.
Our DFBTC economic model is mainly divided into three parts. As you all know, our previous information has explained that DFBTC is BTC cross-chain to other mainchains to increase liquidity and DEFI investment diversity. In our version 1, we cross the chain to the Ethereum mainline and offer diverse Defi investment options to the community and users. First of all, users can choose to make DFBTC by buying shares. We are the first DAPP in the whole network to anchor digital assets with double interest, and also the first DAPP in the whole network to anchor digital assets with 100% decentralization.
The first part is Staking
He can double the interest, the user can get both BTC and AOM.
The second part is the guarantee node
The guarantor node has the corresponding mortgage asset custody bitcoin, and can get the custody fee, as well as the income of the mortgage asset.
The third part is lending
Users can choose deposit business and loan business, such as deposit a high-quality asset can earn interest, need other assets can directly lend other assets.

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