Introducing dForce (https://dforce.network/)
dForce is advocating for building a full suite of DeFi protocols covering assets, lending, trading, staking, and bridge, serving as DeFi infrastructure in Web3.
dForce DAO is a community-driven project, with major protocol changes driven by the community and jointly decided by dForce token (DF) holders through governance.
dForce is backed by a world-class investor consortium including Multicoin Capital, CMBI and Huobi Capital, with a TVL of $320m across all supported chains. dForce Lending is now the largest lending protocol on Arbitrum, and the 3rd largest on BSC by TVL.
Core Protocols
Stablecoin USX
USX is the most important DeFi primitive within dForce’s protocol matrix. As a decentralized and algorithmic stablecoin, USX implements a dual model (pool-based & vault-based) with hybrid interest rate policy, making it highly efficient and flexible to support collaterals of different risk profiles in isolation. USX is powered by protocol-controlled liquidity to facilitate protocol-to-protocol integrations, as well as cross-chain bridge that allow users to move USX across supported blockchains with zero slippage and uncapped limit.
dForce Lending
dForce Lending is a pool-based multi-sided lending protocol which supports multiple collaterals with a market-driven dynamic interest rate model. dForce Lending has undergone extensive code reviews and security audits by Trail of Bits, ConsenSys Diligence, CertiK, Certora (formal verification), with a bug bounty launched through Immunefi. dForce Lending has been deployed for over 1 year and is well battle-tested.
- How to supply assets?
- How to borrow assets?
- How to repay your loan?
- How to liquidate a default loan?
dForce Bridge
A cross-chain bridging tool facilitating instant and low-cost transfer of USX and DF across all supported L2s and blockchains.
Contracts
- DF: 0x08C15FA26E519A78a666D19CE5C646D55047e0a3
- USX: 0xCf66EB3D546F0415b368d98A95EAF56DeD7aA752
Useful Links:
- Website: https://dforce.network/
- App: https://app.dforce.network/
- Docs: https://docs.dforce.network/
- Forum: https://forum.dforce.network/
- Medium: https://medium.com/dforcenet
- Twitter: https://twitter.com/dForcenet
- Discord: https://discord.com/invite/c2PC8SM
- Telegram: https://t.me/dforcenet
Connect to Polygon
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Please navigate to dForce through https://app.dforce.network.
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Please make sure you are connected to the MATIC mainnet.
For new users to Polygon, you can follow the guidance below to have the MATIC network added to your Metamask.
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Open your Metamask wallet and click ‘Add Network’ at the bottom to set up the MATIC Mainnet.
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Fill out the information as follows:
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You can copy/paste the following into the corresponding field in your MetaMask Wallet.
• Network Name: Matic Mainnet
• NewRPC URL: https://rpc-mainnet.maticvigil.com/
• Chain ID: 137
• Currency Sumbol: MATIC
• Block Explorer: https://explorer.matic.network/ -
You should have the MATIC network setup successfully!
Earn a passive yield with dForce through Staking
Users can earn protocol fee incomes generated on Polygon by staking with dForce. Please note dForce Staking is currently available on Ethereum only.
dForce introduces a hybrid model featuring both Free Staking and Lock-up Staking . Staking unlocks a new approach for DF token holders to capture fee income across dForce network. Participants in Free Staking can unstake at any time, whilst those committed to Lock-up Staking will earn higher yield and voting power. In addition, most of DF purchased in the secondary market will be rewarded to participants in Lock-up Staking.