2. About DegenFi
DegenFi is a DeFi-based Memecoin liquidity protocol dedicated to providing stable liquidity for Memecoins. While creating more interaction and profit opportunities for users, DegenFi aims to reshape how Memecoins are traded.
Currently, our main DeFi product modules include:
Memecoin Staking and Lending Users can stake their Memecoins on the DegenFi platform to earn platform tokens or yield rewards. DegenFi will also introduce a Memecoin lending market, allowing users to collateralize Memecoins to obtain loans.
DegenFi Game Module By integrating Memecoins into a series of games, players can earn Memecoin rewards through in-game participation, further enhancing Memecoins’ real-world application value.
Memecoin Derivatives and Options Trading DegenFi will support derivatives trading for Memecoins, including options and leveraged trading, allowing users to capitalize on Memecoin price fluctuations for higher returns.
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