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DemodyFi
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Joined: Tue Dec 29, 2020 1:09 pm

Introduction Demodyfi A polkadot project

Tue Dec 29, 2020 1:24 pm

Hi Fellow members,

We are very excited to share our long-awaited project " DEMODYFI ".

In short: A Next-Generation Platform
Demodyfi is integrating and combining communication between different blockchains, Ethereum Compatibility = “blockchains on Parachains Architecture.” The protocol utilizes Moonbeam’s Parachain smart contract interoperability while the Substrate framework serves as a fundamental layer. Combining this makes it potential to build on Polkadot, furthermore make it compatible with the EVM, and to deploy EVM-based bytecode compiled from Solidity using tools available from the Ethereum stack.

Due to Polkadot, the Demodyfi protocol can go beyond the limits of the current Ethereum DEX with the opportunity to add tokens from the Polkadot ecosystem as well as from other blockchains to the exchange.
- DMOD is an ERC-20 token on the Ethereum blockchain that offers control over the DMOD protocol governance.
- DemodyFI allows users to contribute to liquidity pools for any ERC 20 token and be rewarded in the form of exchange fees.
- By choosing the Polkadot ecosystem with a Substrate based framework, the protocol makes transactions more scalable.

Our seed /private/public token sale will commence shortly. (this will be shared in the whitepaper 2.0, which will release by the end of this year!)

Do you also want to participate and contribute to the project before the official launch please email us.


Want to know more?

Telegram: https://t.me/DemodyFI
Twitter: @demodify

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