What is dForce?
dForce Network is an integrated, interoperable, and scalable multicurrency open finance protocol matrix and yield aggregator platform. dForce is divided into three main protocol pillars: asset protocols, lending protocols, and liquidity protocols. ERC-20 dForce (DF) token provides community governance, risk buffering, and interest alignment across dForce Network. dForce Network's asset protocol dToken functions as a liquidity matrix and token wrapper to empower DeFi protocol interoperability and integration. Users receive dTokens for supplying supported ERC-20 or BEP-20 stablecoins to the liquidity protocol, for example a user would receive dUSDT for supplying USDT or dBUSD for supplying BUSD. dTokens can be staked for yield generation purposes or redeemed for the underlying asset. The dForce ecosystem provides access to overcollateralized loans using the decentralized money market and lending protocol Lendf.Me, decentralized exchange (DEX) aggregation capabilities for dForce Trade, and DF reward farming through participation in dForce liquidity mining. dForce GOLDx users can mint the synthetic over-collateralized stablecoin gold token (GOLDx) for dForce Open Gold Protocol.
