The crypto and blockchain industry continues to grow and evolve. TIDEFI is the latest addition to the fold and offers a unique platform and ecosystem for decentralized finance enthusiasts. Moreover, it has a substantial community-driven focus and a thorough Community Treasury to fuel future development and building.
A Streamlined And Unified DeFi Experience
The current decentralized finance landscape is fractured into thousands of small segments. It forces users to enter and exit different environments, especially if they want to explore DeFi across multiple devices like computers and mobile phones. TIDEFI acknowledges things can be better on that front and offers a streamlined experience across all devices.
Moreover, it goes beyond the traditional browser-based interface DeFi enthusiasts receive. Its native DEX app provides all crucial functionality regardless of device, making it easier to onboard the next generation of crypto users. Additionally, this streamlined approach ensures existing enthusiasts see their needs addressed.
TIDEFI CEO and Co-founder Daniel Elsawey comments:
“Looking at the industry over the last couple years, specifically in the exchange space, we wanted to build a secure DEX that leveraged the price discovery and speed of a CEX, whilst giving the user complete control of their funds. Combining this with chain agnostic interoperability, we are excited to offer a transparent ecosystem for our community to participate in.”
Crucial functionality users can look forward to is using limit orders across the native decentralized exchange. Traditionally, users would have to settle for trading “in the moment”, although the outcome may not always be what one expects. Providing more transparency and accessibility is essential and will transform the DeFi industry for the better.
TDFY Token Distribution
Coinciding with the TIDEFI mainnet launch is the TDFY token distribution. Unlike other blockchains or decentralized finance ecosystems, TIDEFI has one native token for its ecosystem and DEX. That token, TDFY, will be distributed through the TDFY Sunrise Pool. A total of 320 million tokens will be issued to the community, with another 400 million tokens going to the Community Treasury.
That Community Treasury will play a big role in TIDEFI’s future. It will serve as a mechanism to incentivize developers to build on TIDEFI’s technology stack and help unlock new and more complex use cases. One potential option is to have corporations build reward programs on Tidechain and unlock membership benefits to achieve interoperability for all users.
Unlike other DeFi projects, TIDEFI does not rely on VC funding, an ICO, or a massive presale. Instead, the team secured 2.5 million GBP in Seed Round funding, allowing the team to expand to 20 members. The focus now shifts to bringing actual value to the ecosystem through utility rather than speculation or hype.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
