DeFi tokens are high-quality crypto tokens in the decentralized distributed technology using blockchain technology. DeFi token development is one of the phenomenal ways to create tokens for trading in the DeFi exchange.
Type Of Decentralized Finance (DeFi ) Tokens
- Utility Tokens
Utility tokens are used to raise funds by offering such utilities. Each token support raising funds to construct and release the assets.
2.Governance Tokens
Goverance token gives a unique authority to the users over the platform where the customers can vote their own decisions and upgrade their performances.
- Equity Tokens
Equity tokens are a kind of security token that functions as a shareable asset under the company ventures. The equity token holders can also be entitled to a part of the company's profit.
- Security tokens
Security tokens are used to regulate the version of the digital tokens that represent the physical assets. The token facilitates the investors to make part of the amount in the decentralized environment.
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