DeFiBox (DEFIBOX)
1. Fundamental Analysis
1.1 Introduce
Defibox (https://defibox.io) is a one-stop DeFi application platform on the EOS chain, a simple analogy: Defibox=Uniswap+MakerDAO+Aave. The project is initiated and managed by the Defibox Foundation, and is funded by Newdex. Defibox was officially launched on July 21, 2020, and is the largest DeFi project with largest TVL on the EOS chain now. Two protocols have been launched, Swap protocol and USN stable coin protocol (formerly Danchor protocol), and decentralized lending protocol will be launched in the future.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | DEFIBOX | Market Cap | 0 |
| Name | DeFiBox | White Paper | -- |
| Web Site | https://defibox.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bloks.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 5000000 | |
| Supply | 5000000 | Release Date | |
| Available Supply |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The trend analysis of the daily K-line chart shows a significant downward trend, with a notable drop in price and volume after a period of upward movement. The market has entered a consolidation phase with a potential bearish continuation. A possible bearish trend reversal may occur as the price approaches the lower band of the Bollinger Bands. Short-term bearish sentiment is likely to persist.
