Overview
A brief overview of Pacific DeFi
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A brief overview of Pacific DeFi
Last updated
Was this helpful?
Pacific DeFi aims to create a new financial ecosystem that unifies the current DeFi landscape.
The platform will provide easy-to-use DeFi products which provide multi-asset crypto financing capabilities on different blockchains.
Pacific DeFi will initially operate on the Binance Smart Chain (BSC) network, intending to provide cross-chain interoperability as a part of the roadmap with Polygon.
The project will be designed to take on mass crypto adoption among retail users with the following in mind:
• A complete DeFi ecosystem
• Simple UI/UX
• Built on BSC and Polygon for speed and efficiency
Pacific DeFi begins as a yield-enhancement solution with smart auto-compounding features built into its single token vaults, resulting in high yields with lower risk due to protocol diversification.
The Pacific Token has a maximum supply of 100,000,000 tokens, with 20% (20,000,000 tokens) minted for the IDO launch on the 17th September 2021.
Pacific DeFi’s mission is to provide a decentralized, user-friendly platform that is fully secure, enabling users to earn high risk-adjusted returns on crypto capital.
The platform will feature a very simple user experience that enables retail users to generate yield in one place.
Pacific DeFi runs on the principles of collective growth, financial freedom, and security. Everything will be secured through a blockchain backbone, one that starts out with the efficient and low-cost Binance Smart Chain (BSC), but evolves as the technology matures, and with that, new features and security measures will be added.
$PACIFC is the native utility token of the Pacific DeFi ecosystem. Token holders are rewarded when revenues from the protocol are used to buyback $PACIFIC and reduce total supply, making the token more valuable over time.
$PACIFIC will also serve as a governance token where token holders are entitled to vote on important platform decisions - this includes product creation, implementation, and strategy.
For all the vaults deployed across different blockchains, Pacific DeFi has its native governance token $PACIFIC at its core.
The supply of $PACIFIC is limited at 100,000,000 tokens.
