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EcoFi

ECO
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News

Gary Gensler Resigns as SEC Chair, Marking a New Era for Crypto Regulation

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Gary Gensler's resignation as SEC Chair on January 20, 2025, marks the end of the regulation by enforcement era, leading to a rally in the cryptocurrency market.
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Leo van der Veen

XRP's Technical Setup Remains Precarious Amid Market Uncertainty

XRP's Technical Setup Remains Precarious Amid Market Uncertainty

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XRP's technical setup indicates a high risk of decline, with critical support at 1.77.
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Li Weicheng

XRP Price Faces Structural Vulnerability Amid Weak Network Fundamentals

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Market analyst Ali Martinez warns that XRP's price stabilization is misleading due to underlying risks, indicating a potential 56% decline.
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Aisha Farooq

Analyst Challenges Misconceptions About XRP's Role in Ripple's Strategy

Analyst Challenges Misconceptions About XRP's Role in Ripple's Strategy

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Analyst Cryptoinsightuk addresses misconceptions about Ripple's use of XRP, emphasizing its strategic importance rather than viewing it as a mere funding source.
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Tenzin Dorje

What is EcoFi?

EcoFi is an open-source, permissionless, and censorship-resistant protocol built to power safe and responsible innovation in the Decentralized Finance (DeFi) space. The EcoFi protocol is designed to equitably disburse value among system participants through a unique infrastructure hinging on infinite scarcity, made possible due to the unique mechanics of EcoFi's distribution mechanism. This is achieved by staking ECO tokens through the EcoFi protocol to mint SPRT tokens. SPRT tokens can be used to purchase digital goods from an ecosystem connected to the EcoFI Platform comprising numerous marketplaces. The first such marketplace will be the HyperObject FINE ART NFT Gallery, a one-of-a-kind digital art gallery featuring FINE ART NFTs backed by distinct physical editions. Once the marketplace is sufficiently stable, EcoFi will transition to a DAO governance model.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.