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EcoFi

ECO
Official links

News

EU Plans Year-End Push for Pension Savings and Market Oversight

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The European Union is set to enhance pension savings and tighten market oversight, potentially granting new authority to its Paris watchdog over crypto firms.

Andrew Smith

Kevin Durant's Bitcoin Investment Journey Begins

Kevin Durant's Bitcoin Investment Journey Begins

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Kevin Durant's journey into Bitcoin investment began in late 2016, influenced by discussions at a birthday celebration.

Jacob Williams

Kevin Durant Successfully Recovers Coinbase Account

Kevin Durant Successfully Recovers Coinbase Account

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NBA star Kevin Durant has successfully recovered his Coinbase account after a brief period of inaccessibility.

Zainab Kamara

Circle CRCL Sees Growth Amid Rising USDC Adoption

Circle CRCL Sees Growth Amid Rising USDC Adoption

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Circle Internet Group CRCL is experiencing significant growth due to the rising adoption of its USDC stablecoin and a favorable regulatory environment.

Son Min-ho

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.