• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

EcoFi

ECO
Official links
Website

News

Major Hack on VerusEthereum Bridge Results in Loss of $1.158 Billion

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A hacker executed a significant exploit on the VerusEthereum Bridge, draining approximately $1.158 billion in assets in a single transaction.
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Luis Flores

Iran Launches Maritime Insurance Platform Using Bitcoin

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Iran has introduced a new maritime insurance platform for cargo in the Strait of Hormuz, with payments settled in Bitcoin.
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Arif Mukhtar

Grayscale Files Second Amendment for BNB ETF as Regulatory Landscape Evolves

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Grayscale has filed a second amendment to its BNB ETF registration, indicating a proactive approach to align with SEC feedback.
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David Robinson

VanEck Submits Fifth Amendment for BNB ETF as Approval Hopes Rise

VanEck Submits Fifth Amendment for BNB ETF as Approval Hopes Rise

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VanEck has filed its fifth amendment for the BNB ETF, increasing the chances of approval amid ongoing discussions with the SEC.
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Maria Gutierrez

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.

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