$DF #掌握市场

DF Background Check

dForce aims to establish an integrated and interoperable open finance and currency protocol ecosystem, with products including asset protocols, liquidity protocols, etc. This virtual currency can be regarded as a governance token.

Plain Translation: A platform for protocols, with stablecoins, gold-pegged currencies, multi-platform price comparison trading functions, etc. This virtual currency is roughly equivalent to the platform's stock price.

Scale: Over 30,000 followers on X, over 3,000 members in airplane group chat (estimated active users are below 1 in 10), low overall users and quite old, making it hard to verify. Not very popular on GitHub.

Additional Information: Due to the recent market crash, it's worth noting that their social media is still active (recent updates), but the official forum articles haven't been updated in months. GitHub has updates, but looking at the workload, it’s not significant, with average technical content (personal opinion).

Business Model: Financial services for profit (this part is quite complex and can vary greatly, won't elaborate further)

Risks:

1. Recent high volatility

2. I personally suspect the project team's holding ratio is low on this platform, lacking the ability to sustain price increases

3. No abandonment of administrative privileges

4. Possibility of malicious issuance that could lead to price dumping

Overall Risk: High-High

Potential Estimate: ?-Medium

Evaluation: It looks like a dilapidated old project with declining interest