Unorthodox DeFi Project ‘DeadFish’ Launches on Ardor
According to its creators, Ardor Defi, the DeadFish (DeFI) platform and its $DEFI token will “smash the hegemony of Wall Street millionaires” by making “advanced financial instruments such as leverages, futures, DEX, tokenization platforms, derivatives and predictions markets available to the average Joe.” A group of developers from the Ardor community has seized the moment to market its own token while poking fun at the decentralized finance space.
Its developers claim that $DEFI will benefit from the Ardor blockchain’s superior efficiency and scalability, contrasting with ERC20 tokens that get bogged down with slow transactions and high gas prices. Whatever the outcome, the spoof token has raised the profile of Ardor at a time when defi developers are searching around for Ethereum alternatives that can take the strain.
