'DeFiChain introduces dTokens which allows traders to trade Disney, Intel and MicroStrategy ETF' web3 programming
, the world’s top blockchain on the Bitcoin network, has launched four new decentralized assets called dTokens. The community determines which dTokens will be introduced next in the DeFiChain ecosystem. These tokens are a new innovative future in the DeFi ecosystem as they enable the trading of listed shares as dTokens.$dMCHI - iShares MSCI China ETF $dDIS - Walt Disney CoUsers of DeFiChain will now be able to mint and exchange the dTokens listed above.
The dTokens are not “securities” issued by a firm or a major institution. They provide users with price exposure but not ownership, voting rights, dividends, or other shareholder perks. The dTokens monitor and reflect a variety of variable parameters and employ oracles to gather those feeds, rather than tracking and reflecting the actual stock price. Because of variations in dToken supply and demand, the price of dTokens may not always reflect the underlying asset’s price.
Millions of people throughout the globe who couldn’t invest in US equities owing to geographical limitations, trading constraints, and other reasons may acquire price exposure to their preferred assets by minting or purchasing the appropriate dTokens. One of DeFiChain’s most unique and groundbreaking offerings is decentralized assets. DeFiChain is the only blockchain on the Bitcoin network that supports decentralized assets.
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