dForce aims to build a complete open financial ecosystem, including stable assets, liquidity protocols, lending markets, derivatives markets, etc. DF platform currency undertakes various functions in the dForce ecosystem, including fee payment, platform governance, risk management, derivative asset synthesis, partner incentives, etc.
DF is dForce's ERC-20 native utility token and has the following main use cases:
Governance: DF token holders can vote on platform governance decisions and set protocol parameters.
Liquidity Mining: Liquidity providers on dForce can earn DF tokens as a reward.
Payment: Users need to use DF tokens to pay for a series of services provided by the dForce platform, such as the generation of USDx and GOLDx tokens.
System stability: When bad debts occur in the platform, new DF tokens will be generated and auctioned to ensure sufficient funds for the platform.
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