Poloniex Adds DeFi Token Decentr To Its DeFi Innovations Zone
Poloniex Adds DeFi Token Decentr To Its DeFi Innovations Zone
July 27, 2020
Poloniex Adds DeFi Token Decentr To Its DeFi Innovations Zone
Poloniex Adds DeFi Token Decentr To Its DeFi Innovations Zone
July 27, 2020

Poloniex, the cryptocurrency exchange, has announced that it has added the DeFi token Decentr to its DeFi Innovations Zone. 

It has been reported by Poloniex that Decentr allows people to monetize their internet activity, as its native toke DEC is used to buy and sell data and “helps to determine the value of users’ data.” 

However, users can earn or lose personal data value (PDV), based on the positive or negative interactions within the Decentr platform. Positive PDV increases the spendable value of the DEC tokens.

As estimated, Decentr is an immutable platform that collects and secures user data; whereas, DEC is the latest DeFi project Poloniex added to its stable.

Poloniex said that adding DEC is part of its continuing support for DeFi projects.

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Thus, Poloniex also recently announced that it is adding US elections-based trades months ahead of the November 2020 polls, as it added TRUMPWIN and TRUMPLOSE to its innovation zone. 

Source: Cointelegraph | Image: Bitcoinist


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.