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.
🚀 New #DeFi Listing: @DecentrNet Wallets are open now and you can begin depositing $DEC into your #Poloniex account Deposit: https://t.co/2Joh5auZJKhttps://t.co/BGF3QYuwG1 pic.twitter.com/cRnLEjSCEv — Poloniex Exchange (@Poloniex) July 26, 2020
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 adds the Decentr token as it continues support for DeFi projects https://t.co/HbmSWYJX3I — Cointelegraph (@Cointelegraph) July 26, 2020
Poloniex said that adding DEC is part of its continuing support for DeFi projects.
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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