ProtoFi cryptocurrency exchange is an AMM and a yield farming protocol based on the Fantom network. The platform is the first user-owned decentralized bank, as investors can own a share of the protocol itself and thus earn dividends.
There’s no ProtoFi spot market in a traditional sense, as it provides trading through swapping. The swap has over 50 ProtoFi trading pairs. Concerning ProtoFi crypto exchange fees, a 0.5% fee is imposed on all deposits and a 0.15% fee on all swaps.
Apart from swapping, ProtoFi provides users with NFT pools, ProtoFi Vaults, ProtoLend, and ProtoCapital. The project employs a dual-token system with the PROTON token and the ELECTRON as its counterpart.
The founders of ProtoFi include ZaoFi and Dayton Miller.
