What is IOST coin?

IOST is a full-blown decentralised blockchain network and an ecosystem comprising of nodes, wallets and DApps . It aims to be the architecture that seeks to meet the scalability needs of a decentralised economy. The protocol’s functional aspect resembles that of Ethereum, EOS, etc however, IOST claims to be much faster.

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Is IOST a DeFi coin?

IOST enters the DeFi arena 4, 2020 and is now preparing for its official launch on Feb. 18, which will enable IOST holders to stake their tokens in the protocol to participate in platform governance as well as earn native DON tokens.

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