Defimable 101: All the Relevant Info You Need

3 min readAug 2, 2022

We recently rebranded from FarmBit to Defimable and this is the latest from our end. When we talk about surprises and twists, the cryptocurrency industry keeps on giving us new surprises. And while cryptocurrency enthusiasts may be quite a handful for those who have not caught the bug yet, we are changing the world, and having a great time doing so.

Despite the recent dip, the crypto industry keeps getting massive attention, and some of the trends that are revolutionizing all sectors include DeFi (decentralized finance) and the adoption of NFTs (non-fungible tokens) by businesses and celebrities.

As you keep diving deeper into the world of cryptocurrency, you will discover exciting things about the industry and to help you on this discovery jouney is our very own roundup of all the relevant info you need to “crypto” with us.

About Defimable

Defimable is an open marketplace that leverages the power of blockchain to help businesses obtain working capital by discounting their trade invoices to investors. These investors are willing to advance funds, take exposure to this new asset and earn a stable yield.

In a nutshell, Defimable is an asset-backed financing platform that offers fast and easy access to financing for different types of businesses using DeFi. The assets are turned into NFTs and are then financed via Fima Pool, our open marketplace.

Defimable platform leverages blockchain to open up economic opportunities for businesses in Africa and strives to accelerate sustainable investments into these businesses.Defimable makes this and more possible using out native token, $FMB.

Defimable considers the existing relationship between buyers and suppliers and uses blockchain technology to ensure legitimacy (unlike what is obtainable in traditional financial institutions). Instead of considering the creditworthiness of sellers only, Defimable looks into the existing relationship between the buyer and seller.

Where We are Listed

Check CoinMarketCap to know where you can buy FarmBit with currencies. CoinMarketCap provides options (or market pairs) that you can use to buy Defimable native token, $FMB. Go to CoinMarketCap and search for “FMB.”

Tap “Market,” located near the price chart. Here, you will see where you can buy the $FMB and the currencies you can use to buy it. Under “Pairs,” you will find the short form of FarmBit, FMB, and a second currency. The second currency is what you can use to buy FarmBit. Currently, the second currency is WBNB, and you can use it to buy $FMB on PancakeSwap.