Weekly Update – New Exchange Listing, Tech Sync, Project Spotlight, And More!

May 3, 2024

Hi DeFiChain Community,

Welcome to this week's edition of the DeFiChain Weekly Update! It’s been an eventful week filled with expansion, insightful discussions, and much more. Let’s get into the details of what has been happening in the DeFiChain ecosystem.

New Exchange Listing

Exciting news for our community as DeFiChain continues to expand its footprint in the Asian market! Coinstore, a leading cryptocurrency exchange in this region, has now added support for DeFiChain's native token, $DFI.

This listing presents an exciting opportunity by introducing DeFiChain to new demographics and aligns with DeFiChain Labs' ongoing efforts to enhance DeFiChain's global availability and drive adoption across diverse regions.

To learn more about this listing and how to trade $DFI on Coinstore, please refer to the following link:

DeFiChain Labs Tech Sync 

Last week, the DeFiChain Labs team held their monthly Community Engineering Sync, providing updates on the current projects and initiatives the team is tackling.

Find out more about it here.

Community 𝕏 Space Project Spotlight

Yesterday, we hosted the latest Community 𝕏 Space Project Spotlight, where we took a deep-dive into CrowdSwap. For those who were unable to attend the live call, you can access the full recording by visiting the following link: 

Real World Assets Master Thread

RWA (real world assets) is one of the biggest opportunities in this crypto cycle. The potential is massive. BlackRock just launched a tokenized fund, and analysts predict the tokenized asset market could reach $10T by 2030 as more assets get tokenized.

Don't sleep on this trend. Educate yourself about RWAs to position yourself to profit. 

This thread explores what RWAs are and how they work:

Ecosystem Project Updates

  • SeahorseFI

@SeahorseFi’s smart contracts have been verified.

Find out more here:

  • Javsphere

@Javsphere closed their token phase for $JAV. 

Find out more about it here:

  • Crowdswap

@CrowdSwap_App is currently offering an exciting promotion that allows you to invest in their ETF without incurring any investment fees.

More here: ​

  • DEX Trading Live

@DexTradingLive has announced their Dex Trading Masters Anniversary Edition.

More here:

Note: The content provided here is for informational purposes only and should not be construed as financial advice. Always conduct your own research and consider consulting with a financial professional before making any investment decisions.

Recaps

  • Weekly News Show

Missed the most recent weekly news show with Lord Mark and DZ? Catch up on this week’s episode here:


That's all for this week's update. We're thrilled to see the community's continuous support and enthusiasm as we forge ahead with new developments and milestones. Stay tuned for more news and updates from DeFiChain!

DeFiChain

Decentralized finance enabled on Bitcoin. A blockchain dedicated to fast, intelligent and transparent financial services, accessible by everyone.

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