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

The community has spoken: sDFIP results

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Voting for the proposal Special DFIP: Strengthening the Community Fund, ended at block height 5,402,147. 🟢 Yes Votes: 3,215 (95.26%) ⚪️ Neutral Votes: 87 (2.58%) 🔴 No Votes: 73 (2.16%) ✅ The proposal reached the minimum approval rate of 66.67%. ✅ The proposal reached the minimum of 1,594 votes. How does this affect DeFiChain? The SDFIP has already been implemented. Adjustments to the BBB when the DUSD–DFI ratio is below 1:4 are ongoing. At the time of posting, 1 dUSD equals 5.08 DFI. Before the implementation of this proposal, only a negligible amount of DFI was entering the Community Fund. With its approval, approximately 58,200 DFI per day from block rewards is now directed to the fund. It is important to note that this number changes based on two factors: 1️⃣ The dUSD-DFI price ratio According to the proposal, BBB block rewards will continue to be redirected to the Community Fund as long as dUSD remains above 4 DFI. Otherwise, some or all of the block rewards will be used to buy a...

sDFIP: Strengthen Community Fund by Adjusting BBB / LP Block Rewards

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The new SDFIP “Strengthen Community Fund by Adjusting BBB & LP Rewards” is now on-chain! This proposal ensures sustainable funding for the Community Fund by redirecting BBB rewards and dToken liquidity pool rewards. It also introduces a balanced mechanism for DUSD burns, tied to market efficiency. Why it matters: The Community Fund is currently depleted and urgently needs a predictable funding source to support essential activities (development, infrastructure, marketing, SIGs, listings). The proposal balances CF funding with efficient DUSD burning, avoiding wasteful use of DFI. Voting Details: Duration: 14,400 blocks (~5 days) Voting Ends on block: 5402147 Eligible voters: Masternodes All users staking DFI with Bake cDFI holders (via CFR Governance) We encourage all eligible community members to cast their votes. Your participation is crucial to shaping the next phase of DeFiChain. 📌 Link to sDFIP:  https://defiscan.live/governance/2be874b13c5fa0756a5417432b7c5e11675c3d6...

🎉 LIGHTWALLET IS BACK ON GOOGLE PLAY! 🎉

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After a 7-day community test phase, the Lightwallet is now officially live in the Google Play Store! 🚀 This is a huge milestone for DeFiChain. What seemed like a setback has turned into proof of how much our community can achieve when it pulls together. 💪 ✅ Forked the GitHub project, compiled, and re-signed ✅ Beta release tested by the community for 7 days (THANK YOU GUYS!!!) ✅ Wallet compliant & back online ✅ Dev capacity freed up for the next big priorities Read the full background & details here 👇 🔗 https://www.reddit.com/r/defiblockchain/comments/1n1figg/update_on_the_missing_light_wallet_in_the_google/ 🔥 Let’s celebrate this win — DeFiChain is here to stay and moving forward stronger than ever!

📢 Introduction to the Marketing SIG

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As DeFiChain begins a new era of decentralization where the community directly runs 100% of the project, we, the Marketing Special Interest Group (SIG), are pleased to introduce ourselves to the public. Our team is dedicated to strengthening the public image of DeFiChain, providing updates to the rest of the community, and promoting DeFiChain to a broader audience. This post discusses: Who we are What we’re working on Goals for the rest of the year 👥 Who We Are Just like you, we value transparency. We want to know who’s involved, be informed about who’s on the team, and be able to reach out to them. The SIG consists of core members, who started the group, as well as extended members, who provide support for the core members. In the linked spreadsheet, you can learn more about our 6 core members and 4 extended members: https://tinyurl.com/marketingsig202509 In addition, the Marketing SIG can be reached at marketingsigdefichain@protonmail.com , our temporary email address. 💼 What We’re...

The DeFiChain Labs Team Says Good Bye!

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DeFiChain has been an extraordinary project, and the whole DeFiChain Labs team was honored to be a part of it. But all good things have to come to an end, and for us, that means handing over our responsibilities to new groups and individuals represented by the community. Since we took over the agenda from the Bake team almost a year ago, we always acted in a way that benefited the community. Sure, we could have been a bit "louder" and discussed things more thoroughly, but as the good old saying goes: “too many cooks spoil the broth." We initiated most things ourselves because, most of the time, there was simply no time left to discuss things for weeks. Going Above and Beyond for the Community One example of this was when a promised deal was not kept, and we suddenly found ourselves facing the decision of either keeping Kucoin as an exchange partner back in April or not.  Without much hesitation, we used our own funds - money that was intended to last us for a couple more...

DeFiChain Faces Mounting Exchange Pressure as DFI Listings Come Under Threat

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The DeFiChain community needs to understand what's happening with our exchange listings. Recent weeks have brought challenging news that affects how and where DFI can be traded. Let's break down the situation. Gate.io Already Pulled the Plug Gate.io delisted DFI several weeks ago. The exchange cited insufficient market depth and wide bid-ask spreads as their reasoning. When Gate.io removed DFI, it triggered a domino effect. Bake stopped their swapping service for DFI on their platform. This removed another avenue for users to access DFI. Bitrue Follows Suit This past Sunday, Bitrue announced their own DFI delisting, wich will take place in the next days. Their justification? Low liquidity and trading volumes under $1,000 per day. The pattern here is clear. Exchanges want to see consistent trading volume and tight spreads. Without these metrics, tokens get the boot. KuCoin Presents the Biggest Challenge Here's where things get serious. KuCoin is looking at delisting DFI in t...

DeFiChain Labs is Seeking New Owners For Socials

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Following up on our recent announcement about the infrastructure transition, we need to address another important aspect of our operations that requires new stewardship: our social media accounts and blog management. As we mentioned in our previous post, the funding we received through the CFPs has been exhausted. This affects not just our infrastructure services, but also our ability to continue managing DeFiChain's official communication channels. What we're looking to hand over We've been managing several key communication assets for the DeFiChain community, and we need trusted hands to take them forward: Social Media Management: Our official Twitter/X, Discord, Telegram and Reddit account that serve as the primary voice of DeFiChain to the broader crypto community. Blog Content Creation: The official DeFiChain blog where we share updates, technical insights, ecosystem developments, and community news. Website Domain Hosting The reality of ongoing costs Here's someth...