DeFiChain Blog

 In this 4 minute reading article, you’ll learn about: The upcoming ‘Dakota Upgrade’ (hard fork) Several other performance upgrades and bug fixes DeFiChain is about to undergo a mandatory update by implementing a hard fork. This necessary upgrade, which goes by the name of ‘Dakota Upgrade’, will be implemented with block 678,000 on 01 March 2021. Please do keep in mind that this upgrade is mandatory, and you have to update your app to the newest version by then. The Dakota Upgrade contains the following consensus enhancements, as well as performance upgrades: Reduction of masternode collateral from 1 Million DFI to 20,000 DFI Refactoring the anchoring system Bug fixes especially the fix on price slippage protection during swap Performance upgrade while staking Reduction of Masternode Collateral The reduction of the masternode collateral is the most anticipated upgrade since the last hard fork at the end of January. The foundation for it has been laid by the DFIP #4 proposal and its...

As mentioned in the Litecoin DEX Listing Announcement — today at 11:00 UTC, Litecoin Liquidity Mining rewards will be increasing 100x to 2 DFI per Block. At the time of this announcement, it would equate to over +240% APY for Liquidity Mining LTC-DFI! Here you can check the pool pairs and the corresponding APY yourself: https://dex.defichain.com So if this peaks your interest, and if you haven't done so already, we recommend that you prepare now. Download the DeFiChain App or Register for an account with our trusted partner, Cake DeFi, and start Liquidity Mining in just a few simple clicks. Your DeFiChain Team