In the fast-paced realm of blockchain and decentralized finance, evolution is the name of the game. As we stand on the threshold of a significant leap forward, it's our pleasure to bring you the latest edition of Tech Talk. In this installment, we dive deep into the heart of Metachain's final launch, uncovering the intriguing developments, implementations, and milestones that have paved the path to this exciting moment. A Roadmap Overview Looking at the evolutionary path of DeFiChain, initially built as a UTXO-based blockchain that only interacted with the Bitcoin network. DeFiChain carved out a successful DeFi niche within the Bitcoin community, offering core DeFi features like decentralized exchanges (DEXes), collateralized debt positions (CDPs), and governance mechanisms. With the roll-out of Changi, DeFiChain expanded its capabilities to support the Ethereum Virtual Machine (EVM), making it easier to create decentralized applications (dApps). The next major development on t...

We're thrilled to unveil the DeFiChain Community Reward Campaign. The Reward Campaign is designed to give back exclusively to community participants (you!). This campaign honors your unwavering support, commitment, and engagement as a community member, offering exclusive rewards as a token of appreciation. What is the DeFiChain Community Reward Campaign? Initially, the campaign will start with community-oriented tasks, but in the future, we aim to take this campaign deeper into the DeFiChain ecosystem. For example, in the first version of our campaigns, you had the chance to secure one of the limited edition OAT (NFT)* by completing a series of community-oriented tasks - following our socials and Galxe page. The first of the Community Reward Campaign went live recently, and a limited number of OATs were claimed in record time within ~2hrs of it going live. But don’t worry, plenty more chances will come soon! The next Galxe quest will go live on 5th September at 14:00 CET / 20:00 SG...

In a recent DeFiChain X community space, Kiril, the CEO of OpenDAppsCloud, shared insights into how private companies can use decentralization to create automated and autonomous on-chain businesses. Innovation is the lifeblood of the constantly evolving world of blockchain technology, and at the forefront of this revolution is OpenDAppsCloud. This pioneering project is rethinking how typical companies are structured by suggesting a bold new approach to decentralized companies. From Investment to Creation Kiril's passion for blockchain technology grew as he worked on various DApps projects, during which he identified a need for a cloud-based platform that allows developers to deploy smart contracts without requiring technical expertise. He was inspired to address this need by the desire to promote broader adoption among businesses that may need to become more familiar with the intricacies of smart contracts. And that's where OpenDAppsCloud comes into play – a solution designed t...

In this article, we will break down two recent Special DFIPs – DFIP #285 and DFIP #286 – both of which have been overwhelmingly approved by the community and will also examine their implications for DeFiChain and its investors. What are DFIPs? DFIPs, short for DeFiChain Improvement Proposals, are proposals brought forward by Masternode holders and voted on during scheduled voting cycles. To be approved, a proposal must receive at least a two-thirds majority. The same rule applies to Special DFIPs, proposals voted on outside of the regular voting cycle. DFIP #285 Explained DFIP #285 mandates that 90% of the unused $ETH held in the backing address will be staked at Bake. Moreover, at least of once per month, the $ETH staking rewards will be used to purchase $DFI from the DeFiChain DEX, after which the resulting $DFI will be burned. This process will be automated through a bot. For full transparency, Bake has provided a separate on-chain address for ETH nodes, which can be verified on ...