DeFiChain Blog

The DeFiChain community is filled with talented builders constantly advancing the ecosystem's capabilities.  Today we're spotlighting DEX Trading Live - an educational initiative aimed at promoting decentralized trading. DEX Trading Live strives to become the most comprehensive learning resource for trading on DeFiChain’s decentralized exchange (DEX).  We recently sat down with four of the six co-founders to learn about their vision and future plans. Meet the Team Behind DEX Trading Live The DEX Trading Live team is a group of passionate crypto enthusiasts dedicated to educating others on decentralized finance and trading. Co-founder number one, Alex, has been involved in crypto since 2017 and discovered DeFiChain in May 2021. As an experienced day trader on both centralized and decentralized exchanges, Alex brings a wealth of trading knowledge to the team. He mainly focuses on management and marketing initiatives for DEX Trading Live. Honzan is the latest addition to the crew...

DeFiChain has established itself as a pioneering force in the decentralized finance (DeFi) landscape through its use of a unique blend of blockchain layers.  This innovative approach combines the foundational elements of Bitcoin with advanced DeFi functionalities, creating a multi-layered ecosystem that caters to a wide array of financial applications. In this blog post, we'll delve into the intricacies of DeFiChain's ideological framework, comprising Layer 0, Layer 1, Layer 1.5, and Layer 2, and explore how these layers synergize to create a robust and versatile DeFi platform. Layer 0: Laying the Groundwork 💡 What is it? - Provides the essential infrastructure for DeFiChain Who’s responsible? - DeFiChain Labs Layer 0 serves as the bedrock of DeFiChain. It provides the essential infrastructure for the blockchain's operation.  This layer is characterized by its multi-VM (Virtual Machine) architecture, which includes critical components for consensus and the ability to suppo...

As blockchain technology reshapes finance and Web3 gains momentum, the need for seamless fiat-to-crypto gateways grows increasingly important.  Stably, a Seattle-based web3 infrastructure provider, aims to be the leading fiat onramp in the industry. By combining compliance, visionary leadership, and strategic partnerships, Stably unlocks new avenues for bridging traditional finance with blockchain's potential.  The company's developments highlight the integral role of fiat onramp as blockchain technology progresses. We recently sat down with Stably CEO, Kory Hoang, to learn more about his motivations and future plans. Meet Kory Hoang: The CEO Onramping the World to Web3 Behind every great startup is an ambitious founder. Kory Hoang, co-founder and CEO of Stably, immigrated to the United States from Vietnam as a child.  After serving 10 difficult years in a re-education camp following the Vietnam War, Kory's grandfather immigrated to the US in the late 80s and, more than a...

Three DeFiChain Improvement Proposal (DFIPs) (one of which is a special DFIP) and two Community Fund Proposals (CFPs) are up for vote in the latest governance voting round. DFIPs: Chainlink on DeFiChain (DFIP) - integrate Chainlink’s $LINK on DeFiChain and create a dLINK-DFI liquidity pool. Time-limited redirection of block rewards to the XCHF-DFI pool to enhance the usability of XCHF (DFIP) - incentivize the XCHF-DFI pool with block rewards for a limited time. Community Fund Diversification (special DFIP) - diversification of the Community Fund to help $DUSD to repeg to $1. CFPs: A Proposal for DeFiChain Labs' Independent Future - fund DeFiChain Labs directly via the community fund to enable self-sustained, dedicated development into the future. Decentralized Bridge for access to the DeFiMetaChain - develop and integrate a decentralized bridge alongside with CrowdSwap. The voting round for the proposals (except for the special DFIP) will end at Block Height 3,770,000 (roughl...

The DeFiChain community’s talented builders and stakeholders continually push the ecosystem forward.  Today, we’re spotlighting another exciting project – OctoDeFi. OctoDeFi aims to be the most flexible and modular crypto wallet for all things DeFiChain MetaChain (EVM) layer. We recently sat down with two of the co-founders Florian and Sebastian to learn more about their motivations and future plans. The Heart of OctoDeFi: The Team Behind any great blockchain project is a talented team driving the technical vision. For OctoDeFi, a crew of experienced crypto builders powers the core development and adoption efforts.  OctoDeFi has 5 core contributors, with 4 coming from technical backgrounds. Lars and his organization handle backend architecture and server upkeep to support platform services. He is also very active with his own YouTube channel where he creates accessible explanations of complex OctoDeFi concepts so that anyone can understand it.  Florian leads backend logic...