DeFiChain Blog

The latest governance voting round on DeFiChain features five key DeFiChain Improvement Proposals (DFIPs) aimed at enhancing the ecosystem’s stability, liquidity, and decentralization. These proposals address critical areas such as DUSD minting, fee structures, decentralized governance, and long-term peg stability. Below is a breakdown of the proposals and their potential impact: Proposal for Increasing DUSD Minting — Automatic Repay of DUSD loan Proposal for Adjusted Fee Structure to Enhance DUSD Liquidity and Trading Volume Proposal Special Interest Groups (SIGs) for DeFiChain Proposal to Reallocate Funds from DFIP 2201-A for Community Fund and DUSD Burn Force the peg finally DFIPs DFIP 1: Increasing DUSD Minting — Automatic Repay of DUSD Loan This proposal introduces an "Auto-Payback with Collateral" mechanism to provide an alternative to immediate liquidation. By automatically repaying DUSD loans with available DUSD collateral, users gain greater security when minting DU...

The latest governance voting round for DeFiChain concluded with six DeFiChain Improvement Proposals (DFIPs) and five Community Fund Proposals (CFPs) on the ballot. Here are the final outcomes from the voting. DFIP Results 1. Step 1 Towards a Marketing SIG This proposal aims to establish a Marketing Special Interest Group (SIG) to enhance DeFiChain’s visibility and growth. The SIG will include three members—Defichain_Puschi, Axel, and Hulix—with extensive marketing expertise. Yes: 86.90% (524 votes) No: 13.10% (79 votes) Neutral: 221 votes Status: ✅ Approved (Required: 66.67%) 2. Funds Reallocation to Marketing SIG This proposal reallocates unused funds from the Accelerator team to support the Marketing SIG. Interim custodians will manage the funds until the group is formally established. Yes: 78.51% (475 votes) No: 21.49% (130 votes) Neutral: 258 votes Status: ✅ Approved (Required: 66.67%) 3. Removal of Community Managers and Moderators Affiliated with For-Profit Organizations Designed...

The year 2024 marked a transformative chapter for DeFiChain, as it delivered a series of landmark innovations that significantly enhanced the platform’s capabilities and utility. From improving decentralized on-chain governance to advancing the EVM layer, DeFiChain has set new standards in decentralized finance (DeFi), underscoring its commitment to innovation and community-driven development. As we step into a new year, it is essential to reflect on the milestones achieved in 2024, made possible through the dedication of developers, contributors, and stakeholders. Let’s unwrap the achievements that have redefined what’s possible with DeFiChain. Key Achievements in 2024 EVM Integration and Enhancements Building on the EVM integration introduced in 2023, 2024 saw major advancements that enriched the developer and user experience: Operational Improvements: Addressed critical issues like RPC fixes and blockscout resolutions, ensuring a seamless operational experience. Enhanced Developer T...