DeFiChain Blog

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...

After years of managing DeFiChain's infrastructure, we're approaching a major milestone. Our mandate to handle these responsibilities comes to an end in Q3, and we want to give everyone plenty of notice about what's coming next. We've been the primary caretakers of DeFiChain's technical backbone since the early days - managing nodes, API services, and all the critical infrastructure that keeps the network running. But this was always meant to be a temporary arrangement. Now it's time to pass the torch to capable hands in our community. Why we're making this transition Running blockchain infrastructure is no small task. It means 24/7 monitoring, constant updates, security patches, and making scaling decisions that affect thousands of users. We've handled this responsibility with care, funded through Community Fund Proposals (CFPs) that the community approved. Originally, we expected our funding to last until the end of 2025. However, unforeseen additional...

One DeFiChain Improvement Proposal (DFIPs) was up for vote in the latest governance voting round and here are the final results. DFIPs: Listing of New Wrapped Crypto Tokens DFIPs DFIP 1: Listing of New Wrapped Crypto Tokens With the integration of DMC support, DeFiChain users would then be able to move assets seamlessly between DeFiChain and other blockchains. This decentralised process, managed by Crypto Factor, ensures that the wrapped tokens (DATs) will maintain value and usability across both chains, offering real-time access to assets. Initiation by Economy SIG: The specialized Economy Special Interest Group (SIG) identifies a promising asset—say, Partisia’s MPC or Polygon’s POL—and submits a DFIP for Masternode voting. On-Chain Creation: Upon approval, the Development SIG (or, if absent, governance-key holders) invokes the creation of a new DAT contract on DeFiChain’s blockchain. Token Issuance & Custody: The Economy SIG sets the initial supply based on market demand; tokens...

Welcome to the DeFiChain News Show summary - your go-to source for all the latest happenings in the DeFiChain ecosystem. Each week, we bring you the most important updates, developments, and critical announcements that every DeFiChain community member needs to know. In this edition, we cover the ongoing tokenomics discussion, the upcoming voting, and the interchain development progress. Here's everything you need to know about the latest DeFiChain updates. Community Expands Tokenomics Discussion to Reddit The DeFiChain community continues to advance its collaborative approach to project governance by expanding the tokenomics discussion beyond Telegram to Reddit. This strategic move demonstrates the project's commitment to inclusive, decentralized decision-making. Last week, we covered the "DeFiChain Tokenomics Discussion" document that emerged from ongoing Telegram community conversations. This document, while still in draft form, represents a fundamental shift toward...