CFP Spotlight: Ensuring the Continuity of MyDeFiChain Infrastructure in 2025

DeFiChain -

The backbone of any blockchain ecosystem lies in its infrastructure—reliable, efficient, and scalable services that support users, developers, and the network's integrity.

The MyDeFiChain team has filed a Community Fund Proposal (CFP) for 2025, ensuring the continuation of critical services while optimizing costs.

This proposal requests 2,625,000 DFI (~$42,000 USD) to sustain the MyDeFiChain infrastructure for the entire year.

The Scope of the Proposal

The proposal focuses on maintaining and upgrading infrastructure components that form the foundation of DeFiChain services.

These include endpoints, block explorers, snapshot services, faucets, and seeders.

What the Funding Covers

Ocean Infrastructure

  • Endpoint: Ocean MyDeFiChain
    Utilized by key services such as the LightWallet, Vault-Maxi, BNB-Bridge, and API services.
  • Snapshot Ocean: Provides essential blockchain data backups.

RPC Endpoints

  • Mainnet: dmc.mydefichain.com
    Supports services like LightWallet, MetaMask, and Blockscout for Mainnet, Testnet, and Changi.
  • Requests have increased more than tenfold compared to mid-2024, underscoring the growing demand for these endpoints.

Block Explorers

Miscellaneous Services

  • API Services: Powers analytics platforms like defichain-analytics.com.
  • Snapshot Services: Critical for network recovery and synchronization.
  • Faucets: Provide users with testnet funds for experimentation and development.
  • Seeders: Facilitate node integration and network stability.

Cost Reductions and Optimization

The MyDeFiChain team has taken proactive steps to reduce expenses while maintaining service quality:

  • Discontinuation of Changi Support: Full-scale support for Changi has been minimized, resulting in $250/month savings.
  • Testnet Infrastructure Downsizing: Reduced testnet infrastructure by 50%, utilizing mainnet nodes to eliminate $500/month costs.
  • Merged Services: By consolidating various functions, MyDeFiChain ensures no compromise on performance or stability.

Why This Proposal Matters

Critical Service Continuity

These infrastructure components are essential for users and developers relying on the LightWallet, Blockscout, and other tools. Their seamless operation supports the growing demands of the DeFiChain ecosystem.

Scalability and Performance

With a tenfold increase in RPC requests since mid-2024, the proposal ensures MyDeFiChain can handle scaling requirements without performance degradation.

Cost-Efficiency

Through consolidation and optimization, MyDeFiChain has significantly reduced operating expenses while continuing to deliver high-quality services.

Conclusion

The MyDeFiChain infrastructure CFP for 2025 is a cost-efficient plan designed to ensure the continuity and reliability of essential services for the DeFiChain community.

By approving this request, stakeholders secure the scalability and performance of an ecosystem increasingly critical to users and developers.