Execution of Approved DFIPs for dCrypto Deprecation and Collateral Phase-Out

Jun 4, 2025

Two community-approved DeFi Improvement Proposals (DFIPs) will now be executed. They affect every dCrypto asset, introducing a structured phase-out from liquidity pools and vault collateral.

DFIP 1 — Deprecate All Pools Containing dCryptos

Governance vote details

  • All dCryptos are flagged deprecated after 86,400 blocks (≈ 30 days).
  • Swap functionality for these pools stops after another 86,400 blocks (≈ 60 days from now).

DFIP 2 — Remove Deprecated Tokens as Vault Collateral

Governance vote details

  • Collateral factor for each deprecated token drops automatically by 0.01 per day over 100 days.
  • The process begins at block 5,082,400.

Timeline at a Glance

EventBlockApprox. Date & Time (CEST)
Deprecation flag activated5 082 400Wed 4 Jun 2025 04:29
Collateral reduction begins5 082 400Wed 4 Jun 2025 04:29
Swap functionality disabled5 168 800Fri 4 Jul 2025 04:28

What You Need to Do

Liquidity Providers

Withdraw liquidity from affected pools before 4 Jul 2025 to avoid being locked in when swaps stop.

Vault Owners

Remove dCrypto collateral without delay. Collateral factor reduction starts 4 Jun 2025 and decreases daily for 100 days, heightening liquidation risk.

Tokens Being Deprecated

dbtc, deth, dusdt, dusdc, dltc, dsol, dbch, deuroc, ddot, dmatic, ddoge, dsui, cseth, dxchf

Next Steps

  1. Audit your positions in liquidity pools and vaults.
  2. Plan your exit or migration strategy ahead of the deadlines.
  3. Track block heights regularly; all changes are automatic.
  4. Stay informed through official DeFiChain channels for further updates.

DeFiChain

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