Execution of Approved DFIPs for dCrypto Deprecation and Collateral Phase-Out
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
- 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
- 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
Event | Block | Approx. Date & Time (CEST) |
---|---|---|
Deprecation flag activated | 5 082 400 | Wed 4 Jun 2025 04:29 |
Collateral reduction begins | 5 082 400 | Wed 4 Jun 2025 04:29 |
Swap functionality disabled | 5 168 800 | Fri 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
- Audit your positions in liquidity pools and vaults.
- Plan your exit or migration strategy ahead of the deadlines.
- Track block heights regularly; all changes are automatic.
- Stay informed through official DeFiChain channels for further updates.