Results for the July DFIP & CFP Voting Round
One DeFiChain Improvement Proposal (DFIPs) was up for vote in the latest governance voting round and here are the final results.
DFIPs:
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 are minted into a shared multisig address overseen by both Economy and Development SIGs, ensuring transparent custody.
- Liquidity Pool Deployment: A DFI/dToken pool is provisioned but remains disabled until the INTERCHAIN bridge is live—guaranteeing that liquidity only flows once cross-chain synchronization is rock solid. Reddit
Should demand outstrip supply, the Economy SIG can request additional issuance. These tokens are minted directly into the DMC smart contract, preserving the integrity of the wrapped-asset relationship.
Yes: 94.64% (688 votes)
No: 5.36% (39 votes)
Neutral: 80 votes
🟢 Approved with required min. 66.67% approval rate ✅