Weekly Update – 4 Million Blocks, New Oracle Price Feeds, Hardfork, And More!
Hi DeFiChain community,
As another week rolls by, we bring you the latest updates, developments, and opportunities within the DeFiChain ecosystem. Let's get straight into the highlights of this week.
Celebrating 4 Million Blocks on DeFiChain
Back in 2019, it was just a dream to bring DeFi to Bitcoin by offering secure staking, liquidity mining and RWAs.
On Tuesday, DeFiChain just minted its 4,000,000th block, and the dream has become a reality.
The next millionth block will bring new opportunities and innovations, but the founding vision stays the same: democratizing an open and transparent financial future for all.
Back in 2019, it was just a dream to bring #DeFi to Bitcoin by offering secure staking, liquidity mining and #RWAs.
— DeFiChain (@defichain) May 21, 2024
Today, #DeFiChain just minted its 4,000,000th block, and the dream has become a reality.
The next millionth block will bring new opportunities and innovations,… pic.twitter.com/Rw5iTDSYFF
Virtual Event: Unlock the Power of Decentralized Applications with MetaChain!
Are you ready to dive into the world of dApps and explore the cutting-edge DeFiChain MetaChain layer? Join us for an immersive virtual workshop designed to guide you through the process of building your first decentralized application (dApp) on this innovative platform.
📅 Date: Thursday, May 30th
⏰ Time: 5:00 PM SGT
🌐 Location: DeFiChain Dev Discord
More details and registration here: 👉 https://lu.ma/zix6ijt0
Introducing new Oracle Price Feeds on DeFiChain
DeFiChain is introducing new Oracle price feeds from Supra's DORA, and Javsphere's Pyth Network-powered system. These advancements solidify DeFiChain's position as a leader in DeFi, driving the future of a secure, transparent, and interoperable financial ecosystem.
Find out more about it in our blog post.
Successful Hardfork
DeFiChain has successfully implemented the planned Hardfork at block 4,006,000, introducing several significant updates. The detailed release notes can be found here.
Key updates include:
👉 Support for Stock Splits: Native on-chain support for stock splits, removing the need for oracle multipliers.
👉 Token Renaming: Introducing the ability to rename tokens on-chain, a feature that was previously unavailable.
👉 Future Swap Limitations: Enhanced swap functionality with new limitations for better management.
👉 General Performance Enhancements: Improved responsiveness of RPCs (Remote Procedure Calls) and overall performance optimizations.
More about it here:
DeFiChain has successfully implemented the planned Hardfork at block 4,006,000, introducing several significant updates.
— DeFiChain (@defichain) May 23, 2024
The detailed release notes can be found https://t.co/vsSt5nrMPc
Key updates include:
1. Support for Stock Splits: Native on-chain support for stock splits,… pic.twitter.com/cvqiiygTob
Ecosystem Project Updates
- OctoDeFi
@Octo_Defi unveiled their new SmartWallet with “account abstraction” in an introduction video.
Watch it here:
- Javsphere
@Javsphere’s $JAV token has been listed on Bitrue.
Find out more about it here:
🌎 First Centralized Exchange 🚀
— Javsphere (@Javsphere) May 16, 2024
The next big milestone will happen next week! 👀 The $JAV Token will be listed on #Bitrue 🔘 the first centralized exchange 📈.
More information in this video (link below 👇) pic.twitter.com/XD32lwDdOz
- Bake
@Bake_io is having a $JAV airdrop for its elite members.
More about it here:
The $JAV AlphaDesk is live! 🚀
— Bake (@bake_io) May 22, 2024
Sign up for ELITE by 27 May to claim your share of 15,000 $JAV tokens #airdrop and a bonus pool of 150,000 $JAV.
Get early access to Javsphere’s innovative DeFi products integrating real-world assets. Learn more 👉 https://t.co/K12ZiTD0Zd
- Crowdswap
@CrowdSwap_App just launched their 2024 CROWD Airdrop
More about it here:
🔥Attention CROWDers🔥
— CrowdSwap (@CrowdSwap_App) May 23, 2024
The 2024 CROWD Airdrop is officially live now! 🤩
This Summer, CrowdSwap has a lot of exciting news and events that we know you'll love, starting with our grand Airdrop.🚀
Just sign up, follow the tasks, and check back daily so you don't miss any new… pic.twitter.com/1v1PG9wcp4
- DEX Trading Live
@DexTradingLive launched their $DTL Content Creation Campaign.
More about it here:
🎨 Calling all creatives! 🎨
— DeFiDexTrader ™ (@DeFiDexTrader) May 23, 2024
We're launching the $DTL Content Creation Campaign!
Create X posts, memes, videos, graphics, or blog posts promoting the $DTL Privilege Club, its benefits, our presales, and upcoming airdrops.
📝 How to participate:
👉🏻Learn about the $DTL… pic.twitter.com/klRQmnZrYu
Note: The content provided here is for informational purposes only and should not be construed as financial advice. Always conduct your own research and consider consulting with a financial professional before making any investment decisions.
That's all for this week's update. We're thrilled to see the community's continuous support and enthusiasm as we forge ahead with new developments and milestones. Stay tuned for more news and updates from DeFiChain!