Weekly Update – Building Your First dApp, DFIP & CFP, 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.
NVIDIA Stock Split
NVIDIA Corporation $NVDA recently announced a major change for its shareholders — a 10-for-1 stock that occurred on June 8, 2024.
Find out what that means for $dNVDA holders on DeFiChain here.
Building Your First dApp on DeFiChain's MetaChain Layer: A Beginner's Guide
Creating a decentralized application (dApp) can seem a daunting task to those new to the blockchain space.
However, it is surprisingly easier than many think. With the right guidance, anyone can start building their own projects on the blockchain.
This guide will walk you through the process of developing an escrow application on DeFiChain's MetaChain (EVM) layer.
Check out the guide here.
A Closer Look at the July DFIP & CFP Voting Round
Check out our blog for details on the DeFiChain Improvement Proposals (DFIPs) and Community Fund Proposals (CFPs) up for vote. Don’t miss your chance to have a say in the future of DeFiChain!
Find out more here.
Ecosystem Project Updates
- New News Show:
New news show format called Minmapshow started.
If you wanna make yourself more familiar with our new news show format, you should definitely click the link below to have a look at the new Defichain Ecosystem Mindmap... Which we also use for the #Mindmapshow 😁https://t.co/8Jn94vb2yJ https://t.co/3sfCdoA1E8
— defichain Puschi (@dPuschiii) May 29, 2024
Javsphere has launched a new innovative product called LeverageX, offering leverage trading for stocks and other RWA.
In today's video, we're diving into our game-changing product LeverageX 🚀
— Javsphere (@Javsphere) June 13, 2024
Disrupting the #DeFi landscape, offering leverage trading for stocks and other #RWA ℹ️
⭐️ yield mechanism & USP
⭐️ $JAV $DFI $DUSD use case
⭐️ multi-chain
Excited 😱? Comment below 👇👇👇 pic.twitter.com/Z8KwAx9ptZ
Crypto Factor is about to implement key improvements in the cDFI Community Staking beta mainnet launch plan.
Thank you again for your incredible feedback! 💙
— CRYPTO FACTOR (@_Crypto_Factor) June 11, 2024
The poll and your insights have led to key improvements in the cDFI Community Staking beta mainnet launch plan. ⏩ If you haven't cast you vote - Please do so!
Stay tuned for more updates as we get closer to lift-off! 🚀 #cDFI https://t.co/ie7awY8eEk
SeahorseFi has enabled the Collateral Factor for $VAN and $JAV.
Collateral Factor has been enabled for $VAN and $JAV. Now your assets will count into your total collateral which can be used to borrow other assets.
— SeahorseFi (🌊,🌊) (@SeahorseFi) June 13, 2024
One more use case for https://t.co/8gggK1czND users.$SEA soon. 🌊🌊
Dex Trading Live is about to introduce the $DTL Privilege Club, your gateway to an elevated trading experience on the DefiChain DEX.
Unlock the Future of Trading with the $DTL Privilege Club
— DeFiDexTrader ™ (@DeFiDexTrader) June 9, 2024
We are thrilled to introduce the $DTL Privilege Club, your gateway to an elevated trading experience on the DefiChain DEX. As we approach our presale starting on 20.6.2024, we're excited to share more about the USPs and… pic.twitter.com/ff3O4mfIsm
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 wraps up this week’s DeFiChain update. Stay tuned for more exciting developments as we continue to build and grow the DeFiChain ecosystem. Here’s to another week of innovation and community-driven progress in the world of decentralized finance!