Weekly Update – CFP Spotlight, New Voting Cycle, And More!
Hi DeFiChain Community,
Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.
CFP Spotlight: Provision of Oracles for DeFiChain
Accurate, reliable price feeds are vital for DeFiChain’s decentralized financial services. A new CFP ensures robust oracle infrastructure for secure, real-time data.
Why this matters:
🔹Secure price feeds for dAssets
🔹Reduced risk of data manipulation
🔹Enhanced stability for lending, swaps & trading
👉 Read more about it here.
DeFiChain April DFIP & CFP Voting Round is LIVE!
The latest governance round features 2 DFIPs and 5 CFPs, shaping the future of DeFiChain. The proposals include:
🔹 DFIP 1 – Strengthening governance & transparency for CFPs
🔹 DFIP 2 – Deprecation of dCrypto pools for ecosystem sustainability
🔹 CFP 1 – Securing reliable oracle data for accurate pricing
🔹 CFP 2 & 4 – Ensuring Light Wallet compliance & maintenance
🔹 CFP 3 – AI-powered chatbot for user onboarding & education
🔹 CFP 5 – Developer resources to enhance network resilience
Read the full breakdown here.
Ecosystem Project Updates
Crypto Factor is making strides with its Interchain product.
🌐 Crypto Factor INTERCHAIN 🌐
— CRYPTO FACTOR (@_Crypto_Factor) March 17, 2025
Every Web3 project faces challenges in multi-chain deployment and cross-chain execution as they scale and expand their ecosystems. Crypto Factor is no exception - but our challenge extends beyond simple token bridging.
To tackle this, Crypto… pic.twitter.com/maB2SSsEBD
DTL announced an updated timeline for the rollout of their bot.
Dear DTL Community,
— dex-trading.live (@DexTradingLive) March 17, 2025
Our internal testing is taking a bit longer than expected due to unforeseen circumstances. Our key developer is currently unwell, and we want to ensure everything is polished before release. We truly appreciate your patience and hope for your understanding in…
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!