Weekly Update – DeFiChain's Decentralization Ambitions, Engineering Sync, 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.
The Future of DeFiChain: Decentralization through SIGs, DeFiChain Labs, and Community Engagement
As DeFiChain continues its journey towards further decentralization, the latest developments have sparked numerous questions from the community regarding cost reductions, team structure, and future plans.
In this blog, we’ll address these concerns, providing a clearer picture of DeFiChain’s evolving strategy, and how the community will play a crucial role in its future.
September’s DeFiChain Labs Engineering Sync
Last week, the DeFiChain Labs engineering team held their monthly Tech Sync, providing updates on the current projects and initiatives the team is tackling.
We’ve summarized the key updates here.
DeFiChain Labs X CrowdSwap
Exciting news! The DeFiChain Labs team has successfully set up their
CrowdSwap nodes, syncing blocks since last week. As a node validator for the Cross-Chain solution, they are now verifying and processing transactions and earning a share of the cross-chain fees.
DeFiChain Labs x CrowdSwap
— DeFiChain Labs (@DeFiChainLabs) September 23, 2024
1/4 Exciting news! We've successfully set up our @CrowdSwap_App nodes, syncing blocks since last week. As a node validator for the Cross-Chain solution, we're now verifying and processing transactions and earning a share of the cross-chain fees.
Ecosystem Project Updates
CrowdSwap just released their new airdrop task.
New Airdrop Task Is Live! 🎉
— CrowdSwap (@CrowdSwap_App) September 26, 2024
Here's a simple task with high rewards: 📈🔥 Bridge any stablecoin and earn serious points! It’s the perfect opportunity to get ahead in the competition.
Make sure to check the Airdrop page daily for updates. The more tasks you complete, the more… pic.twitter.com/q2sQ9771sD
Javsphere launched their LeverageX product on testnet on Base.
A major milestone has been achieved! #LeverageX is now open for public testing on @base Sepolia! All links and details below⬇️
— LeverageX by Javsphere (@Javsphere) September 26, 2024
Plus, LeverageX has now 87 pairs available for leveraged trading. You can even leverage $JAV, $DFI & $DUSD. 🚀
Please test and provide feedback! 🙏 pic.twitter.com/0d6ybHAOIM
Crypto Factor rewarded the top 15 DTM traders with 10k $CFR
It's a pleasure to support the mighty DTM. A total of 10k $CFR has been awarded in prizes to the top 15 traders and newcomers alike. 💙
— CRYPTO FACTOR (@_Crypto_Factor) September 25, 2024
Remember, trading doesn't stop, just because the competition has ended!
Looking forward to the next round already! https://t.co/EfqYAtzdUl
DEX Trading Masters season 8 has concluded.
Dear DTL community... I have good and bad news for you. 😱
— dex-trading.live (@DexTradingLive) September 23, 2024
Bad first? Sure.
DTM number 8 is finished. The fun is now over. But we also have quite good news🥳
not long until the next funny round can start 👀 stay tuned! 😁
⬇️⬇️⬇️ pic.twitter.com/JI9itSSyKO
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!