Weekly Update – DEX Fee Update, WASM, Project Spotlight And More!

Mar 8, 2024

Hi DeFiChain community,

Welcome to this week's edition of the DeFiChain Weekly Update, where we bring you the latest and most exciting developments from the DeFiChain ecosystem. Let’s dive into the highlights of the week.

Dynamic DEX Stabilization Fees: An Update

The implementation of the Dynamic DEX Stabilization Fee on the DeFiChain DEX, effective from February 28th, marks a pivotal step towards stabilizing the value of DUSD. With the introduction of variable fees for DUSD transactions, there's a noticeable momentum driving DUSD's price closer to its $1 peg.

For more details on the rationale and framework behind these developments, refer to the original DFIP proposal.

WebAssembly: The Game-Changer for Blockchain Performance and Flexibility

The Ethereum Virtual Machine (EVM) has laid the groundwork for modern blockchain applications. However, the industry is evolving with WebAssembly (WASM), promising new possibilities and improvements in blockchain performance, security, and cross-compatibility.

Discover how WASM stands to redefine the blockchain space, promising enhanced operational efficiency and broader application capabilities in our latest blog post.

Project Spotlight: CRYPTO FACTOR

In our ongoing series of Project Spotlights, we featured CRYPTO FACTOR, an innovative aggregator of Web3 infrastructure services. CRYPTO FACTOR streamlines the deployment of on-chain infrastructure services across EVM-compatible chains, including DeFiChain's MetaChain (DMC), offering an integrated solution for developers and businesses in the blockchain domain.

Catch up on our engaging conversation with CRYPTO FACTOR in the X Space recording.

Ecosystem Project Highlights

  • Community Reward Campaign: Dive into DeFiChain's latest campaign to snag unique OAT NFTs and a slice of the 4,000 $DFI prize pool. Participate now!
  • Atlantis NFT Marketplace: announced its upcoming launchpad drop. Learn more here:
  • Jello DFI is gearing up for an exciting NFT project launch. More here:
  • Javsphere celebrates reaching 28m TVL across their offerings. Discover more here:
  • TnT World unveils its new landing page. Explore it here:
  • DEX Trading Live kicks off the next DEX Trading Masters. Register today here:

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.

Weekly News Recap

If you missed the latest episode of the DeFiChain News Show with Lord Mark and DZ, catch up now to stay informed about the happenings in the DeFiChain universe. Watch the latest episode here:

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!


Decentralized finance enabled on Bitcoin. A blockchain dedicated to fast, intelligent and transparent financial services, accessible by everyone.

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