Weekly Update – Dex Trading Live, Project Spotlight, 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.
DeFiChain Masternode Voting Round – July
The July voting round has concluded! The DeFiChain Labs engineering team will now examine the approved proposals over the next week. Further updates will be shared in due course.
Check out the results here.
Project Spotlight: Dex Trading Live
Dex Trading Live strives to become the most comprehensive learning resource for trading on DeFiChain’s decentralized exchange (DEX).
We recently sat down with the founders to learn about their achievements since our last spotlight. Find out more in the blog here.
Promote Your Project on DeFiChain's Project Spotlight
DeFiChain's Project Spotlights highlights innovative projects building on the DeFiChain MetaChain layer, giving them the exposure they deserve.
If you're developing on DeFiChain and want to be exclusively featured, don't miss this chance!
https://x.com/defichain/status/1816453364667859337
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
$mDFI has been integrated into SeahorseFi.
As of today, $mDFI is integrated into @SeahorseFi 's lending & borrowing market, the first Liquid Staking on @defichain solution to achieve that feat.
— MarbleFi (@marblefi_xyz) July 26, 2024
You can now earn APRs on top of your interest-bearing $DFI, allowing for more capital utility and execute more DeFi strategies https://t.co/kGgIz7hlyE
Javsphere’s LeverageX is being audited by SolidProof.io.
Exciting news! The smart contract audit for #LeverageX has officially begun, conducted by the expert team at @solidproof_io.
— Javsphere (@Javsphere) July 23, 2024
This extensive audit is a crucial step towards our upcoming launch. Stay tuned for updates! #Javsphere #Audit #SmartContracts #Security https://t.co/bQZlRiAUsV
Crypto Factor introduced rewards in the form of $CFR for liquidity provision.
🔹 CRYPTO FACTOR - LM REWARDS 🔹
— CRYPTO FACTOR (@_Crypto_Factor) July 25, 2024
We have listened to our community and in order to incentivise our Liquidity Provision we have chosen to introduce rewards in the form of $CFR for LP Token staking.
We are currently on Testnet with this functionality. Feel free to join us in our… pic.twitter.com/Lik70IiNbg
SeahorseFi launched $mDFI on their platform.
mDFI
— SeahorseFi (🌊,🌊) (@SeahorseFi) July 26, 2024
Out now! 💯💯 pic.twitter.com/KkVeYdThXH
Dex Trading Live launched their $DTL staking.
💥 $DTL STAKING LAUNCH 💥
— DeFiDexTrader ™ (@DeFiDexTrader) July 15, 2024
Unlock the full potential of your $DTL with our staking service starting TODAY around noon CET!
When the time is right, go to: https://t.co/Q0GyuJYkNH
Deposit your $DTL into a vault to earn attractive rewards. Choose between flexible deposits or… pic.twitter.com/nF8YrcgO3k
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!