Weekly Update – February Voting Round, On-chain Payments, 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.
A Closer Look at the February DFIP & CFP Voting Round
Check out our blog for details on the 5 DeFiChain Improvement Proposals (DFIPs) up for vote. Inform yourself and don’t miss your chance to have a say in the future of DeFiChain!
Read more about it here.
Automatic On-chain Payments Are Now LIVE!
We’re excited to share that Automatic On-chain Payments are now fully operational! During the last payout cycle, CFP funds were successfully distributed with zero human intervention—marking a major milestone in streamlining processes and enhancing efficiency.
However, there’s still work to be done. While $DFI payments are fully automated, $DUSD payments still require human intervention. This time, the core-devs facilitated the transaction, but please note this will be the last time.
Automatic On-chain Payments Are Now LIVE!
— DeFiChain (@defichain) January 22, 2025
We’re excited to share that Automatic On-chain Payments are now fully operational! During the last payout cycle, CFP funds were successfully distributed with zero human intervention—marking a major milestone in streamlining processes and… pic.twitter.com/uoyMyctlm9
DeFiChain Website & Community Contributions
The DeFiChain Labs team is currently focused on priorities outside its intended scope. This means we don’t have the capacity to revamp the website as planned.
But here’s where YOU come in! We’re calling on the incredible DeFiChain community to take over to shape the future of the website. Defichain.com is now entirely open-sourced and fully community-driven, as it should have been from the beginning.
Have ideas, updates, or improvements?
You can contribute directly through GitHub.
Here’s how you can contribute:
✅ Visit the GitHub repository at https://github.com/DeFiCh/defichain.com
✅ Submit updates or improvements as a pull request
✅ Join the discussion and be part of the change
Ecosystem Project Updates
CrowdSwap has one of the most competitive APYs out there.
🔹 CROWD/POL LP Farm (Polygon) - APY: 16%
— CrowdSwap (@CrowdSwap_App) January 30, 2025
🔹 CROWD/BNB LP Farm (BSC) - APY: 14%
🔹 CROWD/ARB LP Farm (Arbitrum) - APY: 14%
🔹 CROWD/ETH LP Farm (Ethereum) - APY: 13%
💎 More Liquidity, Better Prices: By participating in liquidity pools, you get great transaction prices, earn… pic.twitter.com/Bij1TKaSDq
Crypto Factor announced that the Private Interchain Mesh is now live on the @partisiampc Testnet!
🚨 INTERCHAIN UPDATE 🚨
— CRYPTO FACTOR (@_Crypto_Factor) January 28, 2025
We’re thrilled to announce that the Private Interchain Mesh is now live on the @partisiampc Testnet! 🎉 - A MASSIVE step forwards for @shadows_crypto and the Labs Team!
🛠️ What’s Next?
• Internal Testing: 1 week of rigorous testing by our team.
•… https://t.co/jS5aEPqPmY pic.twitter.com/zt2piVELvH
11 reasons why $DTL could be a good addition to your portfolio.
🔥 Get Ready for DTM11: The Ultimate Trading Challenge! 🔥
— DeFiDexTrader ™ (@DeFiDexTrader) January 23, 2025
Mark your calendars: 3rd February kicks off the first #DexTradingMasters 2025!
💥 6 weeks of action
💥 Only 500 dUSD starting capital
💥 Get THE Wallet for free
💥 Weekly challenges to test your trading genius
💥 Great… https://t.co/EH90uOOy6t
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!