Weekly Update – New Release, Vaults, RWAs, Workshop, And More!

Apr 19, 2024

Hi DeFiChain community,

As another week rolls by, we bring you the latest updates, developments, and opportunities within the DeFiChain ecosystem. Let's get straight into the highlights of this week.

Update: DeFiChain v4.1.0-beta Release

The DeFiChain team has unveiled a new release, v4.1.0-beta, bringing exciting improvements and features to the platform. This hard fork update introduces several significant changes, including:

  • Make vault fee settable via Governance variables
  • Enable renaming of token on DVM and EVM
  • Enable renaming on pools
  • Refund lost funds due to null pool swap bug

More information here.

Understanding Vaults: Exploring the Cornerstone of DeFiChain’s dToken System

DeFi vaults are a crucial component in the decentralized finance ecosystem, serving a far more multifaceted purpose than their traditional safe-deposit counterparts. Rather than merely safeguarding crypto assets, these smart contracts  facilitate a variety of financial activities.

In this article, we’ll examine the mechanics of crypto vaults, dissecting how they function and underscoring their indispensable role within the DeFiChain ecosystem.

Find out more about it here.

Unlocking the Power of Real-World Assets: A Step-by-step Guide to Vaults and dTokens

So you got the theoretical side of decentralized assets down after reading our last post. Nice! Now it’s time to get your hands dirty and actually put that knowledge into practice.

In this blog, we’ll take you on a tour of the DeFiChain mobile app and show you exactly how to mint (create) your own dTokens using the Vault system. By the end, you’ll be a dToken minting pro!

Read it here.

Unlock the Power of Decentralized Applications on DeFiChain

Are you ready to venture into the exciting world of decentralized application (dApp) development? Join us for our first-ever workshop, where you’ll embark on building your first dApp on the DeFiChain MetaChain layer.

In this workshop, you’ll discover:

  • How to set up your development environment for DeFiChain.
  • Writing and deploying smart contracts.
  • Connecting your smart contract to a user-friendly frontend.
  • Best practices for secure and efficient dApps.

Workshop Details:

📅 Date: April 25th
🕒 Time: 6:00 PM (CET)
🌐 Location: Dev Discord
🔗 Link: here

Ecosystem Project Updates

  • Javsphere

#WowWowWow @Javsphere’s second token phase sold out within 4 blocks

Find out more about it here.

  • CRYPTO FACTOR

@_Crypto_Factor has launched their $CFR token on @VanillaSwap1 and is ripping it up

More here.

  • DEX Trading Live

@DexTradingLive’s Dex Trading Masters are well on its way.

Check out the top positions 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.

Recaps

  • Weekly News Show

Missed the most recent weekly news show with Lord Mark and DZ? Catch up on this week’s episode here:

  • DeFiChain Engineering Sync

Join us live for the 2nd DeFiChain Labs Engineering Sync! 

📅 Next Week, Monday, April 22, 2024
🕒 Live - 11:30 (CET) // 17:30 (SGT)
🔗 Link: 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!


DeFiChain

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

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