Weekly Update – September Voting Round, Future of DeFiChain, And More!

Oct 4, 2024

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 September Voting Round

With less than two weeks left, the September voting round is in its final stretch! If you haven't voted yet, then now's the time. Get informed and make your vote count by checking out our latest blog post for all the details.

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.

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.

Ecosystem Project Updates

CrowdSwap’s swapping fees are among the lowest in the industry.

Javsphere’s LeverageX trading competition is live.

Crypto Factor voting is now live.

Over 75% of $DTL stakers are using vaults for higher returns.

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.

DeFiChain

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

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