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 December DFIP & CFP Voting Round
Check out our blog for details on the 6 DeFiChain Improvement Proposals (DFIPs) and 5 Community Fund Proposals (CFPs) up for vote. Don’t miss your chance to have a say in the future of DeFiChain!
CFP Spotlights
Over the past week, we’ve highlighted some of the key CFPs up for vote in this cycle. For a deeper dive into the purpose and details of these CFPs, check out our blog posts.
- CFP Spotlight: Operational and Infrastructure Costs For Cloud Services
As blockchain ecosystems mature, maintaining the critical infrastructure that underpins their reliability and functionality becomes a strategic priority. The latest funding proposal for DeFiChain addresses precisely this need.
Find out more about it here.
- CFP Spotlight: Ensuring DFI Market-Making Continuity
Liquidity and trading efficiency are the lifeblood of any thriving cryptocurrency ecosystem. The latest funding proposal for DeFiChain addresses precisely this need.
Find out more about it here.
- CFP Spotlight: Ensuring the Continuity of MyDeFiChain Infrastructure in 2025
The backbone of any blockchain ecosystem lies in its infrastructure—reliable, efficient, and scalable services that support users, developers, and the network’s integrity.
The MyDeFiChain team has filed a Community Fund Proposal (CFP) for 2025, ensuring the continuation of critical services while optimizing costs.
Find out more about it here.
Ecosystem Project Updates
Crowdswap introduced a social media contest where active community members can win prizes.
Surpriseee! 🥳😍
We LOVE seeing your energy and engagement on our socials, and it’s time to reward one of our community members! 🏆
Today, we’re thrilled to announce a randomly selected winner who has been actively contributing and shining in the community. 🌟… pic.twitter.com/OZvA274hxa
— CrowdSwap (@CrowdSwap_App) December 17, 2024
Javsphere’s LeverageX is now live on Base. Trade crypto, stocks*, forex, memecoins & more with up to 150x.
LeverageX is now LIVE on @base! 🚀
Trade crypto, stocks*, forex, memecoins & more with up to 150x #leverage unlocking the chance for significant profits. 📈
No limits, just pure decentralized #trading. All information below. 🔽
Thanks Base & @jessepollak for your #based support. pic.twitter.com/k4t9RFEThC— LeverageX by Javsphere (@Javsphere) December 19, 2024
Crypto Factor is transforming DeFiChain and beyond with their interchain approach.
⚡️ The Interchain Advantage ⚡️
Transforming DeFiChain and Beyond…
We’ve introduced the Interchain as a cutting-edge solution for blockchain interoperability, but let’s explore how this transformative technology impacts @defichain and its broader ecosystem. Beyond its… https://t.co/dguanekvQx
— CRYPTO FACTOR (@_Crypto_Factor) December 14, 2024
DEX Trading Live has a new section – Trade of the Day!
Trade of the Day!
With Bitcoin surpassing $100,000, MicroStrategy (MSTR) is riding the wave, up 8.7% in pre-market trading. On the DEX, MSTR is trading at a 9% discount, offering a potential 18% gain.
Consider using DFI to mint dUSD, then purchase MSTR to capitalize on the… pic.twitter.com/tJBSDT4j0a
— DeFiDexTrader ™ (@DeFiDexTrader) December 5, 2024
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!
