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    DeFi

    Weekly Update – Tech Sync, Voting Round, SIGs, And More!

    Yeek.ioBy Yeek.ioDecember 7, 2024No Comments3 Mins Read
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    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 Labs November Tech Sync

    Last week, the DeFiChain Labs engineering team held their monthly Tech Sync, providing updates on the current projects and initiatives the team is tackling.

    We’ve summarized the key updates here.

    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!

    Find out more about it in our latest blog post here.

    Information About How to Set up a SIG

    In last week’s Engineering Call, we took the first steps toward empowering the community to set up their own SIGs (Special Interest Groups). This is a huge opportunity for those passionate about shaping the future of our ecosystem.

    Key Steps to Get Started:

    👉 Head to our Dev-Discord and join the sig-governance channel.
    📚 More details and resources you need to launch your SIG will be shared there soon.
    🌐 Join the Conversation: https://discord.gg/cweAZgGU

    Ecosystem Project Updates

    Crowdswap launched their new VIP Program and it’s now live.

    The New VIP Program is Officially Live! 🚀

    Hey CROWDers, we have some exciting news! 🎉

    The new VIP dashboard has just launched. It provides a complete breakdown of your scores, earnings, and even how to get your desired points—all in one place. 📊💎

    Check it out now, and… pic.twitter.com/0m4bJ6ZAPL

    — CrowdSwap (@CrowdSwap_App) December 5, 2024

    Javsphere is now secured by Hypernative.

    LeverageX (by @Javsphere) is now secured by Hypernative 🤝

    The future of leveraged trading meets the best way to secure everything you build, run, and own in Web3!

    Read more on our blog: https://t.co/pZWlScVoXY pic.twitter.com/I8i8DM2A6X

    — HypernativeLabs (@HypernativeLabs) December 5, 2024

    Crypto Factor goes interchain!

    ⚡️ CRYPTO FACTOR – INTERCHAIN ⚡️

    The Future of Secure Multi-Chain Operations

    Interchain, developed by Crypto Factor, is a cutting-edge private application blockchain designed to revolutionise multi-chain interactions.

    By integrating Partisia Blockchain’s advanced… pic.twitter.com/1H6divYL8J

    — CRYPTO FACTOR (@_Crypto_Factor) December 3, 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!

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