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    DeFi

    Weekly Update – Hardfork Implementation, Community X Space, And More!

    Yeek.ioBy Yeek.ioDecember 8, 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.

    Biggest Hardfork in DeFiChain’s History Successfully Implemented

    DeFiChain’s highly anticipated hardfork went live on October 29th at block height 4,463,000, introducing a suite of enhancements aimed at refining the protocol, empowering users, and strengthening ecosystem integrity.

    Here’s a look at the key changes and their impact on users and the DeFiChain platform.

    Community X Space: Hardfork and Community Projects

    After a long hiatus, the Community X Space reconvened, offering insights, updates, and a platform for open dialogue among community leaders and users. A great discussion on the hard fork, community projects and more!

    Here’s a summary of the Space.

    DeFiChain Labs 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.

    Ecosystem Project Updates

    CrowdSwap shared an update on their recent progress.

    An Update on Our Recent Progress✨

    Hey CROWDers! The past couple of weeks may have felt a bit quiet, but we’ve been hard at work behind the scenes to stabilize and enhance our cross-chain solution. Here’s a look at what we’ve been focusing on:

    ✅ Optimizing the cross-chain… pic.twitter.com/61ORrdIWGo

    — CrowdSwap (@CrowdSwap_App) October 31, 2024

    Javsphere implemented new Limit and Stop Limit order types.

    New Order Types Now Available on LeverageX v8.2.0: Limit & Stop Limit! 🔈

    1️⃣ Limit: Ideal for going long below the current price or short if the price rises.
    2️⃣ Stop Limit: Useful for long trades if prices rise or shorts if prices fall, like a breakout.

    More info below 🔽 pic.twitter.com/5v9kEPZEeg

    — LeverageX by Javsphere (@Javsphere) October 31, 2024

    Crypto Factor’s $CFR token just made a new ATH a few days ago.

    ⚡️CRYPTO FACTOR – CFR ATH⚡️

    Mood…@defichain @0xPolygonDeFi @partisiampc https://t.co/xmEG1VDwL5 pic.twitter.com/uLVAzIJp7L

    — CRYPTO FACTOR (@_Crypto_Factor) October 28, 2024

    DEX Trading Live released their first ever Privilege Talk.

    The very first $DTL Privilege Club talk is released!
    Jump in and Listen what DTL is about 🎉https://t.co/VWPuct6c7r

    Crazy what AI knows about us 🤭

    — dex-trading.live (@DexTradingLive) October 29, 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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