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    DeFi

    Execution of Approved DFIPs for dCrypto Deprecation and Collateral Phase-Out

    Yeek.ioBy Yeek.ioJune 4, 2025No Comments1 Min Read
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    Two community-approved DeFi Improvement Proposals (DFIPs) will now be executed. They affect every dCrypto asset, introducing a structured phase-out from liquidity pools and vault collateral.

    DFIP 1 — Deprecate All Pools Containing dCryptos

    Governance vote details

    • All dCryptos are flagged deprecated after 86,400 blocks (≈ 30 days).
    • Swap functionality for these pools stops after another 86,400 blocks (≈ 60 days from now).

    DFIP 2 — Remove Deprecated Tokens as Vault Collateral

    Governance vote details

    • Collateral factor for each deprecated token drops automatically by 0.01 per day over 100 days.
    • The process begins at block 5,082,400.

    Timeline at a Glance

    Event Block Approx. Date & Time (CEST)
    Deprecation flag activated 5 082 400 Wed 4 Jun 2025 04:29
    Collateral reduction begins 5 082 400 Wed 4 Jun 2025 04:29
    Swap functionality disabled 5 168 800 Fri 4 Jul 2025 04:28

    What You Need to Do

    Liquidity Providers

    Withdraw liquidity from affected pools before 4 Jul 2025 to avoid being locked in when swaps stop.

    Vault Owners

    Remove dCrypto collateral without delay. Collateral factor reduction starts 4 Jun 2025 and decreases daily for 100 days, heightening liquidation risk.

    Tokens Being Deprecated

    dbtc, deth, dusdt, dusdc, dltc, dsol, dbch, deuroc, ddot, dmatic, ddoge, dsui, cseth, dxchf

    Next Steps

    1. Audit your positions in liquidity pools and vaults.
    2. Plan your exit or migration strategy ahead of the deadlines.
    3. Track block heights regularly; all changes are automatic.
    4. Stay informed through official DeFiChain channels for further updates.

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