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    DeFi

    Weekly Update – CFP Spotlight, December Voting Round, And More!

    Yeek.ioBy Yeek.ioDecember 13, 2024No Comments2 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.

    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.

    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 here.

    Ecosystem Project Updates

    Crowdswap has planned something big for the end of the year.

    Javsphere’s JAV token is now live on Aerodrom.

    $JAV is now live on @AerodromeFi! 👀

    Today marks a major milestone in our journey on @base! 🚀

    Get ready—very soon, #LeverageX will revolutionize decentralized trading with up to 150x leverage on crypto, stocks, and more on #base. pic.twitter.com/1sEljrOoGH

    — LeverageX by Javsphere (@Javsphere) December 10, 2024

    Crypto Factor is redefining connectivity!

    ⚡️ INTERCHAIN: Redefining Connectivity ⚡️

    ➡️ When we think of blockchain bridges, we think of tools for moving tokens between chains. They serve a purpose, but they’re limited – prone to security risks, scalability issues, and focused almost entirely on asset transfers.

    💥… pic.twitter.com/Hksd3tOVd0

    — CRYPTO FACTOR (@_Crypto_Factor) December 9, 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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