2024 Year in Review: DeFiChain and dForce Achievements
2024 Year in Review: DeFiChain and dForce Achievements
馃殌 DeFi's Wild Ride of 2024
Key Highlights from 2024:
DeFiChain delivered significant platform enhancements and innovations through dedicated developer contributions
dForce reached major milestones:
- $12B+ total volume
- ~1M transactions
- 38,000+ new users
- $158M+ in total assets
Notable dForce developments:
- Launch of sUSX and Unitus V2
- Multiple successful governance proposals
- Secured major grants: 1M ARB tokens, 500K ARB tokens (STIP Bridge), 250K PYTH tokens, and 70K OP tokens
Visit the official blog posts for detailed insights into these achievements.
The year 2024 marked a transformative chapter for DeFiChain, as it delivered a series of landmark innovations that significantly enhanced the platform鈥檚 capabilities and utility. As we step into a new year, it is essential to reflect on the milestones achieved in 2024, made
DeFiChain Discusses Tokenomics and Website Revamp in Latest News Show
DeFiChain's latest ecosystem updates include significant developments: - Ongoing discussions about tokenomics improvements - Website revamp initiative in progress - Crypto Factor expands with new Labs division - July DFIP & CFP voting round now active - Continued execution of dCrypto deprecation process The ecosystem continues to evolve with these infrastructure and governance updates. Community members can review detailed information in the [weekly update blog](https://blog.defichain.com/weekly-update-news-show-voting-round-and-more/).
A Closer Look at the July DFIP & CFP Voting Round
A new governance voting round has opened on DeFiChain with one DeFiChain Improvement Proposal (DFIP) up for consideration. This represents a smaller voting round compared to December 2024's session, which included 6 DFIPs and 5 Community Fund Proposals. - Current voting round focuses on a single key proposal - Community members can participate in shaping DeFiChain's future - Full proposal details available at [DeFiChain blog](https://blog.defichain.com/a-closer-look-at-the-july-dfip-cfp-voting-round-2/) **Voting remains open for community input**. Review the proposal and make your voice heard.
DeFiChain Implements Community-Approved dCrypto Asset Phase-Out
DeFiChain is executing two significant DeFi Improvement Proposals (DFIPs) affecting all dCrypto assets: - **Complete deprecation** of dCrypto assets from liquidity pools - **Structured phase-out** of dCrypto as vault collateral This implementation follows community approval and aims to enhance ecosystem stability. The changes introduce a transparent deprecation process designed to minimize risk while optimizing platform resources. For detailed information about the phase-out process and timeline, visit [DeFiChain's official blog](https://blog.defichain.com/execution-of-approved-dfips-for-dcrypto-deprecation-and-collateral-phase-out/).
DeFiChain (DFI) Faces Potential Delisting from Gate.io
Gate.io has notified DeFiChain about possible $DFI token delisting due to market liquidity concerns. The DeFiChain team aims to maintain transparency with the community regarding this situation. Key points: - Notice received from Gate.io exchange - Liquidity issues cited as main concern - Team working on response plan More details available in the [official blog post](https://blog.defichain.com/exchange-update-defichain-dfi-at-risk-of-delisting-from-gate-io/)
DeFiChain Android Light Wallet Faces Recovery Challenges
DeFiChain Labs reports ongoing challenges in regaining access to the Android Light Wallet. The development team is working with core developers but recovery remains difficult. Key updates: - Community should prepare for potential wallet app fork - Call for community leaders to step forward - Seamless service continuation remains priority This situation follows the recent transition of the Light Wallet to community governance under the DTL team, marking a step toward greater decentralization. [Read full details](https://blog.defichain.com/update-on-defichain-android-wallet-transition/)