DFX Finance introduces V3 and second Interval Phase
DFX Finance introduces V3 and second Interval Phase
DFX Finance has launched its V3 version and entered its second Interval Phase. The new phase brings reduced emissions and a long-term commitment, aligning token emissions with the protocol's maturity. Interval schedules also demonstrate project support and attract like-minded users. The goal is to reach zero liquidity mining token emissions by 2029. DFX has updated its allocation documents for transparency. The V3 version includes updated tokenomics, support for a multi-chain ecosystem, and a wider variety of token pairs.
v3 is dropping soon! Here's what to expect 👇 Updated Tokenomics 🪙 $DFX token emission now mirrors the “halvening” schedule wherein the emission rate has been reduced to 25% from 65%. This period will last for another 32 months. DFX Finance for a multi-chain ecosystem! ✨
Forex Market Volatility Increases Due to Tariffs
Recent tariff implementations are causing significant volatility in foreign exchange markets, particularly affecting EUR and CAD trading pairs. - Market conditions suggest increased hedging opportunities - Multiple trading pairs available across various chains - Platform access available via [Sedge.fi](https://sedge.fi/) **Key Considerations:** - Leverage trading carries substantial risk - Variable rate markets require understanding of mechanics - Proper research recommended before trading *For newcomers:* Consider reviewing the [comprehensive trading guide](https://medium.com/contango-xyz/the-ultimate-guide-on-how-to-contango-v2-a5489d4ca8a9) before starting.
Sedge Deploys DFX on Base Network: A Grant Success Story
Sedge, a DFX grant recipient, successfully deployed DFX smart contracts on the Base network, enabling trading pairs for EURC/USDC and CADC/USDC. The implementation uses DFX v3 contracts and Chainlink Price Feeds for secure market data. Key developments: - Initial deployment focused on EURC/USDC liquidity - Added CADC/USDC trading pair - Utilizes Chainlink Price Feeds for CAD/USD and EUR/USD - Serves as first gateway to DFX on Base This deployment marks the beginning of expanding non-USD stablecoin accessibility on Base, with more integrations planned.
DFX Token Migration Deadline
**Final Notice**: Today marks the deadline for upgrading old $DFX tokens to the new CCIP-enabled version. Key Points: - The upgrade optimizes cross-chain operations for better efficiency and security - Users who miss the deadline can still convert tokens via traditional Ethereum bridge - Migration process automatically converts old tokens - Support available through community channels - Detailed guide available at docs.dfx.finance *Users requiring assistance should consult the migration guide or reach out to community support.*
Weekly Top 3 APRs: 1GBP, NGNC, and GYEN Lead
DFX Finance has released its weekly top 3 APRs for September 26, 2024: - Poundtoken's 1GBP: 176% - Link_IO's NGNC: 143% - GMOTrust's GYEN: 105% These rates have remained stable compared to the previous week. Users can start participating in these high-yield opportunities through the DFX exchange platform. **Key Points:** - Consistent high yields for fiat-backed stablecoins - Opportunity for diversification beyond USD-pegged assets - Easy access via https://exchange.dfx.finance/pools *Consider exploring these options to potentially enhance your crypto portfolio's performance.*
Poundtoken's 1GBP maintains top APR at 127%
Weekly Top 3 APRs update:n n- Poundtoken's #1GBP: 127% n- Link_IO's #NGNC: 123% n- GMOTrust's #GYEN: 109% n nThis consistent performance shows stability in the top APR offerings. The 1GBP token has held its position at 127% for multiple weeks, demonstrating strong yield potential for GBP-backed stablecoins. n nNGNC and GYEN continue to offer attractive rates, providing opportunities for diversification across different fiat-backed stablecoins. n nUsers interested in these high-yield options can get started on the DFX Finance platform. n nAs always, conduct your own research and consider your risk tolerance before participating.