DeFiChain DEX
DeFiChain DEX is a fully decentralized and non-custodial exchange running on the DeFi Blockchain, as part of the chain’s first layer protocol.
With the DeFiChain DEX, users are able to perform swaps, liquidity mine (yield farm) up to 200% APY, and also participate in arbitrage opportunities.
There are no fees to deposit or withdraw DFI on the DEX unlike on centralized exchanges.
As a unique feature of the DEX being part of the native consensus mechanism of the DeFi Blockchain, there are no gas fees involved in claiming yield farming rewards.
All earned rewards are automatically distributed into users’ wallets automatically every 30s!
DeFiChain DEX can be found on the DeFiChain desktop wallet app
Integrations
DeFiChain Enhances Community Fund Proposal System with 66.67% Threshold
Thu 27th Mar 2025
DeFiChain is implementing significant improvements to its Community Fund Proposals (CFPs) system to enhance transparency and accountability:
- New 66.67% approval threshold requirement
- Implementation of milestone-based payment structure
- Mandatory quarterly progress reporting
- Extended 21-day community discussion period before voting
These changes aim to ensure more effective use of community funds and better project oversight.
For more details, visit [DeFiChain's blog post](https://blog.defichain.com/dfip-spotlight-improving-the-handling-of-community-fund-proposals-cfps/)
AI-Powered Chatbot Proposed to Improve DeFiChain Onboarding
Thu 6th Feb 2025
A new community proposal aims to develop an AI-powered chatbot to enhance DeFiChain's user onboarding and education. The initiative addresses the challenge newcomers face in accessing structured information about products, governance, staking, and liquidity pools.
Key updates this week:
- AI chatbot proposal under review
- February DFIP & CFP voting round ongoing
- New DeFiChain educational resources launched
- Multiple ecosystem projects progressing
**Reminder**: Voting for 5 DeFiChain Improvement Proposals remains open until February 27th, 2025. [Cast your vote on DeFiScan](https://defiscan.live/governance)
Automatic On-chain Payments Go Live on DeFiChain
Mon 6th Jan 2025
**Key Updates This Week:**
- Automatic on-chain payment system is now fully operational
- February governance voting period opens with 5 new DeFiChain Improvement Proposals (DFIPs)
- Community voting remains open until February 27th, 2025
- Website improvements and community contributions continue
**Governance Details:**
- All masternode holders can participate in voting
- Proposals aim to enhance network functionality
- Voting accessible through DeFiScan platform
Review the full proposals and cast your vote at defiscan.live/governance
2024 Year in Review: DeFiChain and dForce Achievements
Mon 6th Jan 2025
**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.*
DeFiChain DEX Parameter Updates for November 20-21, 2024
Thu 21st Nov 2024
Key DeFiChain DEX parameters have been adjusted:
- **Negative Interest Rate** decreased from -684% to -620%
- **Fee** reduced from 3.88% to 3.77%
- **DUSD-DFI fee** lowered from 50% to 35%
These changes reflect ongoing protocol adjustments to maintain stability and efficiency in the DeFiChain ecosystem. Previous rates from Nov 19 showed higher values, indicating a gradual reduction in fees and negative interest rates.
*Monitor these parameters as they directly impact trading and liquidity provision.*
DeFiChain Celebrates 5th Whitepaper Anniversary Amid Major Protocol Updates
Tue 15th Oct 2024
DeFiChain marked its 5th Whitepaper Day following the successful implementation of its largest hardfork to date. The update, activated at block height 4,463,000, introduced several key improvements:
- Revamped owner rewards calculation system
- Enhanced token ownership controls
- New token deprecation features
- Strengthened EVM layer chronological processing
- Implementation of dToken system re-pegging
Additionally, Super Micro Computer stock underwent a split, affecting related dTokens on the platform.
**Key Achievement**: The hardfork represents the most significant protocol upgrade in DeFiChain's history, focusing on user experience and system stability.
