Background

DFX Finance

DFX Finance is a decentralized foreign exchange protocol for fiat-backed stablecoins (like $USDC, $CADC, $EUROC, $GYEN, $XSGD, etc). You can safely earn yield or use the DFX platform and its contracts to provide true financial localization for the customers of your global business. The next generation of global finance cannot rely solely on USD-pegged stablecoins.

Integrationstwitter

DFX Finance launches new version of NGNC Ramps on Polygon DeFi

Mon 26th Feb 2024
DFX Finance has launched an updated version of $NGNC Ramps on 0xPolygonDeFi, enabling users to buy and sell Nigerian Naira directly on the blockchain using various currencies and tokens. This enhancement aims to provide a seamless DeFi experience through platforms like DFX Finance, MetaMask, and 1inch.

DFX Community Achieves Victory and Partners with Unidex.ai

Mon 26th Feb 2024
The DFX community secured a victory by over 20% through rallying and voting. Additionally, DFX is teaming up with Unidex.ai to list the token on their platform. Unidex.ai offers AI-powered research to enhance the DEX trading experience for users. For more information, refer to their documentation.
Community article

Cross-chain functionality added to DFX Finance with Chainlink integration

Thu 15th Feb 2024
DFX Finance has added Cross-chain functionality with the integration of Chainlink's CCIP bridge for DFX. The migration guide and bridge guide have been updated in the docs, along with the CCIP Explorer for submitted Bridge Transactions. This feature allows seamless bridging for various transfers, optimizing the flow of DFX tokens for efficiency, security, and cost savings.

Cross-chain functionality integration for DFX is live

Thu 15th Feb 2024
The integration of Chainlink's CCIP bridge for DFX is now live on the platform. Users can seamlessly bridge DFX tokens for L2<>L2 transfers and L2<>L1 transfers, optimizing flow and saving time and gas.

Stablecoin adoption remains unaffected by market conditions

Mon 12th Feb 2024
The adoption of stablecoins is seen as a secure investment regardless of bear or bull market trends. A specialized exchange focusing on non-USD to USD swaps is attracting interest from individuals in non-G7 countries who are seeking access to USD.

DFX Finance advancing towards decentralization with oSnap!

Fri 2nd Feb 2024
DFX Finance expresses gratitude to UMA Protocol for their support in boosting TVL and community growth with KPI Options in 2021-2022. They are now moving towards full decentralization with oSnap!

Update on PAXG LP on Polygon: Deposit issues resolved, high APR offered by DFX Finance

Thu 25th Jan 2024
Deposit issues with PAXG/USDC on Polygon are resolved, and both single-sided and double-sided staking are fully operational. DFX Finance offers the highest APR for any PAXG LP in DeFi at 147%. Users can view the data from DefiLlama and start earning by getting involved and checking the provided link.
Community article

DFX L2 Bridging Application Feature Complete

Thu 11th Jan 2024
DFX has completed the bridging application feature for L2 (CCIP Enabled) and is now awaiting deployment by Chainlink. This feature allows for seamless transfers between L1 and L2 networks, such as Ethereum to Arbitrum or Polygon, and between different L2 networks like Arbitrum and Polygon.

BPT Staking Pools Now Live on Aura Finance

Mon 8th Jan 2024
Aura Finance has launched the P-40DFX-20USDC-40TEL & A-DFX-WETH (w/ DFX L2) Balancer Pool Token (BPT) staking pools. BPT holders can now stake their LP Tokens in Aura Finance to maximize their staking rewards. The process involves obtaining BPT on the Balancer platform and then staking them on Aura Finance. Rewards include $BAL and $AURA on Aura Finance, while $BAL rewards are available on Balancer. $TEL rewards will be added soon as a voting incentive.
Community article

Miscalculation in Voting Round for DFX <> WETH Pool on AuraFinance

Thu 14th Dec 2023
A miscalculation in the previous voting round on AuraFinance has led to voting incentives not being deposited for the $DFX <> $WETH pool. To rectify this, incentives for the upcoming round on 12/20 will be doubled.
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