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DFI Price:
$2.3 M
All Time High:
Market Cap:
$0.4 B

Circulating Supply:
Total Supply:
Max Supply:


The price of #DFI today is $0.73 USD.

The lowest DFI price for this period was $0, the highest was $0.730, and the exact current price of one DFI crypto coin is $0.73032.

The all-time high DFI coin price was $5.64.

Use our custom price calculator to see the hypothetical price of DFI with market cap of ETH or other crypto coins.


The code for DeFiChain is #DFI.

DeFiChain is 2.2 years old.


The current market capitalization for DeFiChain is $377,062,815.

DeFiChain is ranked #96 out of all coins, by market cap (and other factors).


There is a big volume of trading today on #DFI.

Today's 24-hour trading volume across all exchanges for DeFiChain is $2,325,308.


The circulating supply of DFI is 516,300,895 coins, which is 43% of the maximum coin supply.


DFI is a token on the Binance Smart Chain blockchain, and has digital contracts with 1 other blockchain.

See list of the DFI Blockchain contracts with 2 different blockchains.


DFI is available on several crypto currency exchanges.

View #DFI trading pairs and crypto exchanges that currently support #DFI purchase.


Note that there are multiple coins that share the code #DFI, and you can view them on our DFI disambiguation page.



Get Rewarded Through Our Bug Bounty Program

At DeFiChain, the security of our users is our number one priority. That’s why we’re looking to harness the value of security professionals as well as developers within the community. Our Bug Bounty program underscores our values and serves our mission in becoming the most trusted and transparent blockchain protocol that enables DeFi functionalities for the bitcoin blockchain. DeFiChain’s bug bounty program awards up to US$ 50,000 in DFI for vulnerabilities in the DeFiChain code.How to participate There are many ways to join the program to help find and identify vulnerabilities in the DeFiChain code. You can start by connecting to the DeFiChain testnet by running defid -testnet. Alternatively, you could also study our source code at GitHub. If you find a bug through interacting with our program and/or studying our source code, we can offer a bug bounty reward of up to USD 50,000 worth of DFI, provided that the issue is deemed significant, and you are able to provide useful info in regards to fixing or reproducing the issue. Be sure to study the code that is tagged for official releases, not the master branch or other code still currently under development.Submission Process Security is a sensitive issue, hence we encourage our users not to submit public issues regarding the security of the blockchain. We encourage users to use their own discretion — if you feel the issue is not something the public can easily exploit, then feel free to create an issue at the repo over at GitHub. If the issue presents a critical exploit, then please email us instead at In your submission please include:A clear description of the issue.A fix for the issue, preferably as a pull request.If unable to provide a fix, then please provide clear directions on how to reproduce the issue.Your email address or other relevant contact details (e.g. Telegram ID).Your DFI address for receiving the bounty if your submission is approved.Upcoming Bug Bounty Opportunities We just recently launched our Eunos upgrade with some really groundbreaking new features. One of these features is our unique Interchain Exchange and atomic swap capabilities. A tutorial on how both features work on DeFiChain can be found here; a step-by-step walkthrough on how the interchain exchange works can be obtained here. In order to thoroughly test our Interchain Exchange, we are about to set up a market-making bot with 0.1 BTC on each side to act as a market-maker to allow anyone intending to use it to take on the order instead of having to wait for makers. It’s not live yet and still under development. More about the bot can be found here. The Interchain Exchange and atomic swaps are live on the mainnet. If you find security issues or any other vulnerabilities in the code, then you might be eligible for our bug bounty program as per the terms above.Leaderboard Our first bounty awarded over 5,000 DFI, equivalent to more than US$ 15,000, was granted to Dr. Daniel Cagara for his discovery of a critical security related bug, which has already been fixed and upgraded. Dr Cagara is also topping our leaderboard with a total award of 13,000 DFI or close to 39,000 USD. The most recent bug bounty payouts were awarded for 3 security-related bug disclosures by Dr. Daniel Cagara. All of these issues have already been fixed on the mainnet. Here are some insights into the respective bugs: 3rd-party masternode fund lockup issue: 1,500 DFIThis issue, if unfixed, allowed users to lock up a 3rd party custodian’s fund, such as an exchange, and use it as collateral for masternode.This is now addressed on mainnet. You need to prove ownership of the custodian address when creating a masternode. Probabilistic side mining exploit: 2,500 DFIWith coinage, users can probabilistically guess the next few successful masternodes that are about to mine the next few blocks.It is a problem because you can create a huge number of addresses at the side and monitor which ones are likely to get to mine the 11th block (it takes 10 blocks to register) before registering. This gains an unfair advantage.As far as I know, this is a theoretical exploit and is not exploited in the wild.This is now mitigated by requiring 1,008 blocks for newly registered masternodes to be activated. Also coupled with the speedy masternode feature, it is improbable now to be able to correctly guess the next masternodes and gain an unfair advantage by “side mining”.A longer activation period for masternodes also adds to overall PoS network security and stability with a masternode list that is more permanent. Dropping of masternode through transaction malleability: 4,000 DFIA penalty feature is built-in to prevent a masternode from staking on multiple forks. This penalty feature is not yet enabled on mainnet by any masternodes, however the transaction was valid on mainnet if a masternode was able to submit a proof that a masternode has been staking on multiple forks.The penalty will result in the masternode getting banned from the chain, requiring the affected masternode to have to re-register and wait for 1008 blocks to be activated again.However, transaction malleability allows for malicious masternode to craft a bad proof, causing honest masternodes to be banned.This issue is now removed from mainnet by invalidating the penalty transaction. This has never been exploited on mainnet. To keep up-to-date with the latest information and news, feel free to follow us on Twitter or join our Telegram group. Originally published at on July 1, 2021.

The community has spoken: DFIP & CFP results

The DeFiChain community participated in the fifth round of voting and in this latest round they were able to vote on 2 DFIP proposals to further improve and decentralize the DeFiChain ecosystem, as well as on 10 community funding proposals (CFPs). The voting round/2106 started on 8 June 2021 and closed on 16 June 2021; a total of 2,713 votes across all 12 proposals have decided on the direction in which DeFiChain is heading. The following table shows the final results of the voting round/2106, with a total of 11 out of 12 proposals accepted. It was also the first time that the community rejected a proposal. The next voting round will take place at the end of July. We encourage every project to submit a new proposal on Github in order to participate in the next voting round. Optionally, you may also want to start a Reddit thread at for community discussions. The most important dates for the next voting round are the following:Proposal submission ends on Fri, 16.07.2021, 23:59:59 UTCVoting starts on Mon, 19.07.2021, 23:59:59 UTCVoting ends on Mon, 26.07.2021, 23:59:59 UTCResults announced on Tue, 27.07.2021 In the following, we’d like to present all the proposals that were successfully approved by the community.DeFiChain Improvement Proposals Two long term locks possibilities:Lock up collateral for 10 years in exchange for 2x (double) the block finding probability compared to a non-locking masternode.Lock up collateral for 5 years in exchange for 1.5x the block finding probability compared to a non-locking masternode. This proposal is only concerning staking rewards, other long-term staking masternode will not carry extra weights on other masternode functions such as voting. Mechanism:Block finding probability is increased by shortening the period used for coinage accumulation. Normally coinage increases every 6 hours, lockup of 10 years would increase coinage every 3 hours and lockup of 5 years would increase coinage every 4.5 hours.This does not alter the coinage cap for individual nodes. Maximum coinage for longer lockups is still capped the same with the regular max coinage, i.e. 56.Due to possibility of changing block time, collateral can be unlocked when average block time of the past 1008 * 2 blocks are larger than the period of lock up. This ensures thatneither delays in block findings or potential change in block time in the future would affect the unlocking period. To get us going for likely Q2/early Q3 launch of asset tokenization and loan program, it is proposed that a ticker council is set up as follows:Daniel Zirkel, operator of and co-host of DeFiChain NewsLord Mark, co-host of DeFiChain NewsChicken Genius, YouTuber and an experienced stocks traderU-Zyn Chua, CTO & Chief Researcher of DeFiChain.Dr. Julian Hosp, Community Lead of DeFiChain Roles:Decide in an open manner, e.g. on YouTube Live, the tickers to be listed, or de-listed on DeFiChain.Once Operator functionality is in DeFiChain, and that it is stable enough to operate, this ticker council will be dissolved.Council members may be added/removed by the community or by the council collectively.Council and council members are not to make any earnings from the decisions on listing the assets nor to derive any fees from trading or usage of the listed asset tokens.Community Funding Proposals Over the last couple of months, Jeff Block and Christian Bieri set up the community project DeFiChain Promo ( The projects main goals are:to offer high quality social media posts for promoting DeFiChain andto incentivize individuals who actively participate in the promotion of DeFiChain on social media. DeFiChain runs a bug bounty program to reward security researchers for responsible disclosures. This is beyond the first 5,000 DFI payout which was made before this CFP. Further CFPs may be requested for top up of bug bounty funds when it runs low. Tracking all generated rewards from liquidity mining and staking is not so easy — especially when it comes to taxes. In countries like Germany and in all other countries with taxes on crypto earnings an overview about each person’s crypto earnings, aggregated in one file is more than just welcome. Via you are able to generate an earnings overview which can also be easily imported into a professional crypto tax tool (e.g Cointracking, Accounting, Blockpit, Cryptotax, …). The rising number of people running a masternode requires proper tracking of minting activities, the income and the health of their masternode server. The Masternode Monitor can provide this information and makes running and administering a (server-based) masternode much more pleasing. Crypto and Blockchain is a fast-paced world and there are many updates every week. To save time, we are aggregating and filtering all relevant news in easy to digest news bits. Youtube is an excellent way to address a larger audience and to support the work of moderators. DefiChain has a lot of growth potential, and we all want to see our chain grow, flourish and expand to the moon and even further. It’s all about scaling and reach, so we need media coverage, and over-communicating is better than leaving the community and investors in the dark. Do not worry about the technology, rely on our service and let us take care of the servers. You just need the DeFi Wallet running on your computer and a minimum balance of 20,000 DFI, we provide the rest. The masternode creation in your wallet works with just one simple command in the command line. You can shut down your wallet and turn off your computer after the masternode creation. The masternode will produce a reward of 135 DFI every 3 to 4 days. We take care of the updates and availability of the server, which runs your masternode. You keep full control over your coins at all times, own the private keys yourself and do not have to send them to any platform. Even when resigning the masternode, you are not dependent on our assistance. You can resign the masternode at any time and your DFI will be released from the blockchain within a blocking period of currently 60 blocks. Everybody should be able to set up and run the DefiNode at home to actively participate in securing the Defichain blockchain and support decentralization and security. It should not be a replacement to the PC wallet or cloud based Nodes but rather more of an additional, cost effective and cool way to support the decentralization and growth of the Defichain. It will be built for 24/7 usage to contribute to the network all the time and be always in sync, when you need it. A lot of people do not realize that they can lose coins in a Liquidity Mining pool due to Impermanent Loss (IL). This calculator will visualize the potential Liquidity Mining loss by addressing the range of interest and the duration. This would allow people not only to educate themselves but also to become more aware of the IL topic. While many DeFiChain users cry “when Binance” and struggle with big or small exchanges to exchange DFI into Fiat or Fiat into DFI, a small group of tech geeks is already working on the ultimate solution. A fully regulated crypto exchange that focuses exclusively on the needs of DeFiChain users and which also can be integrated by any other software via API. This exchange run by DeFiChain enthusiasts pursues the goal of making DeFiChain bigger and more successful. Originally published at on June 24, 2021.

Vive la révolution! We Struck Off The Foundation — Long Live Decentralization!

Vive la révolution! We Struck Off The Foundation — Long Live Decentralization!DeFiChain Foundation Limited, which was previously registered in Singapore, has been de-registered.In this next step to becoming fully decentralized with no on-chain governance, the DeFiChain project will be wholly run by you — the DeFiChain community.A new non-profit Foundation will be incorporated in the BVI to administer any admin tasks and DeFiChain’s intellectual property (IP) rights. FULL: It’s one small step for DeFiChain, one giant leap for decentralization! The DeFiChain team has completed the de-registration process of the DeFiChain Foundation Limited, which was previously registered under in Singapore (Company identification number 201937328C). Don’t worry, this is just a formality. Both Julian and U-Zyn will continue to promote and contribute to the growth of the project in support of the various initiatives undertaken by the DeFiChain project by investing their time and efforts to help it reach the goal of becoming the world’s leading blockchain in the decentralized finance space. However, they will no longer be directly nor formally affiliated with the new Foundation in terms of proposing the general direction of the project, justified by DeFiChain’s move towards full decentralization. Instead, future governance of DeFiChain and DeFiChain projects will be conducted by you — the community — through masternode voting. The DeFiChain Foundation, which was initially created and registered as a non-profit organization in Nov. 2019 to support the accelerated growth of the DeFiChain blockchain project, was needed in the early days — as a means to register websites and conduct other administrative tasks etc. — but is no longer required with DeFiChain accelerating its path towards becoming fully decentralized. To ensure that DeFiChain’s current and future Intellectual Property (IP) like trademarks etc., and the integrity of the project can be administered, a new Foundation will be set up in the British Virgin Islands (BVI). Daniel Zirkel — whom most of you probably know as a long standing and trusted DeFiChain advocate, and active member of the community since DeFiChain’s inception — will act as the intermediary and communicator between the new Foundation and the broader DeFiChain community. In conjunction with the de-registration of the Foundation (in Singapore), 273.7 million DFI which were previously held in the Foundation Wallet, have been burned following the results of the DFIP #7 voting proposal. The hard cap of 1.2 billion DFI has not been affected by this burn, and the burned amount will be redistributed into circulation via block rewards over time. Originally published at on June 16, 2021.

DeFiChain Community Projects

What would DeFiChain be today without a strong and forward thinking community — one determined to further push the decentralization efforts in order to become the number one DeFi protocol for financial applications. Back in Q1 we outlined our ambitions to convince more external developers to build their own dApps and programs on top of the DeFiChain blockchain by encouraging them to apply for funding via the community development fund. This fund, holding a bit more than 14m DFI and continually growing with each block, is reserved for community purposes only. Its sole objective is to incentivize developers and the greater DeFiChain community to participate in activities that are beneficial and supportive to DeFiChain’s long term goals. The following projects were the first to be successfully funded by the community development fund. These projects should not go unnoticed, because they offer considerable value to the community. If you are now also interested in starting a project in the DeFiChain ecosystem, please consider submitting a proposal too. If you’d like to know more about it, then feel free to interact with our active community on Telegram or Reddit. Originally published at on May 28, 2021.

How Crypto Assets Are Guaranteed on DeFiChain

In this five minute reading article, you’ll learn about:How DeFiChain currently handles the transfer of Bitcoins and other coins into its ecosystem.The future of sending Bitcoins and any other coins in a totally decentralized way into the DeFiChain ecosystem. Have you ever wondered why it is not possible to use Bitcoin directly on Ethereum, or why you can’t send Tether from your DeFiChain Wallet App directly to your Binance account? Well, the answer has to do with each coin’s limited interoperability on different non-native blockchains, where coins based on one network cannot be simply transferred to another network. Wrapped tokens are a remedy to circumvent this limitation to be able to use non-native tokens on multiple different blockchains.What Are Wrapped Tokens? A wrapped token is a tokenized version of another cryptocurrency which is pegged to the value of the identical asset it represents on a different network and can be redeemed for the unwrapped version of the token at any point in time. In the case of DeFiChain, this means that cryptocurrencies native to a blockchain other than DeFiChain have to be wrapped in order to represent it’s identical ‘genetic copy’ and facilitate trading on DeFiChain’s decentralized exchange. Another way to think about a wrapped token is to compare it to a stablecoin, which derives its value from another asset. In the case of a stablecoin like USDT, it’s the US-Dollar’s value that it is pegged to. As blockchains are distinct systems, it is actually quite hard to easily share and move information between them. As a result, wrapped tokens increase the interoperability between different blockchains, allowing them to bridge other blockchain ecosystems by becoming a cross-chain asset.How do Wrapped Tokens Work? The wrapped token is backed 1:1 with the actual asset. DeFiChain is no exception here — BTC, ETH, LTC, BCH and DOGE are all wrapped versions of the respective real assets and are 1:1 backed by the real assets on the mainnets of the respective blockchains on verifibale addresses. Whenever you send i.e. Bitcoin via Cake DeFi to your DeFiChain Wallet App, it then gets wrapped into a DAT version of BTC and the real BTCs are transferred to a separate Bitcoin wallet on the Bitcoin blockchain (address: 38pZuWUti3vSQuvuFYs8Lwbyje8cmaGhrT). These Bitcoins will stay and “wait” there for you until you decide to send your Bitcoins back to Cake DeFi. At that point, your wrapped BTC are unwrapped into real BTC, which then can be transferred out to any BTC wallet address. The same holds true for all other coins, except DeFiChain’s native DFI token. The following list shows you the addresses used to store the real asset tokens: On the other hand, when you exit the DeFiChain ecosystem by i.e. sending your wrapped BTC from the DeFiChain Wallet App back to Cake DeFi, then the wrapped DAT BTC are taken out of circulation. As a result those tokens, which are not backed by a real asset any longer, will get burned. The burning address used is basically just an ordinary DeFiChain address without a private key. In Table 1 you can see the amounts each respective wallet is currently holding (as of 9 May 2021). The ‘Real Asset’ column shows you the real assets which are locked away on Bitcoin, Ethereum etc. addresses. The ‘Wrapped Asset’ column represents the wrapped token amount for each DAT that has been minted so far ( The ‘Burned Asset” column shows all the wrapped tokens that have been burned so far. These tokens have to be subtracted from the wrapped token amount that has been minted — this is shown in the ‘Total Wrapped Asset’ column. It is crucial to understand that the amount of real assets always equals or exceeds the total amount of wrapped assets. In other words, there cannot ever be more wrapped tokens of any coin in existence than what is locked away as real assets on Bitcoin, Ethereum etc. addresses. In case the real assets succeed the total wrapped assets, the wrapped tokens then become over-collateralized, which is shown in the last column ‘Delta’. You can check the DAT distribution for each token on this third party website.No Need of a Custodian Anymore The future of DeFiChain will be even more decentralized by implementing atomic swaps. Atomic Swaps are smart contracts which facilitate the trustless and decentralized exchange of cryptocurrencies between two distinct blockchains without having to place reliance on any intermediaries. With the implementation of atomic swaps, DeFiChain users are then able to exchange bitcoin, sitting on the DeFiChain blockchain in the form of DBTC (DeFi Asset Token backed by bitcoin), for bitcoins, sitting on the Bitcoin blockchain, without relying on any middlemen or centralized institution. Instead, users will be able to intuitively transfer coins in a completely decentralized manner to and from the Bitcoin blockchain directly in the DeFiChain app. This opens up the possibility of allowing all assets on DeFiChain to be easily moved into and out of the DeFiChain blockchain and the Bitcoin blockchain with high liquidity. With the implementation of atomic swaps the times you had to go via Cake DeFi are numbered, and true decentralization will enrich your trading experience. Atomic swaps will work for any token, not only BTC.Decentralized Token Creation For Anyone DeFiChain’s decentralization and interoperability ambitions do not stop with atomic swaps. In a second phase, the possibility to create a DeFi Asset Token (DAT) is going to be implemented. As a result, anyone can then create a token and mark the token as an official token by their own organization. The decentralized token creation is done via over-collateralization, meaning all tokens, including but not limited to BTC, ETH, USDT, can be created by anyone in the community via over-collateralizing with DFI, BTC and a few others. On top of that, the organization is then also able to appoint pricing oracles, which are essentially smart contracts on DeFiChain, allowing multiple trusted and appointed parties to submit periodic price feeds of DATs and DFI.Summary Getting Bitcoins or Ether onto your DeFiChain Wallet App is currently time-consuming and not really frictionless. Any transfer of any coin other than DFI has to currently go via Cake DeFi and is backed by the real assets on the mainnets of the respective blockchains. That means, for each BTC you send into the DeFiChain ecosystem, the same amount is put into a backing address on the bitcoin blockchain. If you were to exit the DeFiChain ecosystem, then these wrapped Bitcoins would get destroyed. In the near future this procedure will get more straightforward and intuitive by implementing atomic swaps. It is then possible to allow all assets on DeFiChain to be easily moved into and out of the DeFiChain blockchain and the Bitcoin blockchain with high liquidity without going via a middleman like Cake DeFi. True decentralization is on the horizon and #nativedefi on DeFiChain will soon be the gold standard for any DeFi project out there. If you are interested in the project and would like to keep up with the latest news and updates on DeFiChain, then join the official Reddit, Telegram and Twitter channels. Originally published at on May 12, 2021.

DeFiChain is Minting Millionaires With Outrageously High Staking and Liquidity Mining Returns

The upcoming millionaire caste has more in common with the ‘degenerates’ from WallStreetBets heading for GME, XRP or Doge than with Wall Street gurus like Warren Buffett. Most of them funnel their retirement savings into cryptocurrencies such as Bitcoin, Ethereum or DeFiChain and are taunting the financial superstar investors for lacking so-called “diamond hands” and panic selling their stocks at the beginning of the pandemic.The Ordinary Joe Gets a Tesla Per Month For Free A fair bunch of them gather in Telegram chat rooms, vividly exchanging trading tips and mobilizing their peers to support and buy digital assets of all kinds. However, you can find them also in Telegram channels like the one of DeFiChain, where just recently someone wrote, “if I am not getting a Tesla from liquidity mining every month, then I am doing something wrong”. Decentralized finance (DeFi) is one of the hottest topics in the crypto world right now and DeFiChain is right in the middle and is playing in the same league with such prominent projects as Uniswap, Pancake Swap or Sushi Swap. Even though DeFi is still in the Wild West, blockbuster projects are already putting out their feelers to onboard big institutional investors. However, the space as a whole is still lacking a common standard to easily plug into the gazillion of Dollars sidelined in various financial channels of the traditional financial infrastructure. “We know there are some obstacles to overcome, predominantly on the interoperability front, but nothing we aren’t able to overcome to become one of the leading DeFi projects “, U-Zyn Chua, core contributor of DeFiChain, mentioned in a recent report, where the project announced that adoption rates are increasing and millions of US dollars of fresh liquidity is being pumped into the ecosystem. Such horrendous numbers are almost certainly driving more of the established financial companies into the DeFi space with takeovers and buy-ins looming in the not too distant future, funnelling yet more fresh capital into the space.How to Beat the Slot Machine What we are currently witnessing in the DeFi space is nothing less than a modern gold rush, where a new class of brash capitalists are chasing the quick bucks. It’s the American love story of capitalism, being exported into every corner of the world, playing out in semi private chat groups rather than on oil fields, free trade centres and major financial hubs. It very much feels like the early days in Las Vegas, before the big institutional players arrived and turned the picturesque town into a corporate Disneyland. A lot of money is currently being funnelled into DeFi projects of all kinds. DeFiChain, for example, has just amassed a market cap of US$ 1.5 bil with US$ 340 mil in total value locked — a metric used by decentralized platforms as a means of liquidity being locked on their protocols. Just recently JP Morgan Chase concluded that DeFi is here to stay and will pose a threat to traditional financial institutions, while Bank of America sees DeFi ‘potentially more disruptive than Bitcoin’. Most founders of these DeFi projects govern like gods with their deep pockets. In the long run, though, it will be the corporations who will inevitably have the saying in the DeFi space and who will rule it with an iron fist very much as they do it in Las Vegas. In the meantime, DeFi will remain a slot machine, especially for those with little or no knowledge, blindly following the WallStreetBets of this world. Most of them will lose their money, their house and their cars, because they bet on the wrong projects. Others, the ones who bet their money on solid projects like DeFiChain will gain financial freedom. Who do you like to be? If you want to learn more about staking and liquidity mining and would like to earn a passive income from it, you can find more information here. To keep up-to-date with the latest information and news, feel free to follow us on Twitter or join our Telegram group. Originally published at on May 4, 2021.

Have Fun Staying Poor by Missing Out on Risk-Free Passive Income

The outcry “Gold! Gold! In the Klondike!” unfolded one of the greatest gold rushes in history. In 1897, an army of hopeful gold-seekers boarded ships in ports along the East Coast of the US and headed north toward the vision of riches to be had for the taking. Most of them were uneducated day laborers, blindly following rumors, they weren’t able to verify, just to hit the promised golden jackpot. A few made it, most didn’t.The Sooner You Know About Risk Free Passive Income The Better Little has changed over the last two centuries. People are still looking for the quick bucks, following the Bitconnects and Safemoons of today and wondering why they don’t make it. For most of them, pursuing a long term investing strategy, which also incorporates ways to let your money work for you, isn’t part of their mindset, which makes them miss out big on risk-free cash flow opportunities. As the word cash flow implies, money is regularly hitting your account — like passive income — making it the perfect vehicle for the magic of compound interest: The more frequently your money earns interest, the faster and bigger your balance will grow. As interest is added to your account, you earn interest on the original balance, plus the previously earned interest. As a result, your total capital will grow much faster than if you would compare it to simple interest (see Figure 1). Using and investing in DeFiChain kills two birds with one stone, combining high yields with fast and reliable cash flow payments, transferred directly into your wallet address in a cryptographically secured environment. And most importantly, the yields for staking have skyrocketed to 100% APY over the last few days.If You Don’t Stake Now You’ll Hate Yourself Later Being a hybrid Proof-of-Stake blockchain means that block rewards are paid out to all masternodes on a regular, pre-defined basis. With the recent amendments it’s not only much easier to become a masternode operator yourself, but also the yields tripled due to DeFiChain’s early stakeholders burning 156 Mil DFI worth US$ 0.5 Bil to increase decentralization and transparency. Burning 156 Mil DFI was nothing else than a gigantic demand shock, “unplugging” 7,800 masternodes from the network and decreasing the pool of people eligible to receive block rewards. In Figure 1 you can see that from the previous 15,700 masternodes holding a total of 314 Mil DFI coins, half “vanished overnight”, with just 7900 masternodes remaining active and securing the network (red part). On the other hand, though, the network is still emitting the same number of DFI coins roughly every 37 seconds (135 DFI per block). It’s simple maths: Assuming you have 10kg of food to distribute to people and unexpectedly just half of the previous crowd shows up, then those remaining people can eat double as much as they used to before. The same holds true for DFI, where fewer masternodes still receive the same amount of DFI coins, resulting in higher overall yields. This is also the reason why the APY skyrocketed to 100% APY in the days after the coin burn took place.Investing in DFI is as Risk Free as Holding Bitcoin If you are already a long term believer and investor in Bitcoin, then there isn’t really anything better for you than investing in DFI. Part of the reason is that DFI and Bitcoin almost perfectly correlate with a correlation coefficient ‘r’ close to +1, meaning that when Bitcoin goes up, DFI goes up as well and vice versa. In addition to the correlation, the exchange landscape also plays into the riskiness of an asset like DFI. If one exchange — in DeFiChain’s case the decentralized exchange (DEX), directly built into the Wallet App — encompasses the majority of liquidity with an “order book” so deep that an exchange of hundreds of thousand of US$ can’t even move the price by a few percent, then it acts like a rock in the surf protecting your hard earned money from becoming devalued over night by sudden outflows of capital, respectively huge sell orders. Just think about the DEX as a big cruise ship, where huge water tanks inside the ship keep it in balance at any time — also during bad weather when huge waves hit the bow of the ship. Consequently, with a liquidity buffer of US$ 300 Mil, the DEX can be compared to a supertanker dampening the negative price effect of huge sell orders and making your investment less prone to volatility and your returns virtually risk free. DeFiChain is a highly decentralized blockchain built for DeFi applications. As such, masternodes, wallets etc. have to be set up by the primary user. However, if you are still keen on achieving fabulous returns of around 100% APY and don’t want to educate yourself first, then we would suggest trying out our exclusive staking partners instead — Cake DeFi’s Staking service Originally published at on April 28, 2021.

Upside & Risks of an Investment in DeFiChain (DFI)

DeFiChain was the best performing new blockchain of 2020, and there is a strong case to be made that the value of the DFI Coin will continue to rise this year. But how much value growth potential does DeFiChain actually still have? And what are the risks associated with investing in DFI? We address these two fundamental questions in detail in this article. DeFiChain is a young crypto project that is less than a year old and has already taken the DeFi market on Bitcoin by storm. Since the summer of 2020, the DFI Coin — the native coin of DeFiChain — has already increased more than thirtyfold and many are now wondering if it can go even higher. In the following article, we will discuss the price potential and risks of investing in DFI. For this purpose, we will first take a closer look at the past performance of DFI before moving on to a realistic and potential future development. When it comes to the risks of investing in DFI, we will take a close look at the four main risks. Let’s start with the upside potential of an investment in DeFiChain — how much can still be earned from an investment? For this, we take a closer look at:Why & When the DFI Coin’s first sharp increase took placeWhy & When the DFI Coin could continue to appreciate much furtherWhat is a realistic and potential long-term price of the DFI Coin?How does DeFiChain compare to other alternative cryptocurrencies?Why & When the DFI Coin’s first sharp increase took place DeFiChain launched on the day of bitcoin halving on May 11, 2020. For a coin that has only been around since May 11, 2020 — the day of the Bitcoin halving — the price was relatively flat in the first few months after launch, with small ups and downs. It was only with the introduction of the first functional product — a fully decentralized exchange with the possibility of liquidity mining — in early December that the price started to rise rapidly. The price rose from around $0.45 USD on 09 December 2020 to $2.2 USD on 09 January 2021 in just one month. The rest of the crypto market was also starting to pick up momentum at this time, but DeFiChain performed the best among all new blockchains launched in 2020 and was also able to outperform Bitcoin itself, definitely due to the successful launch of its first product — the decentralized exchange (DEX).Why & When the DFI Coin could continue to appreciate much further The successful launch of the decentralized exchange is far from the last product DeFiChain will bring to market. Already in the foreseeable future and still in the second quarter of 2021, atomic swaps with Bitcoin will be possible for the first time. This means that it will be possible to transfer Bitcoin to and from the decentralized exchange, for example to a central exchange or your hardwallet, in a completely decentralized way and without trust or permission. In the third quarter of 2021, there will be a true sensation: the launch of the first fully decentralized tradable synthetic shares! This will make it possible to buy, sell, or for example, leverage shares just like you are used to with centralized services, but without having to trust a third party or ask for permission. With another use case as valuable as this, it’s not unlikely that the DFI price could rise again, as it did after the last launch. How far? Of course, no one can tell you exactly, but we’ll give you an assessment below.What is a realistic and potential long-term price of the DFI Coin? As described above, one of DeFiChain’s biggest new use cases will be decentralized trading of stocks, adding to the existing functionality of decentralized trading of cryptocurrencies. And this new functionality should not be underestimated, as the value of all stocks traded on stock exchanges in 2019 was worth $95.2 trillion U.S. dollars. If DeFiChain can capture even a tiny fraction of this market, a mere 0.01% capture would already be worth nearly $100 billion USD. And compared to the many competing traditional trading platforms, DeFiChain has an exciting unique selling point: It offers a completely decentralized marketplace where you do not have to ask for permission or trust. The private keys to your wallet put you in sole control. So, considering this enormous potential, even a price of $250 USD and more per coin doesn’t seem so unrealistic anymore in the long run (Which would currently correspond to an approximate market capitalization of $100 billion USD). The $50 USD mark per coin also already seems very realistic in the short and medium term — but more on that in the next question.How does DeFiChain compare to other alternative cryptocurrencies? One important point to consider is: In any market apart from currently crypto, the value of different investment opportunities is widely spread. This can be seen in the example of stocks: as mentioned above, they were worth $95.2 trillion as of 2019, but the highest-valued company at the time, Apple, had a market value of “only” just over $1 trillion — just over 1% of the total market. In the relatively young crypto market, on the other hand, things are still quite different: Here, Bitcoin currently accounts for more than half of the total market with a dominance of over 50%. If you look at the ratio in other markets, this dominance will probably decrease significantly in the long term. So it would seem reasonable to assume that alternative cryptocurrencies will be a lucrative investment opportunity for years to come. The difficulty, however, is of course picking the right crypto investments. Furthermore, if you compare DeFiChain to many other alternative cryptocurrencies, it already offers more functionality and utility than most of the other alternative cryptocurrencies now and especially later this year with the launch of decentralized stocks. And yet DeFiChain is currently not even among the top 50 cryptocurrencies: Others, such as Chainlink, Polkadot, and Cardano, already have market capitalizations 10, 20, and even 30 times higher than DeFiChain. Thus, it could be that DeFiChain is still relatively undervalued and still has enormous upside potential, especially now and with an imminent launch of further groundbreaking product launches. As with any other investment, there are some risks that could lead to a partial or complete loss of capital when investing in the DFI Coin. In total, there are four main risks, which we will explain in more detail below:A critical error in the programming (bug in the code)A manipulation of the blocks (centralization)The platform risk (How & Where you hold your coins)High volatility (combined with high liquidity)Risk: A critical error in the programming Every one of us has experienced it: you use an app or website and somehow something just doesn’t work the way it’s supposed to. This can be a specific action that causes a crash, or completely harmless things like a small display error. The fact that such errors, also called “bugs”, occur from time to time is completely normal for any project — large or small. Over time, the code is then optimized and occurring bugs are eliminated. It becomes critical when such a bug damages sensitive data, or in the case of blockchains when devaluation of the underlying cryptocurrency becomes possible. Devaluation would take place, for example, if somehow a so-called “double spend” could be executed, i.e., a double output. Potential bugs can be a risk with any blockchain, whether DeFiChain, Bitcoin, Ethereum or any other cryptocurrency. This risk can be minimized by making the entire blockchain code open-source, so publicly accessible. This allows anyone, without exception, to check the code themselves, track down potential errors and then eliminate them. DeFiChain is — just like Bitcoin — completely open-source. And this is where it gets particularly interesting: Since Bitcoin is by far the oldest and most tested blockchain of all, it is probably also the safest in terms of any programming errors and risks. And since DeFiChain is a fork of Bitcoin, so built on Bitcoin’s code, DeFiChain also offers exactly this secure foundation of the proven Bitcoin code. Overall, it can be said that a possible risk of a critical error in the programming could well exist — but is negligible compared to many other projects, since DeFiChain is built on Bitcoin itself.Risk: A manipulation of the blocks One risk that is generally present in every blockchain is the risk of malicious manipulation of the blocks. Since blockchains work democratically according to the 51% principle — meaning that the majority has the right to decide and thus determines what is entered in the blocks and what is not — a malicious attacker could try to gain 51% of the computing power (hash rate) and thus manipulate the blocks in his favor. Practically, the successful implementation of such an attack is almost impossible with a truly decentralized blockchain like Bitcoin or DeFiChain. There are simply too many full nodes (i.e. “block validators”) in the DeFiChain network, which makes such an attack almost impossible. In this independent dashboard you can see the distribution of DeFiChain full nodes worldwide — as you can see, a 51% attack is practically impossible. To further strengthen the security of DeFiChain, the community also regularly performs a so-called “Bitcoin Anchoring” — i.e. an anchoring of the DeFi Blockchain into the Bitcoin Blockchain. This means that even with the risk of manipulation of the blocks — just as with the risk of a bug in the code — DeFiChain benefits from the high security of the Bitcoin blockchain itself.Risk: The platform on which you hold your coins As with any investment in general, you are also exposed to a platform risk when investing in DeFiChain. Overall, however, it can be said that you have a comparatively lower risk here, simply because you have more options available than with a traditional investment. Instead of having to trust a central platform, you also have the option to hold your investment in your own hands. What matters is how/where your private key (the password to your cryptocurrencies, so to speak) is stored. There are two main options here:On a centralized platform, such as a traditional exchange or also a company like Cake DeFi, which offers various financial services in the field of cryptocurrencies — including the staking of the DFI Coin for returns of currently over 90% per year. Here, your Private Key is held for you by the respective company.A completely decentralized storage, for example on the DeFi Wallet developed by DeFiChain. This also offers decentralized trading, liquidity mining, or — if you can deposit at least 20,000 DFI as collateral — also staking of the DFI Coins for currently over 90% per year. Here you are the only one in possession of your private key and therefore do not have to trust any central platform. On the other hand, you are also solely responsible for the safekeeping of your private key. Keeping your private key yourself is technically more complicated and a big responsibility. For beginners, the use of a centralized platform is therefore recommended for the first time. If you have already gained some experience, it is also a good idea to slowly approach decentralized storage options.Risk: High volatility due to speculation (& high liquidity) The fourth and final risk is the high volatility of the DFI Coin, but this is also a reality with most other cryptocurrencies. Even in the case of the largest cryptocurrency by far — Bitcoin — volatility in the range of 20–30% up and down is nothing out of the ordinary. This is remarkable given that Bitcoin has a market capitalization of more than $1.1 trillion, and the eighth largest market capitalization among all assets (see figure). This still relatively high volatility can be explained by the fact that Bitcoin — just like DeFiChain, or any other cryptocurrency — is still a completely new and unknown asset class for most investors, and is therefore considered more speculative and risky than other investments. This is also the reason why many investors are only moderately convinced by cryptocurrencies and often sell their positions again without much hesitation precisely because of the fear of a potential “crash”. Due to the high liquidity of Bitcoin and DeFiChain, this can be done very easily and does not take more than a few minutes. However, the same is true the other way around: as soon as cryptocurrencies like Bitcoin or DeFiChain start to rise, euphoria often sets in and many investors buy this “new asset class with high potential”. A short-term volatility of 20–30% both downwards and upwards is therefore completely to be expected with DeFiChain, and can represent a risk especially if you as an investor have to sell on a certain date, regardless of the short-term price development. However, if you invest for a longer term and have the freedom to choose when and if you want to sell or not, the short-term volatility is negligible — the only thing that counts in this case is the long-term direction. And as described in the beginning, it is to be expected that this will be quite positive. Considering the enormous upside potential and the relative risks, it certainly makes sense to invest part of your portfolio in the DFI Coin — especially if you are still looking for an investment that can rise very strongly. However, as always with investments, one should not put all of one’s capital into one thing, but diversify broadly. The DFI Coin is perfectly suited to build up a small position that can become a “home run” — i.e. bring an incredibly high return — or, as explained in the risks, lose its value in the worst case. If you are now wondering how and where to invest in DFI Coin, here is a guide on how to invest in DFI. Originally published at on April 24, 2021.

Pink Paper — Part II

Pink Paper — Part II In this five minute reading article, you’ll learn about: The first part of the Pink Paper was about the governance structure; the second part, deals with the technical aspect of DeFiChain and addresses questions concerning future use cases like decentralized tokenization, atomic swaps, interchain exchange or price oracles, to name just a few. These concepts, which are outlined in this article, will be introduced gradually over the next few weeks. Figure 1 gives an overview about the upcoming product launches. Do note that the dates are estimates and may divert from the actual release dates.Atomic Swaps and Interchange Exchange We published a detailed article on this topic a few weeks ago. Therefore, in this section, we’d like to give a brief summary of the development of atomic swaps and the interchain exchange (ICX). The development of both new products on DeFiChain has been smooth; the ICX is on the final stretch. Both products are now in their testing phases whereby our developers will try to simulate possible threats and attacks in order to be able to roll out a product that is safe and secure. In the last step, we will put both products through an external security audit and will also encourage our community to put them through their paces.Oracles An oracle is a data source used to bridge a smart contract to an external source. As such, it not only communicates with external data sources, but it also verifies and authenticates that the data provided is accurate. In a decentralized, closed blockchain ecosystem, smart contracts are only able to access and process data that is produced in their own network. In order to be able to communicate with the outside world, oracles are needed to use non-deterministic data from real world events to translate into deterministic data readable by smart contracts. As a result, oracles are required for various DeFi applications such as decentralized loans, decentralized futures and decentralized options. At DeFiChain these oracles are appointed by operators and each operator can appoint multiple oracles for the same price feed. The oracles will primarily focus on providing accurate price feeds from outside the DeFiChain ecosystem. Oracle support is largely complete and will most likely be available with the next update.Decentralized Loan & Tokenization Decentralized lending platforms use a form of borrowing called collateralized borrowing. DeFiChain’s loan contracts are also designed to allow the owner of the contract to take a loan against collateral, which is locked in the contract. Each loan contract is unique to every owner (address) on DeFiChain, and any user can open a loan contract on DeFiChain — free of charge. Due to the volatile nature of cryptocurrencies, these loan contracts are over-collateralized, meaning that you have to provide more value (in the form of DFI and other supported tokens) into the contract than you would borrowfrom. DeFiChain will use operator-run decentralized loans to issue decentrally-issued price-tracking tokens such as BTC. These tokens will be issued by the operators, who can also set the following parameters:Collateralization ratioLiquidation penaltyInterest rates Interest rates play a vital role in decentralized loans. The loan tokens will be supported by the ICX and can be atomically swapped with Bitcoin, bringing native DeFi to Bitcoin. Furthermore, loan tokens can also be listed on DeFiChain’s DEX.Futures Decentralized futures are the backbone of any asset tokenization like stocks, currencies and commodity transactions on the DeFiChain blockchain. A futures contract is simply an agreement between two parties to sell or buy an asset at a fixed price at a predetermined ‘future’ date. When the contract is due, both parties have to fulfil their obligations regardless of the price at contract maturity. In the crypto space, it is also possible that a futures contract does not have a predetermined expiration date. These types of futures contracts are called perpetual futures contracts (or sometimes just perpetual contracts). DeFiChain will support both types of future contracts — fixed and perpetual futures contracts. This would then, in theory, make it possible to go ‘long’ on Tesla or ‘short’ on the USD/DFI currency pair, either with a preset expiration date or an open expiration date (perpetual future contracts). Fixed expiry futures, as the name implies, expire at the settlement time. Perpetual futures, on the other hand, don’t expire per se and allow the user to close them at any point in time. Yet a so-called ‘funding rate’ will be used to periodically track the price of the token. More details on how it works on a technical level can be found in our Github repository. Whenever someone buys a Tesla stock or sells gold via the DeFiChain app, the decentralized futures contracts are working in the background to ensure the order is processed correctly. The price feeds necessary are provided with pricing oracles in order to allow the token to track the price of the respective real-world asset. The Futures contracts are funded and backed by DFI or any other token(s) that the operators decide to use. These tokens then need to be transferred into a margin contract to allow the trader to fund their future trading position. Most importantly, the Futures on DeFiChain are overcollateralized, in a sense that you always have to have enough money in your margin contract to support your position. If a trader gets a margin call and doesn’t comply with it by topping up his margin account, then his or her position(s) will get liquidated. How a possible liquidation will be executed is still undecided, though it’ll either be automated, operator-run or community-run with an incentive.Options Besides Futures, Options are another commonly used financial derivative which will be introduced on DeFiChain. Instead of doing it in an order-book-based way, DeFiChain is breaking new ground here by introducing the very first AMM-style Options. Consequently, an automated option writer with an option writer pool, similar to liquidity pools already in use on the DEX, will be natively built into the DeFiChain wallet app. Unlike the liquidity pools on the DEX or ICX, traders will only have to provide one side of the pool. As a result, you only have to provide a single token — i.e. DFI, BTC, ETH, etc. — to participate in the automated options pool. The final design of these options is still to be decided on, yet the path DeFiChain wants to take here is to offer traditional USD denominated CALL and PUT options. The option buyers can purchase these options directly from pools with a maximum expiration date of thirty days. The pricing will be done automatically, which means that a lot of interesting arbitrage opportunities will unfold. DeFiChain is also looking into sweepstake options and paired option pools to even further complement its option offering.NFTs A non-fungible token (NFT) is a type of cryptographic token that represents a unique asset and functions as verifiable proofs of authenticity and ownership within a blockchain network. Unlike Fiat (or traditional money), NFTs are not interchangeable with one another, thereby introducing a level of scarcity and rarity to the digital world. DeFiChain also wants to be part of this new and interesting field and even though NFTs aren’t strictly speaking financial assets, we are exploring several avenues to bring them into the DeFiChain ecosystem as well. If the DFIP#10 proposal were to be successfully agreed upon, then NFTs on DeFiChain would be integrated as native NFTs — similar to native DeFi. Developers would then not only be confronted with a totally new surrounding in which they don’t have to worry so much about attack surface vectors, but they will also be presented with an array of new integration possibilities due to the Jellyfish JS Library.Summary The second part of the Pink Paper focuses on the various technical questions concerning future use cases like atomic swaps, interchain exchange and oracles to just name a few. These concepts will be introduced over the course of the next few weeks (see Figure 1). Do also keep in mind that the Pink Paper is a live paper and subject to constant change as specifications are added. The most up-to-date version of the Pink Paper can be found on GitHub. To stay up-to-date with the current numbers, we kindly suggest checking out our live Pink Paper on GitHub. To keep up-to-date with the latest information and news, feel free to follow us on Twitter or join our Telegram group. Originally published at on April 20, 2021.

Relazione sulla trasparenza Q1 2021

Al fine di dare alla nostra comunità e ai nostri partner piena trasparenza su ciò che sta accadendo davanti e anche dietro le quinte di DeFiChain, vorremmo pubblicare il nostro rapporto trimestrale del consiglio. Si prega di notare che questa è una traduzione — la versione originale inglese può essere trovata qui. Per ulteriori informazioni, visitare: https://www.defichain.comVideo del rapporto sulla trasparenza del quarto trimestre: Unisciti a noi LIVE su Remo domani per una discussione interattiva del Q1 Transparency Report il 17 aprile 2021 alle 14:00 CET (ora italiana). Evento Remo Una registrazione della sessione dal vivo sarà incorporata qui sotto non appena sarà pronta. Speriamo che apprezziate gli approfondimenti! Grazie per il vostro sostegno e buona lettura! :)1. FINANZARevisione dell’ultimo trimestre Fondi della fondazione: = 273,714M DFI Parte di questi fondi sono stati utilizzati per aumentare le ricompense del mining della liquidità, che è stato approvato dai masternodes.Fondo di sviluppo comunitario: = 12.6M DFI ● DeFiChain è stata sviluppata senza alcun finanziamento esterno e DeFiChain non ha pagato nessuno per il suo sviluppo. ● Il costo annuale di DeFiChain Foundation è di circa 5.000 USD e include il costo di base delle tasse per il sito web, le tasse di contabilità, le tasse di dominio, i servizi di posta elettronica, ecc.Anteprima del prossimo trimestre ● C’è un voto per “bruciare” tutti i DFI che la fondazione possiede: ● Se il burn ha successo, la fondazione dovrebbe ingaggiare uno studio legale che funge da unico membro e agisce esclusivamente per i masternodes.Guardando oltre ● I mercati delle criptovalute dipendono molto dal sentimento generale intorno al Bitcoin e dai mercati finanziari in generale. Questo può portare sfide imprevedibili alla redditività a lungo termine del progetto.2. RICERCA E INGEGNERIA BLOCKCHAINRevisione dell’ultimo trimestre ● Aggiornamento di Clarke Quay ○ Ricompense personalizzate per i pool di liquidità. Questo permette ai pool di liquidità di pagare le loro ricompense da un indirizzo DeFiChain personalizzato definito, questo è stato aggiunto principalmente per estendere la tempistica delle ricompense per i pool di liquidità. ● Aggiornamento di Dakota ○ Abbassamento del collaterale del masternode. Il collaterale richiesto per gestire un masternode è stato abbassato da 1.000.000 DFI a 20.000 DFI, questo ha richiesto un cambio di consenso. ○ Rifacimento dell’ancoraggio. Il sistema di ancoraggio è stato completamente riscritto, è più robusto e la comunità sta attivamente ancorando e ricevendo ricompense da quando è stato rilasciato. ○ Correzioni alla stabilità e alla protezione dello swap dei prezzi. Con la crescita della comunità e l’aumento sostanziale dell’attività della blockchain, abbiamo affrontato alcuni problemi iniziali. Questo ci ha permesso di risolvere alcuni problemi e introdurre alcune correzioni. In particolare, una delle principali correzioni è stata la correzione della protezione del prezzo per gli swap DEX quando il pool ha bassa liquidità. ● Pink Paper. Illustra i miglioramenti, i prodotti e i meccanismi che saranno realizzati da DeFiChain nei prossimi mesi, coprendo la governance, il prestito decentralizzato, future, le opzioni, ecc.Anteprima del prossimo trimestre ● Interchain Exchange & Atomic Swap. Una caratteristica molto attesa, nel Q2 abbiamo in programma di rilasciare il nostro Interchain Exchange, permettendoti di scambiare qualsiasi asset su DeFiChain con BTC sulla blockchain Bitcoin, e viceversa. ● Oracoli dei prezzi. L’oracoli dei prezzi permette a DeFiChain di ottenere i feed di prezzo degli asset del mondo reale, aprendo la strada a prestiti collateralizzati, future e altri meccanismi che richiedono il prezzo di mercato reale dell’asset, libero da rischi di manipolazione DeFi. ● Governance On-chain. Questo ci permetterà di automatizzare il processo di votare e accettare o rifiutare i DFIP (DeFiChain Improvement Proposals). I masternodes saranno in grado di votare sui DFIP. ● Future. Questo aprirà la strada all’introduzione di azioni decentralizzate che saranno rese disponibili su DeFiChain. ● Aggiornamenti dei tassi di emissione. Nuovi aggiornamenti dei tassi di emissione, supponendo che il DFIP relativo sia approvato.Guardando oltre ● Alcune delle cose che non vediamo l’ora di fare: ○ Scambio Interchain. Questo permetterà al valore di fluire facilmente dentro e fuori DeFiChain senza dover passare attraverso uno scambio centralizzato. ● Molti progetti comunitari sono nati in questo trimestre, e la comunità DeFiChain e l’ecosistema degli sviluppatori stanno crescendo. ● Azioni, trading Materie prime tramite Future!3. L’APP DEFIRevisione dell’ultimo trimestre ● Miglioramenti alla stabilità e correzioni di bug. Uno dei principali obiettivi del Q1 per la Desktop-Wallet è stato quello di migliorare la stabilità e risolvere tutti i bug. Molti problemi sia piccoli che grandi sono stati risolti nel corso dei 3 mesi. In particolare, abbiamo affrontato errori regolari quando gli utenti hanno tentato di scambiare o utilizzare il DEX, che alla fine abbiamo rintracciato ed eliminato. ● Download di Snapshot. L’app ora permette agli utenti di scaricare uno snapshot da un server centralizzato. Anche se questo si basa su un server centralizzato, accelera il processo di download e offre un comodo meccanismo di recupero se l’utente incontra qualche problema. ● Esportazione CSV. L’applicazione ora permette agli utenti di esportare la loro storia delle transazioni in forma CSV. Questo può essere utile per scopi fiscali. ● Jellyfish JS Library iniziata. L’implementazione della libreria JavaScript Jellyfish è iniziata. Questa libreria getterà le basi per qualsiasi applicazione frontend che intende interagire con DeFiChain, incluso il portafoglio light (maggiori informazioni di seguito). ● Aggiunta di pool di liquidità per Litecoin, Bitcoin Cash e Doge. L’interfaccia e le icone sono state aggiornate per supportare i nuovi pool di liquidità aggiunte per Litecoin, Bitcoin Cash e Doge. ● Crittografia del portafoglio. L’app permette ora di criptare il database del portafoglio blockchain sottostante, aumentando la sicurezza e la tranquillità. ● Gestione dei masternode. L’app permette ora agli utenti di visualizzare le informazioni sui masternode in esecuzione e di creare il proprio masternode a condizione di avere sufficienti garanzie.Anteprima del prossimo trimestre ● Portafoglio light. Abbiamo scoperto che l’esecuzione di un nodo completo su PC consumer non è una soluzione adeguata per l’adozione di massa di DeFiChain, per affrontare questo nel Q2 abbiamo intenzione di rilasciare un portafoglio leggero, che si basa su un nodo esterno ospitato su un server pubblico. ● Miglioramenti alla stabilità e correzioni di bug. Anche se molti bug sono stati risolti nel trimestre precedente, ci sono ancora problemi minori che gli utenti stanno affrontando, e continueremo a risolverli. ● Rifattorizzazione dell’UX della vista della transazione unica, del Bitcoin SPV e dello scambio interchain. Abbiamo iniziato a lavorare su un importante rifacimento dell’interfaccia utente, che includerà una vista consolidata delle transazioni, la possibilità di transare sulla blockchain Bitcoin e un’interfaccia front end al sistema di scambio interchain. ● Separazione di DFI. Come risultato dei test e del feedback degli utenti, abbiamo deciso di separare i componenti UTXO e Account sull’interfaccia e fornire un modo per gli utenti di convertire facilmente tra i due.Guardando oltre ● Portafoglio light. Il portafoglio leggero aprirà il sistema DeFiChain a molti più utenti che girano su un hardware meno avanzato o semplicemente non desiderano eseguire un nodo completo sulla loro macchina. ● Supporto del portafoglio desktop solo per il mining. Oltre all’implementazione del portafoglio leggero, stiamo considerando — non appena il portafoglio leggero lo permetterà — di supportare l’intera gamma di funzionalità del portafoglio desktop. Inoltre, vogliamo limitare il portafoglio desktop alla funzionalità di mining e lasciare il supporto di altre funzioni al portafoglio leggero. ● Jellyfish JS library ed ecosistema di app. L’introduzione di un insieme ben documentato e stabile di librerie e API dovrebbe servire a far crescere pesantemente la comunità di sviluppatori e l’ecosistema. ● Negoziazione di future. Trading di future da fare direttamente sull’applicazione stessa.4. WEB ED ESPLORATORIRevisione dell’ultimo trimestre ● Espansione della roadmap su a 3, 5 e 10 anni e oltre ● Pulsante Compra DFI in ogni pagina di che apre una lista di scambi, per permettere agli utenti di comprare rapidamente DFI ● Pagina di bug bounty con classificaAnteprima del prossimo trimestre ● Migliorato l’explorer che traccia le monete e i gettoni DFI e altri gettoni, compresi la quantità di burn e i tassi di emissione. ● Sito compagno di governance che facilita la discussione e il monitoraggio delle proposte di governance future e passate — DFIPs e CFPs. ● Interchain exchange explorer che mostra e visualizza gli swap e i registri degli ordini di ICX.Guardando oltre ● La comunità ha costruito molti explorer e visualizzazioni interessanti e dovrebbero esserci ancora di più provenienti anche dalla comunità.5. PROPOSTE DEL FONDO DI SVILUPPO COMUNITARIO (CDF dall’inglese COMMUNITY DEVELOPMENT FUND)Revisione dell’ultimo trimestre ● Il CDF può essere rintracciato sul block explorer pubblico all’indirizzo dZcHjYhKtEM88TtZLjp314H2xZjkztXtRc. ● I dettagli sul fondo di sviluppo comunitario possono essere letti qui: ● La comunità DeFiChain ha votato il primo CDFP e la Fondazione DeFiChain ha implementato e finanziato la prima proposta di sviluppo comunitario (Dashboard: ● DeFiChain Foundation ha iniziato 4 nuovi DFIP (DeFiChain Improvement Proposals nel gennaio 2021 tutti approvati dalla Comunità) ● Inviato un sondaggio Slido con una lista di desideri alla comunità ● Oltre a questo, la DeFiChain Foundation non ha finanziato alcun progetto esterno, poiché la blockchain stessa è stata sviluppata nel corso dell’ultimo anno. Progetti della Comunità DeFiChain Wiki: CDFP #6 ► Sito web: GitHub: Telegram: (@RobinTorque @LeonMethner) Twitter: @RobinTorqueDeFi @DrSonderbar DeFiChain spiegato: CDFP #2 Sito web: GitHub: Telegram: (@JonathanSabater @Santiago_Sabater) Twitter: Santiago__Sa Portafoglio smart DeFiChain: CDFP #4 GitHub: Telegram: Twitter: @dpfaffenbauer & @p3root Portafoglio DeFiChain CDFP #3 ► Sito web: GitHub: Telegram: Twitter: @danielkolibri & @ArthurEisener DeFiChain-Entrate CDFP #5 ► Sito web: GitHub: ► Telegram: (@ishelkovenkov) Twitter: @IgorShelkovenk1 DeFiChain-Analytics CDFP #1 ► Sito web: GitHub: Telegram: @DanielZirkel Twitter: @DanielZirkel Incentivi DeFiChain per i moderatori CDFP #7 ► Sito web: GitHub: CFP7: Telegram: Elenco di tutti i moderatori attivi @pho — Moderatore (Phoenix) @DanielZirkel — Moderatore (Daniel Zirkel) @berndmack — Moderatore (Bernd) @Yannick1712 — Moderatore (Yannik) @DanielHie — Moderatore (Daniel Mustermann) @LeonMethner — Moderatore (Leon) @ToDesireCrypto — Moderatore (Dave) @Stonygan — Moderatore (Andy L.)Anteprima del prossimo trimestre ● DeFiChain Foundation è APERTA a ricevere proposte della comunità che siano allineate con gli obiettivi di DeFiChain per essere supportate dal fondo di sviluppo della comunità. Si prega di presentare proposte su Reddit: ● I progetti che potrebbero essere aperti alla considerazione dei fondi per lo sviluppo della comunità possono spaziare dall’ingegneria (ad esempio lo sviluppo di strumenti open source per DeFiChain), al marketing (video di YouTube, blog), e altro ancora, a patto che portino benefici a DeFiChain e aggiungano valori a DeFiChain. ● In futuro le proposte saranno votate dal voto del masternode. ● Implementazione della governance on-chain per il prossimo ciclo di voto ● Attuazione di tre nuovi DFIP (se approvati)Guardando oltre ● Trovare progetti di qualità che valga la pena finanziare.6. COMUNITÀRevisione dell’ultimo trimestre ● Anche se è difficile da definire esattamente, stimiamo circa 25.000 titolari di DFI su diversi scambi, piattaforme di picchettamento e con le proprie chiavi private. ● Nominare più Moderatori Volontari della Comunità in Telegram (Totale 8) ● Diverse comunità di telegrammi indipendenti: ○ Francese: ○ Italiano: ○ Spagnolo: ○ Svizzera: ○ DeFiChain Masternode Inglese: ○ DeFiChain Masternode tedesco: ○ Gruppo DFI-Meme dedicato: ○ Gruppo Vision & Mission: ○ E molti altri ● Bitcointalk ( ● La comunità Wiki ( ● Una grande parte della discussione che circonda DeFiChain si è spostata su Reddit ( e GitHub ( ● Migliorare i nostri bot in Telegram per contrastare lo spam e i bot ● Implementazione di comandi bot e risposte automatiche in Telegram ● Ascesa di un “esercito” indipendente di social media chiamato DeFighters: ● Incontri multipli della comunità DeFiChain con più di 100 partecipanti ● Abbiamo trovato/concordato un nuovo Hashtag: #NativeDeFi ● Questo è il primo trimestre in cui tracciamo i nostri canali comunitari: ○ Twitter: Q1: 15.600 seguaci — Fine Q1: 24.400 seguaci — crescita del 56,4%) ○ Medium/Blog: (Inizio Q1: 316 Followers — Fine Q1: 626 Followers -98.1% crescita) ○ Facebook: (Inizio Q1: 591 follower — Fine Q1: 1270 follower — 114,8% di crescita) ○ YouTube: (Inizio Q1: 1410 follower — Fine Q1: 2900 follower — crescita del 105,6%) ○ LinkedIn: (Inizio Q1: 239 follower — Fine Q1: 610 follower — 155,2% di crescita) ○ Reddit: (Inizio Q1: 395 follower — Fine Q1: 1300 follower -229,1% crescita) ○ Telegramma: ○ (Inizio Q1: 12.600 follower — Fine Q1: 13.000 follower — crescita del 3,1%) ● Più progetti comunitari completamente indipendenti: ○ Dashboard: ○ Wiki: ○ Apprendimento: ○ Portafoglio DeFi: ○ App mobile: ○ Dashboard di reddito: ○ Masternodes: ○ e molti altri!Anteprima del prossimo trimestre ● L’obiettivo principale è quello di far crescere la nostra base di titolari DFI fino a oltre 50.000 titolari DFI. ● Inoltre, per far crescere tutti i nostri canali di social media ● Spostare più discussioni e domande su DeFiChain da Telegram a Reddit e GitHub ● Sarà importante avere l’aiuto della comunità e diffondere la parola soprattutto su Twitter ● Decentrare la discussione e le domande in gruppi e comunità più indipendenti in molte più lingue ● Avvio della governance on-chain per le future votazioni per i DFIP e i CDFPGuardando oltre ● Non appena diventeremo più grandi, la comunità DeFiChain sarà attaccata da altre comunità DeFi — dobbiamo essere preparati a questo. ● Forte concorrenza con altre blockchain Turing complete. ● Superare Uniswap come il più grande DEX (solo il 30% di crescita in più per essere il più grande DEX del settore)7. SVILUPPO DEL BUSINESS E PARTNERSHIPRevisione dell’ultimo trimestre ● DFI quotato nella borsa KuCoin di primo livello ● Gettone DFI (ERC-20) quotato su Uniswap ● DFI (ERC-20) token supportato da BitGo — il più grande servizio istituzionale di custodia di asset digitali in crypto ● Inserito nel database di con profilo dettagliato, aggiunto alla lista ufficiale di Defi Assets, ● Trasparenza certificata verificata da Messari, e partner di Messari Registry ● Inserito nella sezione DeFi di CoinMarketCap ● TVL di DEX aggiunto al profilo CoinMarketCap ● Volume di trading organico su DEX con una media di $4M USD/giorno ● Integrato nuovo esploratore di blocchi (indipendente) con ChainID — un sito che fornisce esploratori di blockchain per oltre 200 monete ● DeFiChain DEX approvato per la quotazione nella sezione Yield Farming di CoinMarketCap e nella lista DEX — in attesa dell’integrazione degli sviluppatori di CoinMarketCap ● CoinMarketCap Top 200: ammissibilità rivista di nuovo — più scambi e volume richiestiAnteprima del prossimo trimestre ● Aumentare la base geografica degli utenti, specialmente nei mercati di lingua cinese (per aumentare l’adozione e il volume degli scambi nelle borse) ● Continuare a lavorare sulla quotazione su più borse di primo livello ● Condurre un nuovo controllo sulla funzionalità di scambio atomico di Bitcoin ● Fai in modo che le coppie di scambio e il volume di DeFiChain DEX siano inclusi nei siti di quotazione ● Continuare a lavorare per essere incluso nella classifica Top 200 su CoinMarketCap ● Continuare la conversazione con CoinGecko sulla verifica dell’offerta circolante ● Portare più partner per l’approvazione e gli effetti di reteGuardando oltre ● La quotazione in borsa di primo livello è una priorità assoluta ● I più grandi siti di quotazione DeFi sono ancora solo basati su ETH e spingono indietro sulla quotazione DeFiChain (anche i progetti BSC più grandi di Uniswap sono esclusi)8. COMUNICAZIONI E RELAZIONI CON LA STAMPARevisione dell’ultimo trimestre ● Assicurato la copertura mediatica ERC-20 DFI su: ○ Crowdfund Insider, Crypto News BTC, Crypto Pop, Fresco Finance, BTC News Journal, Krypto Borsen, Cryptelicious, e successivamente sindacato su News Break e Traders Zone. ● Assicurato la copertura mediatica sul lancio di Litecoin LM sul DEX di DeFiChain con: ○ Morning Tick, Crypto Gazette, ZyCrypto, NullTX, Coinspeaker, Cryptoexbulletin, Becoinnews, CryptoMode, Coingenius e altri. ■ La media totale di pagine viste per gli articoli ha raggiunto circa 250.000 (comprese le pubblicazioni in syndication qui sotto). ○ Il contenuto è stato successivamente sindacato da altri media, tra cui: Altnewscoin, Cryptotheory, News Break, BlockModo, ADVFN, Bitcoin Insight e altri. ● Assicurato la copertura mediatica intorno alla quotazione di KuCoin su DFI: ○ Yahoo Finance, CoinSpeaker, Crypto Gazette, Coin Codex, Crypto Hopper, AIthority, CoinMarketCap, ZephyrNet, ZyCrypto, Crypto New Media e altri. ○ Il contenuto è stato successivamente sindacato da altri media, tra cui: News Break, Daily Advent, Cryptorank, Evnews 365, WFMZ, Coinpare, Coincheckup e altri. ○ Ha condotto un AMA (Ask Me Anything) dal vivo con KuCoin. ● Prestazioni del progetto e copertura mediatica generale con: ○ Daily HODL, Hackernoon, Crypto & Coffee Podcast, e Nairametrics.Anteprima del prossimo trimestre ● Identificare nuove opportunità di leadership di pensiero attraverso più canali, compresi i media tradizionali, i social media e gli eventi. ● Ampliare le revisioni di programmi, iniziative e progetti con i principali canali mediatici. ● Assicurarsi partnership con i media per creare contributi diretti con canali specificamente esplorati. ● Aumentare la copertura mediatica di qualità VS. puramente quantitativa, per garantire che ogni pezzo abbia un output o un risultato dedicato. ● Lanciare le attività del canale media in Cina, con nuove assunzioni nel team.Guardando oltre ● Continuare ad aumentare la consapevolezza del marchio costruendo fiducia, credibilità e patrocinio fornendo comunicazioni corrette, oneste e trasparenti alla comunità, agli influencer, ai key opinion leader (KOL) e ai media di riferimento ● Continuare a promuovere aggressivamente DeFiChain in modo efficiente ed efficace ● Continuare a competere efficacemente per lo share-of-voice attraverso i canali dei media e i portali di notizie con altre blockchain complete di Turing9. LEGGE E CONFORMITÀRevisione dell’ultimo trimestre ● Incentivazione dei partnership per lo stakingAnteprima del prossimo trimestre ● Garantire la crescita di forti casi d’uso del DFI, pur rimanendo all’interno dei quadri giuridiciGuardando oltre ● Incertezze generali intorno alla legge e alla conformità nello spazio crittograficoLINK E RISORSE Sito ufficiale: Whitepaper: Pink Paper: Blockexplorer: GitHub / Codice sorgente: Twitter: Media/Blog: Facebook: YouTube: LinkedIn: Reddit: Telegramm: Prezzo attuale DFI: Scheda informativa DFI: Risorse multimediali: Per richieste dei media, si prega di contattare: Richieste di lavoro: Lavoriamo con C++ e JavaScript e ci piacerebbe averti nel nostro team! Contattaci su


DeFiChain's DFI Token Starts Trading on the Gate Io Exchange

    [PRESS RELEASE - Singapore, Singapore, 26th September 2022] DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, today announces the listing of its DFI token on, one of the world’s leading cryptocurrency exchanges. This is a major step in DeFiChain’s mission to make DFI accessible to investors worldwide. is one of the world’s biggest exchanges and supports the most cryptocurrencies of any exchange. The DFI token (ERC-20 version) will start trading on at 10am UTC on September 26th. Initially, it will trade against USDT, though could bring a DFI-BTC pair as well in the near future. The native version of DFI will become available on the platform in late October. Buying the token on will enable users to transfer DFI to any compatible wallet the user wants. It gives users access to the entire DeFiChain ecosystem including decentralized stock tokens. The DFI token is also available for trading on Huobi, Kucoin, Bybit (ERC-20 format), Bittrex, Bitrue and Hotbit. Each additional listing makes it easier for investors to enter the world of native decentralized finance on DeFiChain. “We are extremely happy that the DFI token can now be traded on and more and more people are able to access the no. 1 DeFi blockchain on Bitcoin.” said Benjamin Rauch, VP Marketing DeFiChain Accelerator. The DFI token opens up the... read More

DeFiChain Adds New dTokens Corresponding to Disney, Intel, MicroStrategy...

    [PRESS RELEASE - Singapore, Singapore, 7th April 2022] The four new decentralized tokens will give users price exposure, not ownership, to the underlying stocks and ETFs without any restrictions. DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is thrilled to announce that it has added four new decentralized assets aka dTokens following a Ticker Voting by the community. In the DeFiChain ecosystem, the community decides which dTokens will be added next. The newly added dTokens are: dDIS - Walt Disney Co dMCHI - iShares MSCI China ETF dMSTR - MicroStrategy Incorporated dINTC - Intel Corporation DeFiChain users will now be able to mint and trade the above dTokens. These four assets received the most support from the community members. Other options they could vote on included Mastercard Inc, Nintendo Co LTD, PayPal Holdings Inc, Twitter Inc, Uber Technologies Inc, and more. The addition of new dTokens marks a major step towards enabling DeFi users to benefit from the price appreciation of traditional assets such as stocks, bonds, commodities, ETFs, etc. DeFiChain already offers dTokens corresponding to the S&P 500, Tesla, Apple, Alibaba, GameStop, Nasdaq 100, Nvidia, Amazon, Microsoft, Netflix, Meta, and many other stocks and ETFs. “DeFiChain is continuously expanding the dToken universe to give users a serious alternative to the traditional financial broker - all w... read More

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