DeFiChain - Announcements
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Announcements for DeFiChain.com
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πŸ“£ We’re excited to announce a significant enhancement to your Bake experience.

Our latest update makes it seamless for you to transfer your DFI and DUSD from DeFiChain (native) to the DeFi Metachain (DMC), allowing you to explore the expansive DeFi Metachain ecosystem. πŸ₯³
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πŸš€ The DeFiChain Weekly Update is Here!

Here’s what’s been happening in the DeFiChain ecosystem this week:

βœ… Community Fund Diversification Special DFIP Progress
βœ… Upcoming Adjustments to Oracles and Pool Rewards
βœ… DeFiChain 4.0.9 Release Highlights
βœ… Join the Ongoing Community Rewards Campaign 3.0
βœ… Ecosystem Updates
βœ… Recaps

All these are covered in our weekly update blog below πŸ‘‡
https://blog.defichain.com/weekly-update-special-dfip-oracles-pool-rewards-adjustments
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Exciting News! DeFiChain's native token $DFI is now officially listed on CoinDCX India! Dive into the future of finance today and explore new opportunities with $DFI.
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Join us for another exciting DeFiChain Community 𝕏 Space for a Project Spotlight! This time round, we take a deep-dive into @DexTradeTalk

πŸ—“οΈ Date: 22nd February
⏰ Time: 12:00 (CET) // 19:00 (SGT)

Set a reminder via the link below πŸ‘‡
https://twitter.com/i/spaces/1MYxNozXvmVKw
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Project Spotlight: Stably

Stably, a Seattle-based web3 infrastructure provider, aims to be the leading fiat onramp in the industry. By combining compliance, visionary leadership, and strategic partnerships, Stably unlocks new avenues for bridging traditional finance with blockchain's potential.
We recently sat down with Stably CEO, Kory Hoang, to learn more about his motivations and future plans, especially around the CFP they are going to file.

Find out more in the blog:
πŸ‘‰https://blog.defichain.com/project-spotlight-stably/
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πŸ—³οΈ Special DFIP Voting Is Now Live! πŸ—³οΈ

We're excited to remind all Masternode holders that a new special DFIP has just been filed, and your participation is vital in shaping the future of DeFiChain!

TL;DR:
To support the $DUSD peg, a dynamical "discount fee" is added to the stabilization fee. This fee kicks in when DUSD falls too low and makes selling unattractive, bringing the price back to ~$1 peg.

For more on this special DFIP, please visit: https://www.reddit.com/r/defiblockchain/s/Ppp1sJ4Jsl
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πŸš€ The DeFiChain Weekly Update is Here!

Here’s what’s been happening in the DeFiChain ecosystem this week:

βœ… DeFiChain Lands in India!
βœ… Tech Talk with Prasanna
βœ… New Special DFIP
βœ… Increased Visibility of DeFiChain Labs’ Development
βœ… DeFiChain Desktop Wallet Update
βœ… DeFiChain Labs’ First Meet-Up in Singapore
βœ… Ecosystem Updates
βœ… Recaps

All these are covered in our weekly update blog below πŸ‘‡
https://blog.defichain.com/weekly-update-dfi-listing-tech-talk-special-dfip
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⚠️ Reminder for Upcoming Walmart Stock Split:

Walmart has announced a stock split, and it's also being implemented on the DeFiChain dToken system. This means you'll see a 3x multiplier effect on the oracle price for Walmart as soon as the US stock market opens.

Stay informed and check out the oracle details at http://defiscan.live/oracles/WMT-USD.
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DeFiChain has established itself as a pioneering force in the decentralized finance (DeFi) landscape through its use of a unique blend of blockchain layers.

In this blog post, we'll delve into the intricacies of DeFiChain's ideological framework, comprising Layer 0, Layer 1, Layer 1.5, and Layer 2, and explore how these layers synergize to create a robust and versatile DeFi platform.

Read it here πŸ‘‡
https://blog.defichain.com/the-ideological-framework-of-defichain-how-it-unlocks-limitless-possibilities/
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πŸ“£ Dynamic DEX Stabilization Fees Now Live!

We can now announce that the Dynamic DEX Stabilization Fees feature is officially live in accordance with the recently passed Special DFIP.

Light Wallet Update: The Light Wallet has also been fully updated, and it fully supports the new stabilization fees. With this update, you also have the flexibility to set custom slippage up to 1000%.

For detailed insights into the framework and rationale behind these updates, we encourage our community to review the original proposal:
https://www.reddit.com/r/defiblockchain/comments/1auj0ne/dynamical_discount_dex_stabilization_fee/?share_id=PK-eP5Gbi4jonUIuLLDib&utm_content=2&utm_medium=ios_app&utm_name=ioscss&utm_source=share&utm_term=1
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