The Multichain Variants of $DFI: What You Need to Know
The blockchain landscape is evolving. Similar to how the Internet evolved from isolated networks into a seamless, interconnected ecosystem, blockchain is undergoing its own shift.
In this blog post, youโll learn about the multichain variants of $DFI, highlighting their unique characteristics and the seamless interoperability that allows users to transfer value across the DeFiChain ecosystem.
https://blog.defichain.com/the-multichain-variants-of-dfi-what-you-need-to-know/
The blockchain landscape is evolving. Similar to how the Internet evolved from isolated networks into a seamless, interconnected ecosystem, blockchain is undergoing its own shift.
In this blog post, youโll learn about the multichain variants of $DFI, highlighting their unique characteristics and the seamless interoperability that allows users to transfer value across the DeFiChain ecosystem.
https://blog.defichain.com/the-multichain-variants-of-dfi-what-you-need-to-know/
DeFiChain Blog
The Multichain Variants of $DFI: What You Need to Know
The blockchain landscape is evolving. Similar to how the Internet evolved from isolated networks into a seamless, interconnected ecosystem, blockchain is undergoing its own shift.
This transformation will make blockchain technology more approachable andโฆ
This transformation will make blockchain technology more approachable andโฆ
๐ The DeFiChain Weekly Update is Here!
Hereโs whatโs been happening in the DeFiChain ecosystem this week:
โ DeFiChain Labs' Engineering Sync Recap
โ "Connecting Two Worlds: Bitcoin & Ethereum" Blockchain Club
โ The Multichain Variants of $DFI
โ New Projects on Community Rewards Campaign
โ Ecosystem Updates
All these are covered in our weekly update blog below ๐
https://blog.defichain.com/weekly-update-engineering-sync-blockchain-club-and-more
Hereโs whatโs been happening in the DeFiChain ecosystem this week:
โ DeFiChain Labs' Engineering Sync Recap
โ "Connecting Two Worlds: Bitcoin & Ethereum" Blockchain Club
โ The Multichain Variants of $DFI
โ New Projects on Community Rewards Campaign
โ Ecosystem Updates
All these are covered in our weekly update blog below ๐
https://blog.defichain.com/weekly-update-engineering-sync-blockchain-club-and-more
๐ข The final round of the Community Rewards 3.0 is here!
Your final chance to claim free OATs (NFTs) and the chance to win a share of 4,000 $DFI!
Complete as many tasks as you can on the DeFiChain Galxe page below to rack up as many points as possible, and be sure to submit your wallet address on the final task to be in with a chance to win some $DFI.
Take part via the link below๐
https://galxe.com/defichain/campaign/GCeoKttFuP
Your final chance to claim free OATs (NFTs) and the chance to win a share of 4,000 $DFI!
Complete as many tasks as you can on the DeFiChain Galxe page below to rack up as many points as possible, and be sure to submit your wallet address on the final task to be in with a chance to win some $DFI.
Take part via the link below
https://galxe.com/defichain/campaign/GCeoKttFuP
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galxe.com
Community Rewards 3.0 by DeFiChain | Galxe
Join Community Rewards 3.0 from DeFiChain on Galxe โ Your Web3 Community is Waiting. Earn rewards to build your Web3 digital identity.
Empower DeFiChain: Follow the Creator channel!
Tomorrow Lord Mark and DZ present another episode of the News Show with information about DeFiChain and DFI. ๐
https://www.youtube.com/watch?v=yCyHQeI-5eg
Tomorrow Lord Mark and DZ present another episode of the News Show with information about DeFiChain and DFI. ๐
https://www.youtube.com/watch?v=yCyHQeI-5eg
YouTube
Empower DeFiChain: Follow the Creator channel!
There is a new initiative to support DeFiChain Content Creator and thus indirectly do marketing for DeFiChain. This and more in the upcoming News Show.Creato...
Media is too big
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Should decentralization be regulated? ๐ค
This was a topic discussed at our recent meet-up in Singapore - listen in ๐
Do you agree?
This was a topic discussed at our recent meet-up in Singapore - listen in ๐
Do you agree?
Empower DeFiChain: Follow the Creator channel!
Lord Mark and DZ are live on YouTube presenting a new episode of DeFiChain News Show.
https://www.youtube.com/watch?v=yCyHQeI-5eg
Lord Mark and DZ are live on YouTube presenting a new episode of DeFiChain News Show.
https://www.youtube.com/watch?v=yCyHQeI-5eg
YouTube
Empower DeFiChain: Follow the Creator channel!
There is a new initiative to support DeFiChain Content Creator and thus indirectly do marketing for DeFiChain. This and more in the upcoming News Show.Creato...
๐ The DeFiChain Weekly Update is Here!
Hereโs whatโs been happening in the DeFiChain ecosystem this week:
โ DeFiChain v4.1.0-alpha Release
โ The Multichain Variants of $DFI
โ Community Rewards 3.0: Final Round
โ Ecosystem Updates
โ Recaps
All these are covered in our weekly update blog below ๐
https://blog.defichain.com/weekly-update-v4-1-0-alpha-community-rewards-3-0
Hereโs whatโs been happening in the DeFiChain ecosystem this week:
โ DeFiChain v4.1.0-alpha Release
โ The Multichain Variants of $DFI
โ Community Rewards 3.0: Final Round
โ Ecosystem Updates
โ Recaps
All these are covered in our weekly update blog below ๐
https://blog.defichain.com/weekly-update-v4-1-0-alpha-community-rewards-3-0
What are dTokens?
dTokens are decentralized assets (#RWAs) backed by cryptocurrency on the DeFiChain blockchain. Through the vault system, anyone can create their own dTokens, representing a wide range of real-world assets.
These digital assets trade freely on DeFiChain's decentralized exchange (DEX), without any centralized control or third-party intervention. The prices of dTokens are determined by the free market forces of supply and demand, independent of oracle prices used for collateralization.
Embrace the Benefits of dTokens:
โ True Decentralization: No single point of control or failure
โ Open to All: Accessible to anyone, anywhere in the world
โ 24/7 Liquidity: Trade dTokens around the clock
โ Transparency: Auditable asset management for trust
Discover the future of asset tokenization with dTokens on DeFiChain. Find out more about here ๐
https://blog.defichain.com/what-are-decentralised-stock-tokens-and-how-do-they-work/
dTokens are decentralized assets (#RWAs) backed by cryptocurrency on the DeFiChain blockchain. Through the vault system, anyone can create their own dTokens, representing a wide range of real-world assets.
These digital assets trade freely on DeFiChain's decentralized exchange (DEX), without any centralized control or third-party intervention. The prices of dTokens are determined by the free market forces of supply and demand, independent of oracle prices used for collateralization.
Embrace the Benefits of dTokens:
โ True Decentralization: No single point of control or failure
โ Open to All: Accessible to anyone, anywhere in the world
โ 24/7 Liquidity: Trade dTokens around the clock
โ Transparency: Auditable asset management for trust
Discover the future of asset tokenization with dTokens on DeFiChain. Find out more about here ๐
https://blog.defichain.com/what-are-decentralised-stock-tokens-and-how-do-they-work/
DeFiChain Blog
What Are Decentralized Assets And How do They Work?
TL.DR:
* Decentralized Assets (or dTokens) on DeFiChain are an entirely new and
revolutionary form of crypto investment. These dTokens can be created
(minted) by anyone on the DeFiChain blockchain, simply by first locking a
minimum of 50% DFI (withโฆ
* Decentralized Assets (or dTokens) on DeFiChain are an entirely new and
revolutionary form of crypto investment. These dTokens can be created
(minted) by anyone on the DeFiChain blockchain, simply by first locking a
minimum of 50% DFI (withโฆ
The upcoming MetaChain launches in April
Tomorrow Lord Mark and DZ present another episode of the News Show with information about DeFiChain and DFI. ๐
https://www.youtube.com/watch?v=DijYabjolvw
Tomorrow Lord Mark and DZ present another episode of the News Show with information about DeFiChain and DFI. ๐
https://www.youtube.com/watch?v=DijYabjolvw
YouTube
The upcoming MetaChain launches in April
The community is heavily building on MetaChain and we will give an outlook, which launches are planned in April. This and more in the upcoming episode of the...
Unlocking Real-World Value: What are Real World Assets, and Why do They Matter in DeFi?
Real-world assets (RWAs) are physical or financial assets that exist in the real world, like cash, commodities, real estate, equities, and bonds. RWA tokenization refers to the process of digitally representing these assets on a blockchain as tokens. This article will provide an in-depth exploration of tokenized RWAs - explaining what they are, their key benefits, and the diverse range of assets being tokenized.
Find out more here ๐
https://blog.defichain.com/unlocking-real-world-value-what-are-real-world-assets-and-why-do-they-matter-in-defi/
Real-world assets (RWAs) are physical or financial assets that exist in the real world, like cash, commodities, real estate, equities, and bonds. RWA tokenization refers to the process of digitally representing these assets on a blockchain as tokens. This article will provide an in-depth exploration of tokenized RWAs - explaining what they are, their key benefits, and the diverse range of assets being tokenized.
Find out more here ๐
https://blog.defichain.com/unlocking-real-world-value-what-are-real-world-assets-and-why-do-they-matter-in-defi/
Traditional Stocks vs Decentralized Assets (dTokens) Explained ๐
Traditional stocks represent shares of ownership in a centralized company. When investors purchase stocks, they become partial owners with rights like receiving dividends and voting on corporate decisions. However, stock issuance is subject to regulations and controlled by the company itself.
In contrast, decentralized assets (or dTokens) are not issued by any central entity. Instead, they are minted directly onto a blockchain platform like DeFiChain by individual users. Unlike stocks tied to a specific company, dTokens exist solely on the decentralized network where they were created, e.g. the DeFiChain blockchain.
This peer-to-peer exchange of decentralized assets is revolutionary because it removes intermediaries and centralized control from the equation. Blockchain-based dTokens enable a more egalitarian system of asset ownership, exchange, and participation compared to traditional financial instruments. It's a paradigm shift towards open and equal access to ownership of all asset classes.
Traditional stocks represent shares of ownership in a centralized company. When investors purchase stocks, they become partial owners with rights like receiving dividends and voting on corporate decisions. However, stock issuance is subject to regulations and controlled by the company itself.
In contrast, decentralized assets (or dTokens) are not issued by any central entity. Instead, they are minted directly onto a blockchain platform like DeFiChain by individual users. Unlike stocks tied to a specific company, dTokens exist solely on the decentralized network where they were created, e.g. the DeFiChain blockchain.
This peer-to-peer exchange of decentralized assets is revolutionary because it removes intermediaries and centralized control from the equation. Blockchain-based dTokens enable a more egalitarian system of asset ownership, exchange, and participation compared to traditional financial instruments. It's a paradigm shift towards open and equal access to ownership of all asset classes.
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๐ The DeFiChain Weekly Update is Here!
Hereโs whatโs been happening in the DeFiChain ecosystem this week:
โ Update: DeFiChain v4.1.0-alpha Release
โ Unlocking Real-World Value: What are Real-World-Assets
โ Community Rewards 3.0: Final Round
โ Ecosystem Updates
โ Recaps
All these are covered in our weekly update blog below ๐
https://blog.defichain.com/weekly-update-release-update-real-world-assets
Hereโs whatโs been happening in the DeFiChain ecosystem this week:
โ Update: DeFiChain v4.1.0-alpha Release
โ Unlocking Real-World Value: What are Real-World-Assets
โ Community Rewards 3.0: Final Round
โ Ecosystem Updates
โ Recaps
All these are covered in our weekly update blog below ๐
https://blog.defichain.com/weekly-update-release-update-real-world-assets
How are dTokens created on DeFiChain?
Creating dTokens (#RWAs) on DeFiChain is a straightforward process that puts you in control. Simply deposit your crypto assets as collateral into a Vault. The accepted collateral options include DFI, DUSD, dBTC, dETH, dUSDT, dUSDC, or dEUROC.
dTokens are minted with over-collateralization, meaning the value of your deposited collateral exceeds the value of the dTokens you create. This safeguards the peg and ensures dTokens canโt be created without sufficient backing. The interest rates you pay are determined by your collateralization ratio, operating similarly to traditional banking practices.
Letโs say your Vault holds $1,500 worth of DFI, BTC, and ETH combined. Minting $100 of dTSLA would incur low interest rates since your collateral is highly over-collateralized. However, if you mint $750 of dTSLA, youโll face higher interest as you approach the minimum collateral requirement.
With just a few clicks, you can set up a Vault, deposit collateral and mint dTokens โ all in a decentralized manner on DeFiChain. Try it out yourself!
Only in DeFiChainโs Light Wallet on your mobile:
https://geni.us/DeFiChain_App
Creating dTokens (#RWAs) on DeFiChain is a straightforward process that puts you in control. Simply deposit your crypto assets as collateral into a Vault. The accepted collateral options include DFI, DUSD, dBTC, dETH, dUSDT, dUSDC, or dEUROC.
dTokens are minted with over-collateralization, meaning the value of your deposited collateral exceeds the value of the dTokens you create. This safeguards the peg and ensures dTokens canโt be created without sufficient backing. The interest rates you pay are determined by your collateralization ratio, operating similarly to traditional banking practices.
Letโs say your Vault holds $1,500 worth of DFI, BTC, and ETH combined. Minting $100 of dTSLA would incur low interest rates since your collateral is highly over-collateralized. However, if you mint $750 of dTSLA, youโll face higher interest as you approach the minimum collateral requirement.
With just a few clicks, you can set up a Vault, deposit collateral and mint dTokens โ all in a decentralized manner on DeFiChain. Try it out yourself!
Only in DeFiChainโs Light Wallet on your mobile:
https://geni.us/DeFiChain_App
DeFiChain
DeFiChain - Connecting old and new worlds
A blockchain dedicated to fast, intelligent and transparent decentralized financial services, accessible by everyone.
Huge week on DeFiChain, Is this the turning point?
Tomorrow Lord Mark and DZ present another episode of the News Show with information about DeFiChain and DFI. ๐
https://www.youtube.com/watch?v=Yp-TeBV4O3w
Tomorrow Lord Mark and DZ present another episode of the News Show with information about DeFiChain and DFI. ๐
https://www.youtube.com/watch?v=Yp-TeBV4O3w
YouTube
Huge week on DeFiChain, Is this the turning point?
It's going to be a huge week on DeFiChain. We will talk about the various topics in the new episode of the News Show.
Seahorse: https://twitter.com/SeahorseFi/status/1776111057100279898
https://seahorsefi.gitbook.io/seahorsefi
Seahorse questions: https:โฆ
Seahorse: https://twitter.com/SeahorseFi/status/1776111057100279898
https://seahorsefi.gitbook.io/seahorsefi
Seahorse questions: https:โฆ
The Ideological Framework of DeFiChain: How It Unlocks Limitless Possibilities
Learn more about the ideological framework of DeFiChain, 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.
๐ https://blog.defichain.com/the-ideological-framework-of-defichain-how-it-unlocks-limitless-possibilities/
Learn more about the ideological framework of DeFiChain, 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.
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Huge week on DeFiChain, Is this the turning point?
Lord Mark and DZ are live on YouTube presenting a new episode of DeFiChain News Show.
https://www.youtube.com/watch?v=Yp-TeBV4O3w
Lord Mark and DZ are live on YouTube presenting a new episode of DeFiChain News Show.
https://www.youtube.com/watch?v=Yp-TeBV4O3w
YouTube
Huge week on DeFiChain, Is this the turning point?
It's going to be a huge week on DeFiChain. We will talk about the various topics in the new episode of the News Show.
Seahorse: https://twitter.com/SeahorseFi/status/1776111057100279898
https://seahorsefi.gitbook.io/seahorsefi
Seahorse questions: https:โฆ
Seahorse: https://twitter.com/SeahorseFi/status/1776111057100279898
https://seahorsefi.gitbook.io/seahorsefi
Seahorse questions: https:โฆ
Unlocking Real-World Assets: DeFiChainโs RWA Tokenization is Revolutionizing DeFi
Real World Assets (RWAs) span a vast array of assets, from physical properties like real estate and infrastructure to intangible assets like intellectual property rights and financial contracts.
In this article, we explore DeFiChainโs toolset to capture the transformative opportunities presented by tokenizing real-world assets and how this innovation can disrupt multiple industries across various sectors.
Find out more๐ https://blog.defichain.com/unlocking-real-world-assets-defichains-rwa-tokenization-is-revolutionizing-defi/
Real World Assets (RWAs) span a vast array of assets, from physical properties like real estate and infrastructure to intangible assets like intellectual property rights and financial contracts.
In this article, we explore DeFiChainโs toolset to capture the transformative opportunities presented by tokenizing real-world assets and how this innovation can disrupt multiple industries across various sectors.
Find out more
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๐ The DeFiChain Weekly Update is Here!
Hereโs whatโs been happening in the DeFiChain ecosystem this week:
โ Update: DeFiChain v4.1.0-beta Release
โ Unlocking Real-World Assets: DeFiChainโs RWA Tokenization is Revolutionizing DeFi
โ The Ideological Framework of DeFiChain: How It Unlocks Limitless Possibilities
โ Tokenization of Real-World-Assets
โ Ecosystem Updates
โ Recaps
All these are covered in our weekly update blog below ๐
https://blog.defichain.com/weekly-update-beta-release-real-world-assets-community-space-and-more
Hereโs whatโs been happening in the DeFiChain ecosystem this week:
โ Update: DeFiChain v4.1.0-beta Release
โ Unlocking Real-World Assets: DeFiChainโs RWA Tokenization is Revolutionizing DeFi
โ The Ideological Framework of DeFiChain: How It Unlocks Limitless Possibilities
โ Tokenization of Real-World-Assets
โ Ecosystem Updates
โ Recaps
All these are covered in our weekly update blog below ๐
https://blog.defichain.com/weekly-update-beta-release-real-world-assets-community-space-and-more
๐ Join us live for the 2nd DeFiChain Labs Engineering Sync!
๐ Today, Monday, April 15, 2024
โฐ Live - 10:30 (CET) // 17:30 (SGT)
๐ https://meet.google.com/pez-xokc-pdn
๐ Duration: 45min
This call is all about:
Our 2nd Community Space - a public monthly community call where anyone from the community is welcome to join!
โ Status Updates
โ What the team is working on
โ Collaborative Issue/Bug Squashing session on Github
โ Q&A
Note: This is a purely technical session and will not involve discussions relating to tokenomics, economics, prices, and more.
Don't miss this opportunity to stay updated and get involved with the DeFiChain Labs Engineering team! See you there!
๐ Today, Monday, April 15, 2024
โฐ Live - 10:30 (CET) // 17:30 (SGT)
๐ https://meet.google.com/pez-xokc-pdn
๐ Duration: 45min
This call is all about:
Our 2nd Community Space - a public monthly community call where anyone from the community is welcome to join!
โ Status Updates
โ What the team is working on
โ Collaborative Issue/Bug Squashing session on Github
โ Q&A
Note: This is a purely technical session and will not involve discussions relating to tokenomics, economics, prices, and more.
Don't miss this opportunity to stay updated and get involved with the DeFiChain Labs Engineering team! See you there!