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Author Topic: [ANN] DeFiChain - DFI [unofficial, unmoderated]  (Read 253 times)
flo123
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November 29, 2020, 11:05:17 PM
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 #1

What is DefiChain?

DeFiChain is a bitcoin-core-forked blockchain, built from ground up to support various decentralized financial applications. Specifically designed as a non-general-purpose blockchain for the DeFi industry, DeFiChain provides full functionality for this specific industry segment, yet sacrificing other types of functionality for simplicity, rapid throughput and security. Unlike the majority of DeFi projects, DeFiChain is combining Bitcoin’s stability and immutability with DeFiChain’s scalability and functionality.

To address challenges associated with creating robust immutability and security, DeFiChain is periodically anchoring itself to the bitcoin blockchain - every few minutes, the most recent Merkle tree gets saved to the Bitcoin blockchain. At the same time DeFiChain keeps its own consensus mechanism and function set, allowing for all those characteristics that Bitcoin does not inherently have.

DeFiChain utilizes a completely decentralized Proof-of-Stake mechanism allowing for:

•   a massive scalable and energy conserving consensus.
•   fast transactions and high security.
•   ability to create a variety of DeFi apps based on one chain and with very low attack surface.
•   multi-token support on one chain through decentralized wrapped token technology.
•   decentralized governance.

In contrast to turing-complete blockchains like Ethereum, DeFiChain is not supporting any commands outside the basic set of functions. By purposely limiting the allowed commands, the attack surface for financial smart contracts, developed on the platform, gets reduced simultaneously.

The initial allowed set of functions (dAppSet) includes:

•   Decentralized lending
•   Decentralized wrapping of tokens
•   Decentralized pricing oracles
•   Decentralized exchanges
•   Transferable debts and receivables
•   Decentralized non-collateralized debt
•   Asset tokenization
•   Distribution of dividends


Benefits of DeFiChain – Summary:

•   Development of a variety of financial operations & vehicles for cryptocurrency economy.
•   High throughput for all transactions
•   Safer, more secure blockchain specifically for decentralized finance.
•   Rapid development of dApps for decentralized finance.
•   DefiChain blockchain is solely used for financial dApps – focusing on financial use-cases and nothing else.
•   Minimal attack surface of financial smart contracts developed on the platform.
•   Reliable governance (off-chain and on-chain).
•   Highly immutable – by periodic anchoring to Bitcoin blockchain.


Technical Characteristics of DeFiChain:

•   DFI – the native DefiChain token – is a deflationary utility token
•   Forked from Bitcoin Core v0.18.1
•   Written in C++ with plans to use Rust in the future as well
•   Block time: 30 seconds
•   Block size: 16 MB
•   Transaction rate: >2,200 tps
•   Consensus mechanism: POS and Masternode staking
•   Masternode staking: 1,000,000 DFI
•   Total supply: 1.2 billion DFI – 588 million DFI initial supply (49%), from which 49% is kept at the DeFi Foundation. Remaining 51% (612 million DFI) will be issued to Masternode holders over time.
•   Block reward: 200 DFI, of which 10% goes into the community fund. Reduced block reward after 1,050,00 blocks.


Supported Exchanges (CEXs):

•   Bittrex
•   Hotbit
•   Bitrue
•   LATOKEN
•   Indoex


Decentralized Exchanges (DEXs):

•   DeFiChain DEX on wallet app


Resources:

Official Github Repository: https://github.com/DeFiCh
Official Whitepaper: https://defichain.com/white-paper/
Official Roadmap: https://defichain.com/white-paper/#roadmap-and-milestones


Community:

Official Telegram Group: https://t.me/defiblockchain
Official Reddit: https://www.reddit.com/r/defiblockchain/
Official Youtube: https://www.youtube.com/DeFiChain
Official Twitter: https://twitter.com/defichain
Official Facebook: https://www.facebook.com/defichain.foundation
Official DefiChain Blog: https://defichain.ghost.io
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November 29, 2020, 11:06:36 PM
Last edit: December 07, 2020, 09:21:55 AM by flo123
 #2


DeFiChain DEX Launching 30 November 2020

Today it is time to go decentralized! The long awaited launch of DeFiChain’s first dApp on its proprietary blockchain is about to happen today, 30 November 2020. After DeFiChain’s successful mainnet launch in May 2020, the next big step towards becoming a full fledged DeFi heavy weight is taking place today by introducing the DeFiChain decentralized exchange (DEX).

Unlike other DEXs, DeFiChain is a truly decentralized exchange with no geo-blocking, no KYC, and no centralized infrastructure. DeFiChain’s ecosystem is designed for total decentralization and transparency, by giving its users full control over their private keys. DeFiChain will neither ask you to provide any form of personal information nor to go through any sort of KYC process. Through its inherent design paradigm, the DeFiChain blockchain can be accessed from numerous platforms, similar to bitcoin, and is actively encouraging its users to review the open source code for its safety and security

Being a non-turing-compelte blockchain, the DEX is built into the layer-one protocol of the blockchain and hence does not need any smart contracts to operate successfully. This goes hand in hand with a reduction in the attack surface, limiting any form of (coding) error, especially when compared to other DeFi projects on turing-complete blockchains like Ethereum.

In order to facilitate trades and settlements, the DeFiChain DEX uses so called liquidity pools, which have been successfully audited, with no vulnerabilities detected, by Knownsec. Through an innovative yield farming mechanism, users get rewarded for providing liquidity to the protocol (liquidity pools), making DefiChain the first yield farming solution based on unspent transaction outputs (UTXOs). In Contrast to other DEXs, no gas fees have to be paid to claim funds – the earned interest is automatically and conveniently credited to the wallet every 30 seconds. Starting on Dec 9th, for one month, there will also be a bonus of 100 DFI / 30 seconds.

To participate in yield farming, users need to provide an equal amount of DFI tokens together with the respective pool token of the yield farming pool. Assuming someone wants to participate in yield farming in the BTC-DFI pool by staking 1 BTC, then this person also has to provide the equal amount of DFI tokens, consequently driving up its demand.

To find out more about DeFiChain visit the DeFiChain Blog. You can start using the DeFiChain DEX by downloading the DeFiChain Wallet under https://defichain.com/downloads/.
Feel free to join the community discussions at https://t.me/defiblockchain.
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November 29, 2020, 11:08:19 PM
Last edit: December 07, 2020, 09:22:14 AM by flo123
 #3


DeFiChain DEX startet am 30. November 2020

Ab heute wird dezentral gehandelt! Der 30. November 2020 markiert jenen lang erwarteten und herbeigesehnten Tag, an dem DeFiChain die Einführung der ersten dApp auf der eigenen Blockchain zelebriert. Nach dem äußerst erfolgreichen Start der DeFiChain-Blockchain im Mai 2020, steht nun heute der logische, nächste Schritt, hin zu einem vollwertigen, dezentralen Finanzanbieter, an – nämlich die Einführung der DeFiChain decentralized exchange (DEX).

Im Gegensatz zu anderen dezentralen Handelsbörsen stellt die DeFiChain DEX eine vollkommen dezentrale Handelsbörse dar, auf der es weder Geo-blocking, KYC-Auflagen, noch sonstige, zentral ausgestaltete Infrastruktur gibt. Das DeFiChain Ökosystem ist auf umfängliche Dezentralisierung und Transparenz ausgelegt, indem es jeden User vollständigen Zugriff auf dessen private keys ermöglicht. Demzufolge wird DeFiChain seine User weder nach irgendwelchen personenbezogenen Daten fragen, noch jemals KYC-Bedingungen stipulieren. Aufgrund des inhärenten Designparadigmas der DeFiChain, ist der Zugriff auf die Blockchain – ganz im Sinne von Bitcoin – von einer Vielzahl unterschiedlichster Plattformen aus möglich, weshalb einer einfachen Überprüfung des open-source-Programmiercodes damit nichts mehr im Wege steht.

Ein weiterer großer Vorteil der als nicht-Turing-komplett ausgeführten DeFiChain, liegt in der Tatsache begründet, dass die DEX direkt in das layer-one-Protokoll der Blockchain integriert wurde und somit keiner Verwendung von fehleranfälligen smart contracts bedarf. Die somit geschaffene reduzierte Angriffsfläche für jedwede Art von Hacks kann als sicherheitsrelevantes Herausstellungsmerkmal einer rein für den Finanzbereich konzipierten Blockchain - ganz im Gegensatz zu Turing-kompletten Blockchains wie beispielsweise Ethereum - gewertet werden.

Um die Abwicklung von Handelsorders auf der DEX zu ermöglichen, bedient sich die DeFiChain DEX sogenannter liquidity pools, die vom Sicherheitsunternehmen Knownsec auf Fehler im Programmiercode hin überprüft wurden, wobei keinerlei Schwachstellen gefunden werden konnten.
Durch den hausinternen, innovativen yield-farming-Mechanismus, der auf sogenannte unspent transaction outputs (UTXOs) aufbaut und erstmals auf der DeFiChain Verwendung findet, werden User für das Bereitstellen von Liquidität für das Protokoll (liquidity pools) belohnt. Im Lichte hoher Transaktionskosten konkurrierender DEXs, stellt es ein Novum dar, dass auf der DeFiChain DEX keine sogenannte gas fee, um sich die Belohnung der Liquiditätsbereitstellung in Form von DFI Token zu sichern, anfällt. Die dabei verdienten Token werden ganz einfach und automatisch dem benutzen Wallet in einem 30 Sekunden Intervall gutgeschrieben. Ab 9. Dezember ist es ferner für ein Monat lang möglich, sich zusätzlich zu den erwirtschafteten Token auch noch einen Bonus i.d.H.v. 100 DFI / 30 Sekunden zu sichern.

Um yield farming a priori überhaupt betreiben zu können, müssen User einen äquivalent hohen Betrag an DFI Token zusätzlich zum zugrundeliegenden Pool-Token des jeweiligen yield-farming-Pools zur Verfügung stellen. Möchte nun jemand beispielsweise im Umfang von 1 BTC yield farming im BTC-DFI liquidity pool betreiben, so muss er den gleich hohen wertmäßigen Betrag an DFI Token diesem Pool hinzufügen, was folglich auch die Nachfrage nach DFI Token stimuliert.

Wenn du mehr über DeFiChain erfahren möchtest, dann besuche doch den DeFiChain Blog. Du kannst die DeFiChain DEX durch Herunterladen des DeFiChain Wallets benutzen. Hier gibts den Link dazu: https://defichain.com/downloads/
Wir würden uns auch sehr freuen, dich als Mitglied im Diskussionsforum auf https://t.me/defiblockchain begrüßen zu dürfen.
flo123
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December 01, 2020, 08:15:58 PM
Last edit: December 17, 2020, 11:50:21 AM by flo123
 #4

After yesterday’s smooth and successful launch of the DeFiChain DEX, it is time to follow up with a synopsis of the first 24 hours after its genesis, as well as with a short operational handbook of the DeFiChain DEX.

If you haven’t downloaded the desktop DeFiChain App yet, then it is about time to do so, otherwise you should see exactly the same screen as shown below, after you have launched the app.


The sleek interface is basically divided into two parts – on the left side you can find all DeFiChain related dApps, while tasks related to each dApp are shown on the right side.


Wallets

The first icon, “Wallets”, basically handles your transactions: it enables you to send out your DFI tokens as well as to create as many receiving wallet addresses as you want. You can also label these addresses and use them for different purposes – i.e. use one address to receive your pay, while another one to simply receive your staked coins.



Liquidity

The second icon, “Liquidity”, is an integral part of the DEX and facilitates the exchange of coins. For providing liquidity to the protocol you get paid DFI tokens as rewards in exchange. If you want to supply liquidity, then you just have to click on the "+" or "-" sign to add, respectively to remove liquidity (see picture below).


Do note, that you always have to provide the same amount of liquidity to both liquidity pairs. If you would like to invest i.e. 1 BTC, then you also have to provide the same amount of DFI tokens. By clicking onto the "+" you will get forwarded to an interface, where you just have to select which token you would like to add to the liquidity pool and the system then automatically calculates how many DFI tokens you have to provide on top your 1 BTC.


As of writing, there is a 1.4m TVL (total value locked) in all three liquidity pools. That’s undoubtedly an impressive achievement for DeFiChain's first day in operation (currently 15.5m are locked in the 3 pools). Also, do note, that the rewards for providing liquidity are currently purposely capped at 1 DFI / 30 seconds block time. Starting December 7th 2020, for one month, the reward amount will get increased to 100 DFI / 30 seconds block time, drastically increasing the APY. After this promotional month, the liquidity rewards will get capped at 45 DFI / 30 seconds block time.
The cool thing here is, that you don’t have to do anything to claim your rewards – they will automatically and conveniently get credited to your wallet address. Unlike with other DEXs, you also do not have to pay any fees for this process.

The APY, however, is calculated by the amount of USD you provide to the total liquidity of the respective liquidity pool. Let’s assume there is 1m USD in the USDT-DFI pool and you would like to add 1,000 USD to this particular pool. By doing so, you will get issued a so called liquidity token, which represents your share of the total amount of USD in the USDT-DFI-pool. In our case, your token would represent 1/1000 of the total pool size.
Neglecting a potential impermanent loss and commission payments, you would currently get 1/1000 of 1 DFI token (=liquidity reward) automatically credited to your wallet address every 30 seconds. The USD-DFI pool has currently an astonishing 47.2% APY. Now imagining, how much this current APY level could increase, when the promotional reward month, where a whopping 100 DFI / 30 seconds block time is paid out, kicks in. We may see APY rates well north of 3-400% in the next weeks, making DeFiChain one of the most lucrative liquidity farming places out there.


DEX

The main function of a DEX is to exchange one coin for another in a decentralized way. No KYC-checks, no personal information and no centralized architecture are the backbone of the DeFiChain DEX. You are always in possession of the private keys and should be aware of the duties which come along with that. So far, the DEX allows the exchange of the top three coins in terms of market cap – BTC, ETC and USDT.


Since there are currently only liquidity pools with DFI as second token available, you would have to always go via DFI first in case you want to exchange BTC for ETH. Yet, what would be interesting to see, though, is, how the DEX compares to a CEX like Bittrex in terms of the price of a trading pair and a potential arbitrage opportunity. Let us assume, we would like to exchange 1,000 USDT; how many DFI tokens would we then get on Bittrex (CEX), respectively on DeFiChain DEX? The current order book on the CEX looks like that:


By buying DFI worth 1,000 USDT, we would drive down the price to 0.35794 USD per DFI token; on average we would pay 0.3607 USD per token and would get 2,772.74 tokens for exchanging 1,000 USDT on Bittrex.

On the other hand though, on the DeFiChain DEX, we would get 2,747.28 DFI tokens for exchanging 1,000 USDT. At time of writing, you would currently get roughly 25 DFI tokens (roughly 9 USD) more when you would exchange your 1,000 USD on Bittrex compared to the DEX. This discrepancy may not exist for long though, since arbitrageurs will try to balance it out to earn some money.


To those among you, who are now interested in arbitraging the system, I can say, it would not really work in that example. The reason simply is: by exchanging the 2,772.74 DFI tokens, bought at Bittrex, back into USDT using the DEX would make you worse off than before (see picture below).



Anyways, this was just a snap shot and over time, with more people arbitraging the system, some more opportunities may pop up. Yet ultimately and in theory the price should converge towards an equilibrium price set by all exchanges in the ecosystem.


The last three categories are, especially from a liquidity farming perspective, at least not as important as the first ones. Hence we will cover them just briefly.


Tokens

By investing 101 DFI you are able to create your own custom token. You can freely choose a name and ticker symbol for your coin; you have to provide a collateral address to be able to trade it on the DEX.

 


Blockchain

Here you can conveniently check when a new block gets created and furthermore you are also able to directly jump into the block explorer from this interface:




Masternode

By holding a minimum of 1m DFI tokens you can create a masternode as well. All masternodes and their respective information can be seen under the category “Masternodes”.


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December 03, 2020, 12:02:19 AM
 #5

I am seriously impressed with how quickly this functionality has been implemented. I've been following the project from the beginning and it seems like the mainnet was launched only yesterday. Wink

Once Bitcoin's market capitalization reaches relevant heights, true DEXs will be vitally important to maintain decentralization - the Defichain, with this feature alone, adds significant value to the crypto space. And it allows a wider audience to get into Bitcoin: I've played around with the app and exchanged plug&play USDT to DFI and BTC without KYC. Seamless experience, it doesn’t get much easier than that.
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December 03, 2020, 09:00:57 PM
 #6

How Arbitrage Is Done On DeFiChain DEX

The following post does not really fit into this ANN thread, yet I would like to place the educational intention over coherence and do hope that it may help some of you in exploiting arbitrage opportunities on the DeFiChain DEX.

Before we jump into this hot topic, we have to make sure that the basic principles of a DEX are understood. Most importantly, we have to get familiar with the price finding/setting mechanism of a centralized (CEX) vs. a decentraliced exchange (DEX).

A CEX uses a so-called market maker and an order book, in which supply and demand gets matched. The market maker ensures the required liquidity through automated trading; the trading fees are then handed over to the CEX. On the other hand, a DEX does not use an order book; the price is set by so-called liquidity pools (LPs) – no oracles are used. Each user can be a market maker by simply providing liquidity to the pool and ultimately getting rewarded by receiving a percentage amount of the total fees collected by the LP. The price setting between two trading pairs is done by a so-called automated market maker (AMM), a deterministic price setting algorithm also known as product market maker algorithm. Mathematically speaking, it looks like this: x * y = k, wherein x and y represent the number of tokens of the two trading pairs and k is a constant. Most LPs use a constant product market maker algorithm, which always keeps a balance between the two trading pairs. No matter how big the desired trade is, the LP can execute it by using the underlaying asymptotically rising curve, which increases the price when demand for the token increases.

The size of the arbitrage opportunity ultimately depends on the imbalance of the amount of tokens in the LP. Referring to the AMM, if a lot of BTC, for instance, gets removed from the BTC-DFI LP, then „a lot more“ DFI tokens have to be transferred in. Since a DEX does not receive any external data feeds via oracles, the two trading pairs cannot rebalance themselves without new outside liquidity. Hence a LP sets the price of a trading pair by simply comparing the amount of tokens. In an isolated world, these LPs can, in the worst case, tip to one side and form advantageous or disadvantageous trading pair ratios for different trader types. To prevent this, the imbalance either has to be manually rebalanced or by using a bot.

And that’s exactly what we are going to do now; we will manually balance out the LPs of the DeFiChain DEX and on top of it make some money.

Do note, it is currently only possible to transfer USDT, ETH and BTC from or via Cake Defi into the DefiChain DEX. Hence you have to make sure, that you have an account with them in the first place.

To be able to take advantage of arbitrage, we have to first find price discrepancies of respective trading pairs on the CEX (I am using Bittrex here) compared to the DeFiChain DEX. The following chart shows some of the trial and error approaches I have conducted.


As you can see in the table above, I was able to make 600 DFI, or roughly 230 USD, by executing the following strategy: I first exchanged 2500 DFI on Bittrex for 940 USDT. These 940 USDT I then sent over to Cake Defi (3 USD fee); from there I transferred it further into the DeFiChain DEX (1 USD fee). At the last step, I exchanged those 940 USD for a total of 2899 DFI – a net profit of 399 DFI tokens before fees.
Simultaneously, I did the same with the DFI/BTC trading pair. I sold 2000 DFI for 0.040083 BTC on Bittrex and transferred those BTC via Cake Defi into the DeFiChain DEX. There, I then exchanged them for 2301 DFI token – a net profit of 301 DFI tokens before fees.

This (rather huge) arbitrage opportunity is gone, yet it can change within seconds and even bigger ones can appear.
Generally speaking, it seems like the best approach in finding arbitrage opportunities is by focusing on the USDT to DFI and BTC to DFI trading pairs on the DeFiChain DEX. Also do note, since we are trading on the asymptotically rising curve of the product market maker algorithm, it could be profitable taking advantage of arbitrage for smaller amounts, but not for bigger amounts. In the chart above, you can see, that it is not profitable to exchange 2500 DFI on Bittrex into USDT and then exchange it back on DeFi DEX, yet on the other hand, though, 250 DFI exchanged into USDT on Bittrex and exchanged back on DeFiChain DEX is indeed profitable.
Hence my recommendation, to always check for smaller arbitrage opportunities first, especially when the LPs are still not well funded. Over time, this may change and bigger arbitrage opportunities may appear.

A side node to Cake DeFi:
Before you now jump onto this bandwagon, you should first get familiar with Cake Defi. Sending USDT and any other alt coin into Cake Defi is totally easy and fast; just make sure to use the Ethereum network to send in your coins. If you then for instance would like to send USDT to the DeFiChain DEX, you have to send those as so called wrapped USDT by using the DeFiChain blockchain network (see picture below). Simply copy the wallet address of your DeFiChain wallet, choose the DeFiChain network and send your USDT to the DeFiChain DEX. The wrapped USDT are basicially nothing else than what any ERC20 token is to Ethereum.

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December 06, 2020, 05:56:30 PM
 #7

this is unofficial thread right ? but i see a lot of informations in this thread,
seems i will think and learn more about this project before decide to drop my money here
always keep this thread updates with the latest new about defichain project buddy


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flo123
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December 07, 2020, 09:21:14 AM
 #8

this is unofficial thread right ? but i see a lot of informations in this thread,
seems i will think and learn more about this project before decide to drop my money here
always keep this thread updates with the latest new about defichain project buddy

First of all, thanks a lot for the kind words. It is much appreciated.
Yes, it is an unofficial thread and I will try my best to keep it updated Smiley
flo123
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December 17, 2020, 05:30:37 PM
 #9


Wow! The TLV just surpassed 16m USD and catapulted DeFiChain into the league of bZx and Lightning Network. On average a total of nearly 1M USD has been flowing in every single day since Dec 1st; that's an impressive growth rate of 1,150% over the last 16 days.

The liquidity pools are incentivized until early January and you can still get well above 300% APY on your investment. As someone who is new to the DeFi space or just wants to invest a small amount, you may also like the fact, that there are virtually no fees for providing / removing liquidity to the 3 pools (BTC, ETH and USDT). Feel free to also check out the lively discussions in the telegram group here: https://t.me/defiblockchain
Thomas1968
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January 22, 2021, 03:14:37 AM
 #10

Beware of Dr. Julian Hosp and TenX
Svaytfrolov
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February 06, 2021, 12:16:40 PM
 #11

What does DFI per block mean?
wmbst
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October 31, 2021, 09:28:20 PM
Last edit: November 01, 2021, 02:11:08 PM by wmbst
 #12

There is a new major Upgrade for DefiChain expected this month.

Mid November the Ford Canning update will bring support for decentralised Stock Tokens, decentralised Loans and Liquidity Mining with Stocks - dUSD Liquidity Pairs. So you will be able to buy for example buy a synthetic Tesla Stock token and not only benefit from the price increase, you can also put it into Liquidity mining and get additional cash flow.

https://twitter.com/defichain/status/1454359714674925571

Check out defiscan.live for the different price feeds.
https://defiscan.live/prices
wmbst
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November 02, 2021, 10:14:13 PM
 #13

DefiChain 2.0.0 is published.  Shocked Shocked Shocked Shocked
All NodeOperators have to upgrade before Block 1367000 (approx. ETA Monday, 15 Nov 2021)
https://github.com/DeFiCh/ain/releases

This is a Major Upgrade and will bring the use case, why DeFiChain was developed during the last 2 years live.
100% Decentralised synthetic stock sokens and decentralised Loans on your crypto.
100% your money and your keys.

---------------

v2.0.0 - Fort Canning Latest
Mandatory Upgrade

This is a mandatory update for the upcoming Fort Canning chain upgrade. It contains key features and fixes.
Fort Canning upgrade is set for block 1367000 (approx. ETA Monday, 15 Nov 2021) on mainnet.

Update of mainnet node before the chain upgrade block is REQUIRED.

What’s Changed

Key Focus

Native protocol support for decentralised loans. Includes all the foundational blocks for loans, auctions, bids and to bring stock tokens on to the ecosystem. This introduces a new set of protocols and RPCs to interact with the chain. For more information, please read the wiki here.
Composite swap. Automatically swaps across up-to 3 pool pairs. Example: Directly swap between dBTC to dETH in one atomic step (Tx) through the underlying DFI-BTC and DFI-ETH pools. (#676)
Improved on-chain mechanics for oracle pricing and fault tolerance with dedicated support for fixed time interval pricing.
updatemasternode RPC that currently enables updating a masternode's operator address. (#687)
setforcedrewardaddress RPC that enables providing a dedicated address for masternode rewards. (#642)
Other noteworthy improvements:

#704: getmasternodeblocks RPC now correctly returns blocks minted by all subnodes.
#686: spv_refundhtlcall RPC - Gets all HTLC contracts stored in wallet and creates refunds transactions for all that have expired.
#711: listaccounthistory RPC now only includes a record if the transaction is trusted (confirmation > 0).
#722: Anchoring cost has now been reduced to BTC dust (minimum possible).
#752: Tx fees, which were being burnt after Eunos upgrade will now be included in block rewards again from Fort Canning.
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