Based on requests from the community and with the help of a professional designer, we just launched a new design for both the website and the trading app. A clean mix of modern DeFi design with ancient Greek elements will also give DefiPlaza a much more recognisable visual brand. Join our Discord or Telegram and […]
Archives: News
DefiPlaza is governed by the DFP2 token holders. They can make proposals at governance portal, powered by Snapshot.org, and when they are approved the team will implement the outcome. To vote on these governance votes we only took into account the balance of DFP2 tokens already in a wallet. It is however possible to create a […]
Today, another 44625 governance tokens have been bought back from the exchange, using the revenue generated by the community run arbitrage bot. These tokens were subsequently burnt, as is our current policy for how to use the arbitrage bot revenue. This means that the burn address has now collected 127,029 tokens which puts it at […]
DefiPlaza is governed by the DFP2 token holders. They can make proposals at snapshot.org and when they are approved the team will implement the outcome. To make a vote on a proposal count, it needs to have sufficient votes (meet quorum). The quorum used to be 15M, with only slightly more than 30M tokens out […]
The community-run arbitrage bot has continued to bring volume to the exchange and arbitrage revenue to the community. Today another 0.5 ETH was converted into DFP2 and these tokens were sent to the burn address, never to be brought into circulation again. We are committed to maintain the arb bot and continuously burn more and […]
Following a unanimous governance vote, the DefiPlaza community replaced the UNI token in our 16 token index with the Convex Finance token (CVX). The Uniswap token (UNI) systematically was one of the tokens generating the lowest volume on the exchange, making it a prime candidate for replacement. CVX was a prime candidate for replacement as […]
Thursday, December 28, 2021, DOM.NFA from Volcanic Gems interviewed Jazzer, our main dev, about DefiPlaza and the technology and economics behind it. You can read the whole AMA on Volcanic Gems’ Telegram channel, we posted the Q&A unaltered here: Dom.NFA So I’d like to welcome Jazzer to the chat. We’ll be discussing his project, DeFi […]
Starting today, Etherscan correctly shows the DFP2 price on their platform, taking DFP2 correctly into account when calculating the DefiPlaza token holdings as well.
We recently launched an arb bot that helps to keep the DefiPlaza pool of 16 tokens in balance. The profit from the arb bot is given back to the community in the form of DFP2 burning. This weekend the first DFP2, worth around 1 ETH or $4000 was burned. Burn DFP2 burn! 🔥 You can […]
This update first appeared on the official Defi Raccoons Medium channel and has been republished unaltered. Date: 18th of November Host: Angle Guest: DefiPlaza ( Jazzer — Main Dev ) Hello Raccoon Nation and DeFi Enthusiasts! We recently hosted an AMA with DefiPlaza. So here we are up with the AMA transcript, for those who missed the live session, this […]