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- From Galxe Rewards to DUSD Potential: A Month Full of Highlights
From Galxe Rewards to DUSD Potential: A Month Full of Highlights
Patrick Hammel
August 14, 2023
In todays edition InTheMarket:
First DeFiChain community rewards campaign now live on Galxe
New community project - DeFiChain Python by Eric
New episode of DeFiChain Roundtable available!
Trading on DeFiChain DEX - from 15k to 90k
We are 1.000!
Read time: 4 minutes
Hey,
Welcome to a new edition of the InTheMarket newsletter! There are exciting news and developments in the world of DeFiChain. Let's get started right away!
First DeFiChain community rewards campaign now live on Galxe
Summary: DeFiChain launched a reward campaign on the Web3 community platform Galxe. Through this, users who met certain conditions could receive a limited edition collectible called OAT. These conditions included:
Following DeFiChain on Twitter.
Entering their Galaxe ID on the website.
Joining the DeFiChain Telegram channel.
Unfortunately, there are currently no more OAT tokens available. Nevertheless, users still have the opportunity to support DeFiChain on Galxe and thus raise awareness for the project. Who knows, maybe OAT tokens will be available again in the near future.
Relevance to DMC (DeFiMetaChain): DeFiChain's collaboration with Galxe highlights the growing relevance of DMC in the crypto ecosystem. By supporting native UTXO & EVM on the same blockchain, DMC simplifies interaction with other major blockchains, increasing its appeal in the crypto community.
Personal insights: I went through the process myself and followed DeFiChain on Galxe. It was an easy experience to connect the wallet and meet the terms and conditions. DeFiChain's decision to launch a campaign on an established platform like Galxe shows its ambitions and desire to reach a broader following. The OAT collectible, although currently unavailable, was a great way to engage the community. I hope to see the OATs reavailable and am excited to see future developments.
New community project - DeFiChain Python by Eric
Summary: Eric has created a new official Twitter/X account for the DeFiChainPython project, which has been around for about 1.5 years. The main goal of the project is to improve the experience of developing for DeFiChain using Python. In order to work even more transparently, Eric has decided to share both past and future developments via Twitter. This provides a great way for those interested in developments related to DeFiChain and Python to stay up to date.
Relevance to DMC (DeFiMetaChain): The DeFiChainPython project demonstrates the growing developer community around DMC and their efforts to expand development capabilities and tools for the Chain. Using Python lowers the barrier for developers familiar with this popular programming language and facilitates integration and development on DMC.
Personal Insights: It is encouraging to see community members like Eric so engaged and creating projects that benefit both developers and the overall DeFiChain community. It will be interesting to see how this Python project impacts the DeFiChain development community and what new features and optimizations are added in the future.
Links:
New episode of DeFiChain Roundtable available! (German)
Summary: In the current edition of the DeFiChain Roundtable, Kügi, Bene, Joshua (0ptim) and I (Peddy) come together. Instead of Andreas, this time we are joined by Joshua, also known as 0ptim, an active member of the DeFiChain community. We don't have a set agenda or script, we just share what's been on our minds in the community over the past few weeks. A main topic of this episode is the DeFiMetaChain and in particular the potential impact on DFI and DUSD prices. There is also a focus on marketing in the context of DMC.
Relevance to DMC (DeFiMetaChain): The conversation revolves heavily around the DeFiMetaChain and offers valuable insights and opinions on how this technological development could impact the DFI and DUSD.
Personal Insights: I personally find the open and honest roundtable discussion particularly valuable. It allows us, as a community, to share opinions and speculate together on where DeFiChain might be headed. It is exciting to discuss together with other committed members and to shed light on developments from different angles.
Links:
Trading on DeFiChain DEX - from 15k to 90k
Summary: Federbua proudly shows his trading results after eight months on DeFiChain. He started trading in January 2023 with 15,000 DUSD and focused mainly on trading dcoin, dmstr and dpltr. He highlights that he has been trading for five years and has turned his hobby into a profession. It is also important for him to trade without any "external pressure" and only invest money that you do not depend on.
Relevance: Federbua's track record demonstrates the potential and functionality of trading on DeFiChain. This reinforces the value proposition and practicality of DeFiChain and could help attract more traders and investors.
DeFiDEXTrader has also achieved impressive results. In just 11 weeks he has quadrupled his capital! 4x, insane!
Personal Insights: Federbua's successes inspire and show what is possible with patience, strategy and the right approach to trading on DeFiChain. It's also refreshing to see him give valuable tips to his followers, such as trading without external pressure and with only money to spare. Such success stories are not only impressive but also motivating for the whole community. It reminds us to always keep learning and acting strategically to get the most out of our investments.
*No financial advice
We are 1.000!
It's incredible that I've cracked the 1,000 follower mark on Twitter. When I started, I never imagined that everything would develop so rapidly. It's impressive and touching at the same time how many of you appreciate my content and the work I put into it.
I would like to thank each and every one of you from the bottom of my heart for accompanying and supporting me on this exciting journey. Your support truly means everything to me and gives me the drive to keep going and provide even more for you.
Together, we can continue to move the DeFiChain community forward and make it something even greater. Let's fully realize the potential and grow together!
As a small thank you, I'm planning a giveaway. So keep your eyes peeled and again, a huge thank you for your continued support! ❤️
🎧 Dive Deeper with InTheMarket Podcast and YouTube Channel
Want to explore more about DeFiMetachain? Check out our podcast episodes on Spotify and Apple Podcasts, and don't miss our YouTube video where we discuss DMC in detail:
💬Share Your Feedback with Us
That's all for now! Thank you for being with us on this exciting journey. Don't forget to share our DeFiChain newsletter with your friends and colleagues. Let's grow this community together!
We understand that blockchain and DeFi might not be the only topics that you're interested in. In a world increasingly dominated by technology, AI and machine learning are two more key areas that are becoming ever more relevant.
If you're interested in learning more about AI, particularly on how you can effectively utilize it in your studies or content creation, you might find these two e-books helpful:
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Best regards, Peddy