DeFiChain becomes Yield Monitor’s seventh mainnet integration.
Yield Monitor, a multi-chain portfolio tracker for DeFi investors, is excited to announce that DeFiChain (DFI) has become the seventh mainnet integrated into the Yield Monitor database, and the platform’s second non-EVM mainnet.
DeFiChain joins Algorand (ALGO), Avalanche (AVAX), Binance (BNB), Ethereum (ETH), Fantom (FTM), and Polygon (MATIC).
We’re thrilled to be building a relationship with the DeFiChain organization. The community is very dedicated and supportive of the various builders and creators bringing value to the ecosystem. It’s a privilege to be adding DeFiChain to our database and we’re eager to begin building long-term, collaborative relationships with DFI investors and existing teams in the coming months.
— Yield Monitor Team
Yield Monitor Vision: Building Portfolio Tools For DeFi Investors (Beta)
Yield Monitor offers various asset, liquidity pool, yield farm, and light lending data in the form of wallet tracking and visual charting tools. For some integrations, users can measure impermanent loss, view order book and trade volume metrics, and track similar pools and farms across different protocols. The portfolio tracking tool is a Beta release.
To view tracked DeFiChain data, simply visit Yield Monitor (https://app.yieldmonitor.io/) and select DFI pairs from the home screen. Alternatively, https://app.yieldmonitor.io/lpcharts/defichain will show you a pre-filtered list of tracked DeFiChain pairings.
DeFiChain is a decentralized blockchain platform that offers fast, intelligent, and transparent Decentralized Finance (DeFi) services anchored on the Bitcoin blockchain. The network operates on a hybrid Proof of Stake / Proof of Work consensus mechanism. Being non-Turing complete, DeFi transactions on DeFiChain flow quickly and smoothly at low gas rates, and have reduced risk of smart contract errors.
DeFiChain aims to enable crypto users to seamlessly transact over a wide array of financial instruments in a fully unrestricted, decentralized, fast and secure manner with low transaction fees.
The initial function set of DeFiChain includes decentralized lending, wrapping of tokens, pricing oracles, exchanges, futures trading (equities and commodities), transferable debts and receivables, non-collateralized debt, asset tokenization distribution of dividends.
We were excited to see the progress Yield Monitor has made in a short amount of time, especially with a small team. This speaks to the quality of their product and their dedication towards building a powerful database infrastructure foundation. We are excited to see the features they are preparing for DeFi investors and their utility in building a truly accessible, multi-chain DeFi community — one in which DeFiChain will play a large role.
— Mark Pedevilla, DeFiChain Ambassador and News Anchor
More About DeFiChain
DeFiChain is an open-source blockchain project dedicated to fast, intelligent and transparent decentralized financial services, accessible by everyone. It is comprised of a global team of core contributors, supported by a community of developers.
Learn More: https://defichain.com/
Developer Tools: https://defichain.com/developers
DeFiChain Twitter: https://twitter.com/defichain
DeFiChain Discord: https://discord.com/invite/py55egyaGy
DeFiChain Telegram (EN): https://t.me/defiblockchain
Follow DeFiChain: https://defiblockchain.medium.com/
DeFiChain White Paper: https://defichain.com/white-paper
Download Wallet, App & Advanced Tools: https://defichain.com/downloads
More About Yield Monitor
Yield Monitor is a building a multi-chain portfolio tracking database toolkit for DeFi investors and developers.
Learn More: https://www.yieldmonitor.io/
Track Assets (Beta): https://app.yieldmonitor.io/
Follow Yield Monitor: https://twitter.com/YieldMonitor
Telegram Announcements: https://t.me/yieldmonitor
Discord Community: https://discord.com/invite/Gx7uQUTvqB