The lowest fees of any
exchange on Ethereum

Upon launch most DEXes ship with a dashboard where you can get some more insight into the liquidity you provided. Ours did not, however, as we wanted to get DefiPlaza out and in your hands as quickly as possible. Today, we finally got around to adding it to our application! With StablePlaza on the horizon, we needed a way for you to be able to manage your funds over both pools. As we completed the dashboard to do just so, we thought to ourselves: “why not just release it right away?” So, be sure check out the brand new liquidity page, where we will show you, your liquidity position based on the XDP2-tokens in your account. In the future we plan to add your staked liquidity to this overview as well!

Today, DefiPlaza released the much-requested support for WalletConnect! When DefiPlaza launched, its User Interface (UI – i.e. the actual website for the app) was built directly on top of the MetaMask wallet. Though this allowed us to develop and launch the platform pretty quickly, it also meant that MetaMask was the only wallet option for our users. Fortunately, MetaMask is very popular and most of our users were fine with this. But of course, there are many more wallets out there, including potential safer options. So, it made sense that many of you requested support for different wallets. WalletConnect especially was high on the list of requests we received. Trials & Tribulations Ok, it was not as bad as the title suggests. However, adding WalletConnect support did take considerably longer than anticipated. That was due to many reasons, including: We’ve had to rewrite & rewire core portions of the UI to allow for multiple wallet options. That took quite a while, to say the least! WalletConnect is considerably less stable than MetaMask, which got us running headlong into problems we had to debug and then work aroundBecause WalletConnect V2 is being pushed by the team, we looked into incorporating that version initially. However, wallet support is severely lacking, so we dropped that to get V1 in for nowHaving multiple wallets also means we had to support a way to switch between wallets in the UI. Long story short: Today we finally reached the point where we would like to share the result of our work with all of you, so you can finally start using WalletConnect in DefiPlaza! Beta When selecting a wallet, you will notice WalletConnect is flagged as “beta”. This is on purpose, as we would be surprised if no one would run into some exotic edge cases that we did not account for. We are also very curious to see WalletConnect be used in the wild, so we can get a better idea of its stability. Issues? If you run into any issues with this new release, let us know on Discord or Telegram!

To celebrate the release of the DeFi Download podcast featuring DefiPlaza (go listen to it if you haven’t yet!) the team has allocated another 0.5 ETH from the arbitrage bot to buy back DFP2 from the exchange and burn it. This has resulted in another 48k DFP2 being bought back from the exchange and sent to the irrecoverable burn address, which now holds 251k tokens or 0.6% of total supply. Happy Sunday!

To celebrate the start of serious StablePlaza development, the team collected the profits from the community run arbitrage bot and used these to buy back and burn DFP2 tokens. As a result, 35846 DFP2 were bought back from the exchange and sent to the burn address, which now holds over 202k tokens that will never return into circulation, making the burn address the 30th largest holder.

To celebrate the release of the new website design, the team collected the profits from the community run arbitrage bot and used these to buy back and burn DFP2 tokens. As a result, 39831 DFP2 were bought back from the exchange and sent to the burn address, which now holds over 166k tokens that will never return into circulation, representing 0.43% of released supply.