Latest updates from DefiPlaza

44k DFP2 tokens burnt

January 30, 2022

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...

Governance quorum lowered to 25% of circulating DFP2

January 27, 2022

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...

Another 22k tokens burnt

January 21, 2022

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...

CVX now listed on DefiPlaza

January 20, 2022

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...

AMA Recap: Volcanic Gems x DefiPlaza

December 30, 2021

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...

Etherscan integrates DFP2 price

December 6, 2021

Starting today, Etherscan correctly shows the DFP2 price on their platform, taking DFP2 correctly into account when calculating the DefiPlaza token holdings as...

First DFP2 burned

December 5, 2021

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...

AMA RECAP: DeFi Raccoons x DefiPlaza

November 23, 2021

This update first appeared on the official Defi Raccoons Medium channel and has been republished unaltered. Date: 18th of November Host: Angle Guest: DefiPlaza...

AAVE replaced by SPELL token

November 19, 2021

We replaced the AAVE token in our 16 token index with SPELL, after a proposal and subsequent vote on our Governance platform. AAVE is expensive to trade and the swap volume was low. You can...

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