Sunday, February 5, 2023
HomeBlockchain`Yield Monitor Integrates DeFiChain blockchain, Providing Exposure to On-Chain Metrics

Yield Monitor Integrates DeFiChain blockchain, Providing Exposure to On-Chain Metrics

In a recent announcement, Yield Monitor, a multi-chain portfolio tracker for DeFi investors, revealed that the DeFiChain (DFI) blockchain has been integrated into the Yield Monitor database. This is the platform’s second non-EVM mainnet integration. When it comes to providing users with access to decentralized financial apps and services, DeFiChain is unrivalled as the leading blockchain on the Bitcoin network.

Yield Monitor now includes DeFiChain with other networks like Algorand (ALGO), Avalanche (AVAX), Binance (BNB), Ethereum (ETH), Fantom (FTM), and Polygon (MATIC).

Yield Monitor’s CEO Christophe Dupont stated:

“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.”

Users will be able to better understand DeFiChain’s on-chain data thanks to this integration. The DeFiChain blockchain will enable investors and developers to track the whereabouts of assets stored in wallets and to route cross-chain transactions in order to achieve optimal pricing and throughput.

Mark Pedevilla, DeFiChain Ambassador and News Anchor stated:

“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.” 

DeFiChain is an open-source blockchain project working toward fast, smart, and transparent decentralized financial services for all users. It is made up of a core group of contributors from all around the world, with help from an even larger community of developers. Due to the fact that DeFi transactions on DeFiChain are non-Turing complete, they go without hiccups, at low gas costs, and with little chance of smart contract error.



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