The popular multi-chain portfolio tracker for DeFi investors Yield Monitor has announced the integration of the DeFiChain (DFI) blockchain into its database making the platform’s second non-EVM mainnet integration.
The Yield Monitor database already includes various cryptocurrency projects, such as 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.”
Yield Monitor’s CEO Christophe Dupont.
For your information, DeFiChain is an open-source blockchain system on the Bitcoin network devoted solely to DeFi — decentralized financial applications and services. DeFiChain’s current functionality supports tokenized BTC, ETH, USDT, DOGE, LTC, and BCH on the DeFiChain DEX, enabling liquidity mining for each of these coins.
Developed by the DeFiChain Foundation to bring DeFi to the Bitcoin network, the platform has evolved into the world’s leading blockchain. The platform allows users extensive accessibility to their favorite assets without imposing any geographical restrictions.
The integration will facilitate information sharing among several projects on DeFiChain by revealing metrics about the decentralized network. On the other hand, investors will be able to check DeFiChain nodes and also trace cross-chain transactions to optimize usability and pricing.
“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.
Mark Pedevilla, DeFiChain Ambassador and News Anchor.
Related News
Author
Owais takes care of Hackread’s social media from the very first day. At the same time He is pursuing for chartered accountancy and doing part time freelance writing.
