Yield Monitor, a multi-chain portfolio tracker for DeFi investors, today announces the integration of the DeFiChain (DFI) blockchain into the Yield Monitor database, making it the platform’s second non-EVM mainnet integration. DeFiChain is the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone.
DeFiChain joins Algorand (ALGO), Avalanche (AVAX), Binance (BNB), Ethereum (ETH), Fantom (FTM), and Polygon (MATIC) networks that have been incorporated into the Yield Monitor database.
“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,” said Yield Monitor’s CEO Christophe Dupont.
The integration will enable users to gain insights into the on-chain metrics around DeFiChain. Investors and developers will be able to trail assets held in wallets on the DeFiChain blockchain and also route cross-chain transactions to optimize price and efficiency.
“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,” commented Mark Pedevilla, DeFiChain Ambassador and News Anchor.
DeFiChain is an open-source blockchain project dedicated to fast, intelligent and transparent decentralized financial services, accessible by everyone. It is composed of a global team of core contributors, supported by a community of developers. Being non-Turing complete, DeFi transactions on DeFiChain flow quickly and smoothly at low gas rates, and have a reduced risk of smart contract errors.
About DeFiChain
DeFiChain is a decentralized Proof-of-Stake blockchain created as a hard fork of the Bitcoin network to enable advanced DeFi applications. It is dedicated to enabling fast, intelligent, and transparent decentralized financial services. DeFiChain offers liquidity mining, staking, decentralized assets, and decentralized loans. The DeFiChain Foundation’s mission is to bring DeFi to the Bitcoin ecosystem.
Media contact: Benjamin Rauch, [email protected]
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About Yield Monitor
Yield Monitor is a multi-chain portfolio tracking database toolkit for DeFi investors and developers. It offers various asset, liquidity pool, and yield farm performance data in the form of wallet tracking and visual charting tools. The team is building additional features, like impermanent loss tools, order book and trade volume metrics, and asset lists for users to track similar liquidity pools and yield farms across different protocols.
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For more information, visit: Website | Twitter | Discord | Telegram
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Source: https://thecryptobasic.com/2022/10/19/yield-monitor-integrates-the-defichain-blockchain-to-give-investors-insights-into-its-on-chain-metrics/?utm_source=rss&utm_medium=rss&utm_campaign=yield-monitor-integrates-the-defichain-blockchain-to-give-investors-insights-into-its-on-chain-metrics