Yield Monitor Announces Integration With The DeFiChain Blockchain

Twitter icon  •  Published 3 months ago  •  Nikolas Sargeant

Yield Monitor has announced that DeFiChain joins a group of other leading blockchains on its Yield Monitor database.

Yield Monitor, a multi-chain portfolio tracker for DeFi investors, announced on Wenesday, October 19th, that it had integrated with the DeFiChain (DFI) blockchain.

In a press release shared with Cryptowisser, the team said the DeFiChain (DFI) blockchain has now been integrated into the Yield Monitor database. Hence, making it the platform’s second non-EVM mainnet integration.

Yield Monitor added that DeFiChain is the world’s leading blockchain on the Bitcoin network, dedicated to bringing decentralized financial applications and services to everyone.

Thanks to this latest development, DeFiChain joins Algorand (ALGO), Avalanche (AVAX), Binance (BNB), Ethereum (ETH), Fantom (FTM), and Polygon (MATIC) networks in the Yield Monitor database. 

Yield Monitor’s CEO Christophe Dupont commented that;

“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.”

Yield Monitor added that the integration is designed to enable users to gain insights into the on-chain metrics around DeFiChain. Crypto investors and developers can trail assets held in wallets on the DeFiChain blockchain. They can also route cross-chain transactions to optimize price and efficiency. 

Mark Pedevilla, DeFiChain Ambassador and News Anchor, added that;

“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 a decentralized Proof-of-Stake blockchain created as a hard fork of the Bitcoin network to enable advanced DeFi applications. The blockchain is dedicated to enabling fast, intelligent, and transparent decentralized financial services. DeFiChain offers liquidity mining, staking, decentralized assets, and decentralized loans. 

Yield Monitor, on the other hand, 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.

Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.

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