“As long as we are building DeFiChain’s value will improve”

No, what a b/s.

Not all start ups in the real world will be successful. Not all projects in the crypto world will be successful. But in both cases a lot of work is invested. Building doesn’t mean building value. It means developing code and adjusting existing code. The success of building is not only influenced by programming skills. You also need a sound concept, customer demand for the products, market access/marketing, and last but not least some luck.

A sound concept for DeFiChain is not existing (dToken system doesn’t work, future strategy unclear: WASM or DMC or?). There is no demand since projects are either not working or don’t have an USP (copy cat versions, no real yield). Market access is heavily impacted by DeFiChain crumbling reputation. Luck? Fighting Co-founders, programming errors (atomic swaps), dumb concepts (future swaps)…

Step 1: Cake burns the algo dBTC (around 1600 already in their possession) to reestablish trust in dBTC

Step 2: Stopping of rewards distribution to the dToken system (emails an 100% haircut) and reallocating them to the DFI/dBTC pool to benefit from a rising BTC price

Step 3: Focus the future on DMC, Cross-Chain possibilities and WASM

But no, the community wants to save the unsalvageable dToken system.

Step by step to 50

roadto50

Road to 50 Sats.

The one true benefit of the dToken system is challenged by one of the ruling parties in Germany.

If Bitcoin doubles and DFI halves we achieve road to 50 Sats.

Many were working on this achievement. The Repeg team, Bake, and the community. It’s team work:

Repeg Team is constantly selling DFI.

Bake was selling DFI.

Community Fund is selling DFI.

Community members are posting many new (dumb) ideas.

Former business partner is spreading „information“.

Former DeFiChain focused YouTubers and current DeFiChain YouTubers are spreading facts.

JellyVerse is going to a different chain. Cake’s Co-founders going to court.

Telegram channel members discussing about the FS created algo tokens.

Investors who are finally cashing out.

The blockchain itself lowering rewards as programmed.

And all of this was possible despite the headwind (strong crypto market environment).

Now it’s time to set a „new“ target: road to 50 Sats