LOCK.space

DFX discontinues commitment to the DeFiChain DFX is holistically discontinuing its commitment to DeFiChain. This includes, in addition to the communication already suspended for months, the DFX DeFiChain Wallet already removed from the App Stores and, in particular, as of now, the FIAT On-Ramp and, probably as of December 31, 2023, the Fiat Off-Ramp. DeFiChain was a project for us with the clear goal of building a truly decentralized community and blockchain. We honestly believed in this vision and tried our best to work towards it. Unfortunately, in our opinion, we have not achieved this goal and currently see no chance of being able to achieve it. Besides Cake, there are only LOCK and DFX on the base layer and unfortunately no other significant companies that have successfully built something. This, in our opinion, makes the vision of a truly decentralized DeFi Blockchain with a diverse ecosystem not realistic. This decision follows a long decision process and has not been easy for the team. The DeFiChain was the base on which the team had found each other. With a lot of hard work and dedication, a very good product was created for our customers. The exclusively positive feedback on DFX's service has always been our driving force and we are very grateful for the trust placed in us. As previously communicated, DFX continues to focus on creating an outstanding buying and selling experience as a payment provider for the cryptospace, focusing on Bitcoin, Lightning and Ethereum, as well as Layer 2 solutions. The DFX DeFiChain wallet will continue to be available to all existing users who have already installed the app, as it is a non-custodial app controlled by the user. DFX's off-ramp service is expected to remain enabled through the end of the year. On-ramp for DeFiChain will be disabled effective immediately. Any purchases made will be automatically returned. LOCK, as an independent company, is not affected by this decision. Customers of LOCK can still access their funds at any time without DFX using JellyWallet. DFX does not have and has never had any business relationship with CakeDeFi. Please note that neither DFX nor DFX employees would ever ask for your seed phrase. Never share this with a third party.

The easiest way to buy $BTC directly in self-custody. Period. Agree? Like and Retweet! #Bitcoin

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