DeFiChain protocol undergoes major upgrade, Grand Central: What changes?
Grand Central upgrade boasts four main updates to the technical design of the DeFiChain ecosystem. These updates include the implementation of on-chain governance, the creation of a token consortium framework, updating masternode parameters, changes in pool commissions and reward rates.
U-Zyn Chua, co-founder of DeFiChain, highlights the importance of Grand Central hard fork activation for both transparency and the developer experience of DeFiChain:Grand Central marks a major step in DeFiChain's governance structure since it is implementing on-chain governance. This makes the voting processes perfectly transparent, easier and strengthens the governance structure of DeFiChain. A major step for the whole ecosystem.
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