After a community Ticker vote, DeFiChain has added four new dTokens—its native form of decentralized assets—to the ecosystem.
The newly introduced dTokens are $dINTC (Intel Corporation), $dMCHI (iShares MSCI China ETF), $dDIS (Walt Disney Co) and $dMSTR (MicroStrategy Incorporated), according to a press release obtained by CoinJournal.
DeFiChain community members can now mint and trade these newly approved dTokens.
Significant progress
With the addition of these dTokens, DeFiChain users gain exposure to price movements in stocks, ETFs, and other traditional asset classes such as commodities and bonds.
The blockchain already supports dTokens that track companies and indices including Alibaba, GameStop, Tesla, Apple, Nasdaq-100, Nvidia, Netflix, Meta, Amazon, Microsoft, and many others, spanning a wide range of stocks and ETFs.
Prasanna Loganathar, DeFiChain’s lead engineer, noted:
DeFiChain continues to expand the dToken universe to provide users with a robust alternative to traditional financial intermediaries—while preserving the flexibility and benefits of decentralization.
dTokens are among DeFiChain’s most innovative offerings, and the platform is unique in delivering decentralized asset exposure anchored to the Bitcoin ecosystem.
Access favorite assets worldwide
dTokens provide price exposure but are not the same as securities. They do not convey voting rights, ownership, dividends, or other shareholder perks. Instead, they track and reflect asset price movements using oracle feeds and other on-chain mechanisms.
At the same time, dTokens allow people across the globe to gain price exposure to assets they might not otherwise access by minting or purchasing tokens.
This capability can open opportunities for millions of users who face trading restrictions, geographic barriers, or other hurdles that limit direct investment in U.S. equities or other markets.
Tokens can be used for liquidity mining and trading
dTokens can be deployed for liquidity mining on the DeFiChain DEX, held as investments, or traded on-chain. To mint dTokens on-chain, users must post collateral in BTC, DFI, dUSD, USDT, or USDC.
Users may also acquire dTokens without minting them by purchasing fractional amounts on the DeFiChain DEX, enabling passive income strategies through liquidity provision. dTokens can be transferred peer-to-peer anywhere in the world without intermediaries.
Finally, those who choose to hold decentralized stock tokens on DeFiChain do not undergo identity verification, since DeFiChain operates as a fully decentralized blockchain governed on-chain.