Release note

2023

21st June

3rd Halving

  • Halving will proceed on both chains of Definix on 21st June at 7 pm. (GST+9)

Read full announcement here

2022

21st June

Halving

  • Halving will proceed on both chains of Definix on 21st June at 7 pm. (GST+9)

Farm reorganization

  • According to the vFINIX holder's decision, Farm is being reorganized with the halving. FINIX reward to the some of Farms will be cut and the FINIX has been being distributed those Farms will be distributed to the other Farms.

  • To see the farms where the reward is cut, go to Farm and turn on the "Finished" toggle button. Also, if you still have FINIX to harvest, you can do it in that too as well.

For the detail of the halving and Farm reorganization, please refer to the link. See the detail of the halving and Farm reorganization

>> See the detail of the halving and Farm reorganization

27th May

  • KBNB token's official symbol is replaced by oBNB. BNB excepted to be involved at the last update on 4th May. With today's update, it is available to use Farm and Rebalancing farm including BNB as usual.

  • Klaytnfinder is the new block scanner applied.

4th May

Fixed and Improved

  • Several words that may cause confusion in the Superstake were replaced. At the same time, the period end is corrected. The official symbols of the wrapped token through Orbit bridge were changed. The symbols are started with "o" instead of "K" so these changes are reflected in Definix.

  • A couple of images didn't appear properly or were broken since Favor farms have been added, but these issues are fixed.

  • Even though these improvements are not obvious because those are detailed stuff, we will keep implementing them to provide a better service environment.

28th Apr

Favor listing and new farms added

  • Definix is ​​the first DEX to list Favor, the governance token of the NFT project, which has been recently drawing the most attention on the Klaytn Chain.

  • 800,000 FAVOR tokens have been supplied to 4 liquidity pools, which allows FAVOR tokens to be traded as well as to yield FAVOR by supplying liquidity.

  • New farms

    • FAVOR-FINIX Daily distributed reward: 2027.775 FAVOR, at least 864 FINIX (will be added within 7 days since the new farm added)

    • FAVOR-SIX Daily distributed reward: 2027.775 FAVOR, at least 864 FINIX (will be added within 7 days since the new farm added)

    • FAVOR-KLAY Daily distributed reward: 2027.775 FAVOR, at least 864 FINIX (will be added within 7 days since the new farm added)

    • FAVOR-KUSDT Daily distributed reward: 2027.775 FAVOR, at least 864 FINIX (will be added within 7 days since the new farm added)

    >> How to supply liquidity >> Staking in Farm >> How to add Favor contract address

Fixed and Improved

  • Words and texts in Pool/Farms are changed to provide better service. As a result of introducing more intuitive words and texts, it is expected that users can see their asset volume or how much they earned from Definix.

  • Related to the listing of Favor, UI is added to help users can make transactions with Favor.

29th, Mar

Voting

  • There are three voting rounds in progress currently.(APR adjustment vote, Votes to decide whether to weight tokens, Halving schedule adjustment vote) We ask for your participation and interest as we intend to determine the direction of Definix by reflecting the opinions of holders.

  • The result of APR adjustment vote and Votes to decide whether to weight tokens will be applied at 6:00 PM (GST+9) on Wednesday, April 6th. More details can be found in the agenda, please refer to the following link. >> Go to see agendas

Fixed and Improved

  • There have been overall improvements to wallet connection. In particular, Klip users will be able to feel the improvement in the wallet connection process and better usability more significantly. Although not revealed through this work, usability improvements have been made in many areas, and it is expected that we will be able to provide a better user experience.

  • Information appearing policy such as the staking period of the Long-term staking pool and the time when the lockup is released upon early unstaking has been improved, making it easier to understand information.

  • The Rebalancing farm service has been resumed. In this work, automatic trading of the rebalancing farm continues while the network fails, and this is supplemented and improved by identifying exceptions that may cause some loss. The initial response was a simple fix, but the smart contract was revised and issued to prevent recurrence in the future. For the amount of price differences that occurred during the network failure period and work period, the company put funds to recover the price gaps of the assets of all rebalancing farm users. We will continue to do our best to make Definix safer and more secure for all. Thank you.

15th, Mar

Fixed and Improved

  • When Kaikas network is not connected to the mainnet, diverse information like the price of FINIX, information about Pool, Farm, and Rebalancing farm do not appear. Notification is added to inform instantly whether the network is connected to mainnet or not.

  • If you want to track the price of FINIX, simply click the price of FINIX to see the FINIX chart in the LoremBoard. It would be great if it can help you to invest effectively a little bit more than before.

  • Lockup time appears correctly now when you do early unstake of Long-term stake. The lockup period is according to the period of the Long=term stake and it is from 7 to 28 days from the moment you unstake. >> Early unstake the Long-term stake

Farm reward distribution policy adjustment voting

With the 3rd round of the APR adjustment voting, the Farm APR reward distribution policy adjustment voting is in progress. Both voting results take effect on March 23rd at 6 pm, more details can be found in the agenda. >> Go to see agendas

9th, Mar

Vote result reflected

  • APR is adjusted followed by the result of the voting that had been executed since 28th Feb midnight for a week. This result that is effective from 9th Mar, is valid for the next voting result.

  • Next APR adjustment voting is scheduled to begin at 6 pm, 14th Mar(GMT+9) for a week. The result of the voting will be applied in 48 hours.

Farm reward distribution policy adjustment voting

Rewards based on voting results are currently entirely determined by the percentage of votes cast. In the last two voting rounds, the APR of some farms with a rather low status in the Definix ecosystem was high because, in fact, the voting results were reflected without discrimination.

We have not weighed in the Farm APR adjustment vote so far because we believe that a rich and diverse liquidity supply for the Definix ecosystem is essential in the long term. However, there are growing concerns about the possibility that the current voting operation policy will act as a downward pressure on the value of FINIX and the relatively low attractiveness of the Farm containing FINIX. Therefore, we would like to hear the opinions of holders for and against this and decide the direction of the policy.

23rd, Feb

Vote result reflected

  • APR is adjusted followed by the result of the voting that had been executed since 14th Feb midnight for a week. This result that is effective from 23rd Feb, is valid for the next voting result.

  • The next voting is scheduled to begin the midnight of 28th Feb for 7 days. The result of voting will be applied in 48 hours.

7th, Feb

Feature added

  • Voting feature is open. vFINIX holders can vote for their vFINIX wherever they want, starting with a minimum of 10 vFINIX and without any quantity limit. Along with the proposals for APR adjustment, we will also make the FINIX distribution policy and voting operation policy public as soon as possible.

Fixed and Improved

  • Fixed an issue where the wallet connection was often disconnected or the language was changed while using the website. Although it is not a noticeable change, we will continue to improve it so that you can use it more comfortably.

Jan 25th

Feature added

  • FINIX price exposure You can see the price of FINIX anytime on the top of the screen. So you can check the real-time price of FINIX and make transactions conveniently.

Fixed and Improved

  • Now you can harvest every FINIX reward including Long-term stake pool. Since there were only individual responses on the issue, we will inform you of the news together.

  • Several minor things that were even not to be seen on the screen were fixed.

Others

  • A guide is added to Documents that can help when you can't see the liquidity in the list. Please refer to Import LP.

Jan 18th

Feature added

  • LP import

Fixed & Improved

  • Miscellaneous design items

    • Connect wallet pop-up layout

    • Value input layout in modals

    • Line break of Super Stake tab

    • Font and size adjustment of some of texts

    • Table style in the Rebalancing farm

    • Design modification of Notice area

Jan 10th

Feature added

  • Super Stake

  • Voting(only just the tab added)

Fixed & Improved

  • Default the wrong value of slippage

  • Miscellaneous design items

  • Several words and text

2021

Dec 28th

Feature added

  • Long-term stake

Fixed & Improved

  • Klip wallet error

  • Transaction error occurring Harvest all

  • Toast message for the token "Wrap/Unwrap" according to complete or failure

  • The document logo replaced

  • "Stake/Remove" button error in the Farm/Pool staking

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