General Information

DeFiChain Einstein

Today I would like to introduce you to a new community project: DeFiChain Einstein. This is a new tool developed by a group of community members to help DeFiChain investors with their investment decision.

Core functionalities

The main functionality of DeFiChain Einstein is the calculation of the Impermanent Loss impact on the return of liquidity mining investments.

For this purpose, DeFiChain Einstein provides a tool which, based on

  • the selected liquidity pool,
  • the selected investment strategy (currently in beta),
  • predicted future prices,
  • and the own time horizon,

calculates the following information:

  • Impermanent Los
  • Yield with Liquidity Mining
  • Return without liquidity mining

For this, DeFiChain Einstein uses the Ocean API to calculate current prices of tokens as well as the current APR (reward + commission).


According to the official roadmap of DeFiChain Einstein, the tool will be continuously developed and there will be many new functionalities in the next weeks/months.

Among others:

  • Compounding / Reinvestment (currently in beta)
  • Inclusion of reducing block rewards (currently in beta)
  • Choose between Oracle and DEX prices
  • Comparison with Staking Rewards
  • Comparison of different investment strategies
  • Comparison with different vault strategies (e.g. via vault maxi)

More information on the roadmap is made available by the team: Roadmap


DeFiChain Einstein is very simple. Just follow the steps below:

1. Just visit (for the current beta version:

2. Choose your liquidity pool

3. Enter your predicted future prices

4. Choose your time horizon

Et voilà, DeFiChain Einstein will calculate the rest for you and show you all the information.

1. APR (Current Annual Return of the Liquidity Pool)

2. Impermanent loss

3. Actual return (Actual Return)

4. Actual return without liquidity mining

Additionally you can enter your planned investment. Then DeFiChain Einstein will also calculate your actual return based on your investment.

Please note:
The DeFiChain Einstein tool currently does not consider that the block rewards are regularly lowered, the DFI price fluctuates and it currently does not consider reinvestments. Therefore, you cannot be sure that the rewards will come in as indicated. It is therefore more of a guide or helper tool, as no one can predict future returns.

General Information

In this blog post we would like to present the tool , which offers both a graphical overview of your own assets and support for tax purposes.

With, Martin Schmeisser has developed a website that DeFiChain users can use to clearly analyze their rewards from liquidity mining and staking, for example for tax returns. The rewards received can be filtered by periods, pools or tokens. Furthermore, a graphic and analogue overview of all existing assets and rewards is given. In the latest function , which is currently still in beta, users can also track individual transactions including their value. This includes sending, receiving, adding and removing liquidity, swaps and many more.

To start, one or more wallet addresses must first be inserted using the gear wheel in the top right corner. It is possible to analyze these at the same time and show or hide them at will. At this point it is also possible to switch between German and English and change the currency display.

After successfully entering wallet addresses, an overview of the current assets and the rewards received so far can be called up via the ” Rewards ” menu item. Numerous setting options for the display are possible. Liquidity tokens can be removed from the display via LPs & UTXOs. “Show Value” is used to set whether the actual number of tokens or the monetary value should be displayed. The graphically displayed blocks can be removed or displayed via “Show Debit” and “Show Credit”.

Rewards and commissions received so far can be seen in the lower area. These can be filtered and aggregated according to different time periods (daily to annually). Furthermore, the rewards can also be displayed depending on the pool or token. A particularly important function is exporting: the rewards displayed can be exported as a CSV file and can therefore be used to support tax returns.

In the next menu item “ Diagram ”, the rewards shown here can also be displayed graphically as a bar chart. Here, too, adjustments can be made according to time periods, pools or tokens.

The next menu item ” History ” is currently still in beta, but can already be used. All transactions made by the wallet addresses can be displayed here. This includes, for example, sending, receiving, adding or removing liquidity, swaps and many more. The display of transaction types can be (de)activated as you wish. The respective transaction value is displayed in the cryptocurrency used, as well as the monetary equivalent and the transaction fees paid. The data is taken directly from the blockchain and each transaction is also linked to DeFiScan. Here, too, the data can be exported as a CSV file and processed further. is therefore a helpful tool to get a graphic and analogue overview of your own assets and income. It also offers the important feature of sorting rewards and transactions into different time periods, which can then be exported as a CSV file and used to support tax purposes.

General Information

In this blog post we would like to introduce the tool , which is intended to make using DeFiChain even easier and provide detailed overviews of your own assets.

Igor Shelkovenkov offers several tools on his website to get a better overview of your own assets at DefiChain. The website is open-source and the code can be accessed at any time via Github . There are also 6 different languages available (DE, NL, EN, RU, ES, FR) and numerous different currency displays. The functions offered include a dashboard , an overview of all your own assets and liabilities, an income calculator including forecasts , an overview of the price development of DFI, various DeFiChain statistics and trading views and other calculators . In order to be able to use the functions, you must first enter your own wallet address in the settings at the bottom left.

After successful entry, a small overview of current stocks is displayed on the right-hand side. In the settings you can also decide whether the data is retrieved live via the wallet or whether you prefer to enter the stocks manually without a wallet. Furthermore, the refresh period can be used to decide how often the data is updated.

Investments in liquidity pools, staking and other stocks can be displayed graphically and analogously via the dashboard (home button top left). In addition, it is also calculated how high the respective income is over certain periods of time (minutes to a year). The stocks and income rates displayed can also be displayed in more detail in the functions below and broken down into the income of the individual pools.

In the next step, various forecasts for your own payouts can be created. Various periods of time and the frequency of reinvesting can be selected. The orange bar shows the monthly earnings in DFI if reinvested and the light blue bar if no reinvestments are made.

The four other functions can be used independently of your own wallet. This includes trading charts on the various cryptocurrencies and derivatives offered on DeFiChain. Furthermore, various statistics such as the respective trading volume, total value locked, respective reward rates and much more can be displayed. Finally, a calculator is also available in which fictitious calculations for staking or liquidity mining can be carried out.

DeFiChain-income therefore offers numerous functions with which various overviews of your own assets can be displayed and, above all, the forecast development of the rewards can be calculated. In addition, the website bundles other practical functions such as various calculators and trading charts in one place.

General Information

Liquidity Mining with DeFiChain

What is Liquidity Mining?

In the following article, I provide an overview of liquidity mining in general and explain how exactly liquidity mining can be used on DeFiChain.

Liquidity mining is one of the core mechanisms for Decentralized Finance. Basically, the term liquidity mining describes the provision of liquidity for exchange (swap) on decentralized platforms. Each user can provide one cryptocurrency pair as liquidity depending on the pools offered. This will allow other users to exchange Bitcoin for Ethereum, for example, without the need for a central authority to implement the trade in trust and maintain an order book. Liquidity is provided without an intermediary party, but directly via smart contracts, through which all transactions in the respective pool are executed. There are fees for swapping cryptocurrencies on the part of a decentralized platform. These fees are then paid to liquidity providers on a pro-rata basis to incentivise the deposit of capital and cover transaction fees. Liquidity mining can therefore be used to generate passive income on its provided cryptocurrencies. As a further incentive, most of the platforms offer their own tokens that are additionally paid out to the deployers. These tokens can in turn serve as governance tokens for the platforms, to be used to negotiate and conduct democratic votes on changes to the platform. In addition, these tokens often have value themselves and can either be exchanged for other tokens or FIAT money, or used to perform other activities on the platform (including staking).

Liquidity Mining with DeFiChain

DeFiChain offers multiple trading pairs for exchanging cryptoassets on its own decentralized exchange and, accordingly, the associated liquidity pools. Currently (06.12.2021), 8 pools of cryptocurrencies are offered, each in exchange with its own cryptocurrency DeFiChain (DFI). These include Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin and three stablecoins (USDT, USDC and DUSD). Since 06.12.2021, numerous shares and ETFs are also offered, which can be invested together with the own stablecoin DUSD for liquidity mining. These include prominent stocks like Tesla, Gamestop, and Palantir, and ETFs like ARK or SPY (S&P 500). In return for providing liquidity, users receive an APR of partly EUR 1,000. over 200% depending on the trading pair. Basically, the greater the value of the entire pool, the lower the rewards, as these are divided between the users. In order to provide liquidity on DeFiChain, the DeFiChain app is first required, including the internal wallet. Once the app and wallet are set up, DFI can be sent to the wallet address and all DeFi features can be used. In order to provide liquidity, an equal share of value (meaning an equal value in USD, for example) of DFI and another cryptocurrency is required in each case, or dUSD and a dShare. So for example. 1 BTC (price $48,000 on 06/12/2021) and approximately 10,666 DFI (price $4.50 on 06/12/2021). The internal trading place can be used for this purpose.

Step-by-Step Guide

Setup and overview wallet

After successfully installing the mobile app and creating a wallet, all features can be accessed. In the two screenshots below, under the first tab “Credit”, you can see what a successful connection with an active wallet including credit looks like. Via “Receive”, the cryptocurrencies supported by DeFiChain can then be sent to one’s own wallet and subsequently used for liquidity mining.

Token exchange via DEX

To perform a swap on the trading venue in the next step, the sub-item Token Swap is selected in the app bar under the DEX tab. The desired amount of DFI or another offered cryptocurrency can then be exchanged there. When an amount is entered, the marketplace automatically calculates the equivalent value of the other currency. A certain fee is charged for such trading, which is then passed on to the liquidity providers. Above all, these fees are the reward and incentive for the providers.

Adding liquidity

In order to be able to provide liquidity, the sub-item Add liquidity is selected under the DEX tab. In this window all available pools can be viewed with the existing liquidity and APY. The desired trading pair is selected from these pools. After the appropriate pool has been selected, it can now be decided which quantities of the trade pair will be inserted. DeFiChain automatically calculates after entering one side (e.g. Bitcoin) how much has to be used on the other side (e.g. DFI). After the selection has been made, it is still possible to see how large one’s own share of the entire pool is before confirming the entire transaction with Supply. Among other things, this is relevant for the calculation of the so-called Impermanent Loss(link to Impermanent Loss Calculator). In principle, the cryptocurrencies inserted can also be withdrawn at any time in the previous menu via the own pools and used for other purposes.

Below is an overview of all available trading pairs with the current APR (09.12.2021)

The mobile app can be downloaded from the Apple App Store and Google Play Store using the links below. In addition, it is also possible to use a desktop app on a PC or laptop for Windows, Mac and Linux. As with all other blockchains, all transactions made, total value locked, masternodes and oracles used can be transparently monitored via