A new chapter for #DeFiChain!
The transition was completed on 1 October 2025: our blockchain is now 100% community-driven.
What this means in practice:
➡️ The original centralised entities have fully stepped back from operational control.
➡️ The community now owns and manages all official platforms, social media accounts, and domains.
➡️ Governance decisions are made transparently through community processes.
➡️ Special Interest Groups (SIGs) coordinate and drive key initiatives across the ecosystem.
• Marketing SIG
• Development SIG
• Oracle SIG
• Token Economy SIG
Want to get involved? Everyone is welcome! If you're interested in any of these areas, you can start contributing right away. Visit our website or any of our official channels to find the relevant links and connect with the community. 🤝🌐
#DeFiChain $DFI
Open Follow-up Request to @Bake_io and @LSE_GST
Several days ago, we publicly asked a number of straightforward questions regarding the approximately 12,000 DeFiChain Masternodes previously operated by Bake.
Once again, there has been no response whatsoever.
At this point, the issue is no longer a lack of communication—it is a deliberate decision to remain silent.
For any company entrusted with customer assets and operating within the digital asset industry, this level of non-communication is unacceptable. Customers, partners and the wider community expect transparency, accountability and timely communication. Months of silence are incompatible with those expectations.
The questions remain simple:
• Who currently controls the ~12,000 DeFiChain Masternodes?
• Where are the Masternode rewards being allocated?
• What are the long-term plans for these nodes?
• Is @Bake_io / @LSE_GST willing to engage with the DeFiChain community at all?
The DeFiChain community has made every reasonable effort to establish constructive dialogue. Those efforts have been met with silence.
Ignoring legitimate questions does not make them disappear. It only damages confidence and raises further concerns about the stewardship of a significant portion of the DeFiChain ecosystem.
If @LSE_GST and @Bake_io intend to be regarded as responsible and credible participants in the digital asset industry, they should begin by communicating openly with the community whose infrastructure they continue to control.
The community deserves answers. Continued silence is no longer an acceptable response.
#DeFiChain #DFI #Bake #GST #Transparency #CommunityFirst
Open Request to @Bake_io, @LSE_GST.
For months, the DeFiChain community has been making genuine efforts to establish a constructive dialogue regarding the future of the approximately 12,000 DeFiChain Masternodes previously operated by Bake.
Representatives of the community reached out to Bake/GST and discussions did take place. Unfortunately, no meaningful outcome followed. Since then, communication has come to a complete standstill.
These Masternodes are a significant part of the DeFiChain ecosystem. The community deserves transparency and clarity about their future.
We respectfully ask for an official statement:
• Who currently controls the ~12,000 DeFiChain Masternodes?
• Where are the Masternode rewards currently being allocated?
• What are the long-term plans for these Masternodes?
• Is @Bake_io / @LSE_GST willing to re-engage in an open dialogue with the DeFiChain community?
The community has shown patience and repeatedly sought constructive communication.
Unfortunately, months of silence have only created uncertainty.
Transparency is not a privilege—it's the foundation of trust.
We sincerely hope it's time to break the silence.
#DeFiChain #DFI #Bake #GST #CommunityFirst
You should be ashamed @0xShayne@bake_io@LSE_GST !
I have rarely witnessed such a complete lack of professionalism, accountability and respect from the management of a company operating in the digital asset industry.
For months, the DeFiChain community has made genuine and repeated efforts to establish a constructive dialogue. Those efforts have been met with silence, avoidance and a complete disregard for legitimate questions regarding assets that are of significant importance to this ecosystem.
Your conduct throughout this entire process has been nothing short of disgraceful. It demonstrates a level of corporate governance and stakeholder communication that falls far below what any customer, partner or community should reasonably expect.
Ignoring difficult questions does not make them disappear. It only destroys trust and raises even more serious concerns.
If this is the standard by which you choose to lead your organization, then, in my opinion, it reflects a management team that has fundamentally failed in its responsibility toward the community affected by its decisions.
I expected professionalism. What I experienced was the exact opposite. Well done.
Thank you for your reply.
Despite all the difficulties, we’re carrying on. We’ve reorganised ourselves.
The masternodes are very important to us, as are the ongoing rewards.
We don’t know what was agreed with Bake back then.
If there’s anything you can do to help us, the community would be grateful.
Even if you’re no longer involved.
Open Request to @Bake_io, @LSE_GST.
For months, the DeFiChain community has been making genuine efforts to establish a constructive dialogue regarding the future of the approximately 12,000 DeFiChain Masternodes previously operated by Bake.
Representatives of the community reached out to Bake/GST and discussions did take place. Unfortunately, no meaningful outcome followed. Since then, communication has come to a complete standstill.
These Masternodes are a significant part of the DeFiChain ecosystem. The community deserves transparency and clarity about their future.
We respectfully ask for an official statement:
• Who currently controls the ~12,000 DeFiChain Masternodes?
• Where are the Masternode rewards currently being allocated?
• What are the long-term plans for these Masternodes?
• Is @Bake_io / @LSE_GST willing to re-engage in an open dialogue with the DeFiChain community?
The community has shown patience and repeatedly sought constructive communication.
Unfortunately, months of silence have only created uncertainty.
Transparency is not a privilege—it's the foundation of trust.
We sincerely hope it's time to break the silence.
#DeFiChain #DFI #Bake #GST #CommunityFirst
Open Request to @Bake_io, @LSE_GST.
For months, the DeFiChain community has been making genuine efforts to establish a constructive dialogue regarding the future of the approximately 12,000 DeFiChain Masternodes previously operated by Bake.
Representatives of the community reached out to Bake/GST and discussions did take place. Unfortunately, no meaningful outcome followed. Since then, communication has come to a complete standstill.
These Masternodes are a significant part of the DeFiChain ecosystem. The community deserves transparency and clarity about their future.
We respectfully ask for an official statement:
• Who currently controls the ~12,000 DeFiChain Masternodes?
• Where are the Masternode rewards currently being allocated?
• What are the long-term plans for these Masternodes?
• Is @Bake_io / @LSE_GST willing to re-engage in an open dialogue with the DeFiChain community?
The community has shown patience and repeatedly sought constructive communication.
Unfortunately, months of silence have only created uncertainty.
Transparency is not a privilege—it's the foundation of trust.
We sincerely hope it's time to break the silence.
#DeFiChain #DFI #Bake #GST #CommunityFirst
A new chapter for #DeFiChain!
The transition was completed on 1 October 2025: our blockchain is now 100% community-driven.
What this means in practice:
➡️ The original centralised entities have fully stepped back from operational control.
➡️ The community now owns and manages all official platforms, social media accounts, and domains.
➡️ Governance decisions are made transparently through community processes.
➡️ Special Interest Groups (SIGs) coordinate and drive key initiatives across the ecosystem.
• Marketing SIG
• Development SIG
• Oracle SIG
• Token Economy SIG
Want to get involved? Everyone is welcome! If you're interested in any of these areas, you can start contributing right away. Visit our website or any of our official channels to find the relevant links and connect with the community. 🤝🌐
#DeFiChain $DFI
A new chapter for #DeFiChain!
The transition was completed on 1 October 2025: our blockchain is now 100% community-driven.
What this means in practice:
➡️ The original centralised entities have fully stepped back from operational control.
➡️ The community now owns and manages all official platforms, social media accounts, and domains.
➡️ Governance decisions are made transparently through community processes.
➡️ Special Interest Groups (SIGs) coordinate and drive key initiatives across the ecosystem.
• Marketing SIG
• Development SIG
• Oracle SIG
• Token Economy SIG
Want to get involved? Everyone is welcome! If you're interested in any of these areas, you can start contributing right away. Visit our website or any of our official channels to find the relevant links and connect with the community. 🤝🌐
#DeFiChain $DFI