Obyte marks ninth anniversary with on-chain governance and new DeFi tools

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Obyte is celebrating its ninth anniversary, marking nine years since it first launched back in 2016 under the name Byteball. Over the years, it has quietly grown into a fully decentralized crypto network, and 2025 has been one of its biggest years yet.

One of the major changes this year is full on-chain governance. This means people who hold Obyte’s main token, GBYTE, can now vote directly on network upgrades and key decisions. They can also help choose Order Providers, the special nodes that keep the network running smoothly and in sync. These providers don’t control or censor transactions — they simply help the system stay organized.

Earlier this year, the community voted in its very first Order Provider. The role went to CariPower, a renewable energy company based in the Caribbean, after receiving more than 31,000 GBYTE votes. The company says it plans to explore real-world uses of the network, including peer-to-peer energy projects.

Another big launch in 2025 was Obyte City. This is a virtual city built directly on the Obyte network. Users can buy digital land plots using CITY tokens, which can be traded on Obyte’s own decentralized exchange. The setup is playful but smart — when two neighboring plot owners connect, they both get houses and extra plots. Everything runs automatically through smart contracts, with rules that can be adjusted by the community through voting.

Obyte’s ecosystem already includes tools for swapping tokens, providing liquidity, cross-chain transfers, prediction markets, donations to open-source projects, and even advanced trading products. It works on a DAG system instead of a traditional blockchain, which helps it stay fast and fully decentralized.

Looking ahead, the team plans to launch Obyte Friends, a new social feature that rewards users for daily activity and community engagement. More DeFi apps, social tools, and sidechains are also planned for 2026.

After nine years, Obyte is no longer just a payment network. It’s growing into a full ecosystem shaped by its users — and it looks like the project is just getting started.