Taking one more step towards ensuring a better user experience at UniFarm, we are proud to announce a partnership with DAFI protocol, a unique reward distribution model leveraging the power of blockchain.
DAFI Protocol creates an inflation model that can significantly contribute to the widespread adoption of blockchain networks. It enables any project with a token to seamlessly integrate synthetic dTokens to create a dynamic staking/rewards mechanism that considers demand and the overall health of the economy.
How Will This Partnership Work?
With this partnership, both UniFarm and DAFI Protocol will be collaborating on a collective front for the overall betterment of UniFarm users.
Users will be able to farm DAFI Protocol’s synthetic dTokens by staking native crypto tokens of listed projects on UniFarm.
“UniFarm is an extremely promising staking program, and we are happy to join forces to make sure we are building the future of DeFi together. Synthetic assets will fuel sustainability and will simulate further long-term network activity in UniFarm staking program,” said Zain Rana, Founder of DAFI Protocol.
This partnership with DAFI Protocol will help to unlock better rewards for UniFarm users.
“DAFI Protocol is an excellent project and very aligned with the long term vision of UniFarm. Adding synthetic dTokens to our program will certainly expand the opportunity for our users to earn synthetic tokens along with crypto tokens,” said Mohit Madan, Co-Founder of OpenDeFi.
About DAFI Protocol
DAFI Protocol creates network-pegged synthetics to reward an economy. These synthetics are distributed to users in a reduced quantity to protect a token from hyperinflation. They can maintain a decentralized network’s staking, liquidity, and participation – without a high token issuance rate.
UniFarm is one of a kind staking solution where the best projects in DeFi space come together to provide value to investors. UniFarm allows you to stake one token but earn multiple high-value tokens, so in addition to a great APY, your returns are automatically diversified as well.