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UNFI sets new expectations for Launchpool tokens. Unifi Protocol ($ UNFI), Binance’s 8th Launchpool project, listed above Binance Exchange to overwhelming support. UNFI jumped over 200% to take the top spot on Binance for the day. UNFI is still available for mining on Binance Launchpool where over $ 600 million worth of Ethereum, BNB and BUSD compete for a share of the UNFI pool.
24 hours after the listing, the UNFI debuted CoinMarketCap boasting over $ 84 million in trading volume. Binance has listed 4 pairings, UNFI / USDT, UNFI / BTC, UNFI / BNB and UNFI / BUSD. UNFI was also listed on MXC, Bibox, Hotbit, is Jubi. HBTC he also announced that he will enter the UNFI.
UNFI is the global governance token for the Unifi protocol. The market reacted positively to Unifi’s claims of having built a sustainable DeFi system. In a recent AMA with Binance on Telegram, Juliun Brabon CEO of the Unifi Protocol wrote: “We believe this is an important reason why we have seen the market react negatively to some other DeFi platforms. Once token holders realize that the rewards are unsustainable, their trust fades. Unifi’s tokenized rewards structure, on the other hand, is an ecosystem that compliments each other and is built to last. “Brabon continued writing:” Building a token economy allows Unifi to create a system of Token holders who are all supporters, because they know if the protocol is successful, then they do too. The addition of Proof of Stake governance allows those who use the platform the most to be the most involved in governance and earn the higher staking prizes “.
According to the website Unifi report, Leading platform of the Unifi protocol uTrade has 60 matches across 4 blockchains and hosted nearly $ 750,000 of trading within the 24 hour period. Unifi has already announced uTrade’s expansion to Ethereum and ICON this year.
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