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The Unifi DAO protocol is delivering on its promise of linking Ethereum’s current DeFi market to DeFi on several other chains. Ethereum marks the fifth blockchain launch in just four months for uTrade, the trading platform built on the controlled and customized smart contracts of the Unifi protocol.
- Liquidity providers will benefit from lower costs for network fees.
- Once liquidity providers earn rewards, automatic yield farming requires no claim or stake and includes automatic distribution of future commission earnings. Which means they keep more of their earned rewards!
- Tokenized rewards backed by an ever-increasing amount of native blockchain tokens fuel the fully sustainable ecosystem of mining, trading and liquidity governance.
- “One of the fundamental aspects of Unifi is that it is built to be a sustainable system. We believe this is an important reason why we have seen the market react negatively to some other DeFi platforms, ”said Juliun Brabon, CEO of Unifi. “Once token holders realize those rewards are unsustainable, their confidence wanes. Unifi’s tokenized rewards structure, on the other hand, is an ecosystem that compliments each other and is built to last. Proof of Stake and a sustainable token economy allow Unifi to create a system of token holders who are all supporters, because they know that if the Protocol is successful, they too. ”
- Unifi promises to change Ethereum’s DeFi landscape with its advanced tokenomics model and Proof of Stake Governance. Unifi continues to expand and includes more blockchain communities. This creates unlimited liquidity mining and a variety of products and services that can be built on the protocol.
UNFI, the multi-chain global governance token for the Unifi DAO protocol is still listed on Binance Launchpool and is the first Launchpool project available to be mined with Ethereum.
Cross-chain global governance token – UNFI
UNFI is the first sustainable DeFi token to incorporate Proof of Stake elements into its powerful DAO representative governance model. In the UNFI PoS ecosystem, candidates for the Unifi Council of Representatives will campaign for election as Council Representative. Board representatives will have the ability to propose or vote on changes to Unifi DAO while earning Governance Rewards. UNFI token holders can earn Staking Rewards for staking their UNFI tokens and can earn even more rewards from their chosen CR after delegating the UNFI staked.
Information on the Unifi protocol
The Unifi DAO protocol unites the multi-chain DeFi world through a suite of non-custodial, decentralized smart contracts, powering token exchanges and a full range of DeFi product platforms. The Unifi protocol is designed to provide developers with functional DeFi building blocks that link multiple blockchains together in a large DeFi marketplace. uTrade is the working proof-of-concept based on the Unifi protocol to leverage multi-chain and multi-platform liquidity mining to power UNFI’s global governance model.
Team
Unifi DAO was developed by Sesameseed, a multi-chain digital asset staking community that develops and manages nodes on Tron, Ontology, Harmony and other blockchains since early 2018. Over two years of experience and knowledge in cross functionality navigation -chain provided the Sesameseed development team with the skills to rapidly expand Unifi into the complex multi-chain environment.
Telegram of the Unifi community
Unifi Telegram announcements
Unifi Medium – White papers, governance model, tokenomics, articles, technical documentation
Unifi report: volume, token data, pairing specific information
uTrade – Ethereum trading platform, intelligent chain of Binance, Ontology, Tron, Harmony
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