Dafiprotocol.io All decentralized economies distribute tokens to users. The problem is that distributing tokens when adoption is low, creates an excess supply & devalues the economy. There is no link between the release of network supply and the network’s adoption. This harms longer-term users and only favours short-term participants. Dafi introduces the first alternative since Bitcoin, to use network rewards for building a decentralized economy. Instead of directly issuing tokens for staking & liquidity – Dafi ties synthetics to each network’s adoption. This means that the token release & network demand is proportional. Meaning users are still incentivized when adoption is low, but by being rewarded later, not earlier. By linking these two factors, it attracts longer-term users to be incentivized longer, supporting adoption.
Dafiprotocol Ico enables every protocol and platform to create a synthetic flavour from their native token. This is then algorithmically pegged to the demand of their network and distributed to users. Synthetic dTokens on Dafi can be created by projects and distributed to their users for Staking, Nodes, Liquidity, or even Participation/Bounty rewards. Individuals can stake the DAFI token for governance and collateralize the creation of dDAFI, the first synthetic unit which is tied to network demand. The quantity of the synthetic can increase only as network adoption rises – incentivizing longer-term users.
Token Basic Information
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The Game Change Team Behind Mogul Dafiprotocol.io
Dafiprotocol.io token is staked for synthetics – which increase in quantity only as demand rises
The every blockchain and cryptocurrency can create a synthetic to incentivize their users better
Dafiprotocol Ico rewards users even when demand is low, by actually enhancing scarcity – dToken rewards these users later by increasing in quantity when network demand rises
The Broken Economy
Every decentralized network faces the inability to reward market participants without high inflation. This model distributes tokens early, eventually devaluing the network, without supporting long-term users. The DAFI protocol creates flavors of existing crypto-assets which are tied to network demand factors. DAFI enables you to now become an actual part of the networks you love.
Same chains. Better users.
- Every decentralized economy since Bitcoin, is forced to distribute large amounts of tokens to their network.
- This incentive model creates an excess supply. Nobody likes this, it simply devalues the economy, without supporting early-users.
- Instead of distributing a token directly, the Dafi protocol enables networks to create a synthetic in a reduced quantity. As demand rises, the synthetics (dToken) increase in quantity.
- Dafi can incentivize early-users and maintain a network in bearish markets, without issuing large quantities of tokens.
Dafiprotocol.io Standard bounties are associated with huge sell-pressures, and often cause more harm than good. Using Dafi – projects can create a synthetic which is tied to their adoption/demand. Incentivizing longer term users, better. A smarter method of acquiring users without flooding the market with an excess amount of tokens
Zain came from a background of analysing foreign currency markets, as well as working on the digital finance system for major UK brands (e.g. Morrisons). After falling in love with the decentralized nature of Blockchain, he presented at the largest, and most prestigious Blockchain events across Europe and Asia, with audiences of 5000+. Zain is also known to be highly-regarded for introducing and presenting Blockchain & Cryptocurrency to several major universities across the UK in 2020.
Dafiprotocol Ico the native digital cryptographically-secured utility token of the Dafi platform (DAFI) is a transferable representation of attributed functions specified in the protocol/code of the Dafi platform, which is designed to play a major role in the functioning of the ecosystem on the Dafi platform and intended to be used solely as the primary utility token on the platform.
DAFI is a non-refundable functional utility token which will be used as the medium of exchange between participants on the Dafi platform.