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Buy Unifi Protocol DAO with Coinbase Wallet

Unifi Protocol DAO can be traded using Coinbase Wallet, your key to the world of crypto.

About Unifi Protocol DAO

UNFI is an Ethereum token that powers the Unifi Protocol, a platform for creating cross-chain DeFi (decentralized finance) applications. On Unifi Protocol, UNFI can be used to propose and vote on protocol upgrades and can also be staked to earn rewards. Note: Coinbase currently only supports UNFI running on the Ethereum blockchain (ERC-20).

Unifi Protocol DAO (UNFI) is an approach to blockchain economics that aims to build a sustainable blockchain economy. It seeks to eliminate transaction volatility and inflation by using a stablecoin as its gas token. UNFI is the governance token for Unifi Protocol DAO, giving holders the rights to propose and participate in referendums. The project's mission is to make blockchain a solution to modern finance, creating a predictable and sustainable blockchain economy that businesses can rely on.

Unifi Protocol DAO operates on a proof-of-stake (PoS) consensus mechanism, which relies on the stakeability of tokens to ensure the validity of nodes and secure the mining process. This approach is scalable and offers more flexibility to project creators, without requiring vast amounts of electrical and computing power. Unifi Protocol DAO's solutions include a wrapperless cross-chain bridge (uBridge), a multi-chain AMM (uTrade) complete with advanced DeFi arbitrage strategies (DARBi), and a fully collateralized token integrated throughout the ecosystem ($UP).

Unifi Protocol DAO provides the building blocks for the next generation of DeFi development. It aims to bridge the existing economy of Ethereum-based DeFi products to growing DeFi markets on other blockchains. The Unlimited Potential Token (UP) is at the core of Unifi’s DeFi system, minting in direct proportion to the fees and other revenue generated by the entire Unifi Protocol. This creates a distinctive rewards structure where holders, protocol users, and liquidity providers may benefit. Unifi Protocol DAO also features incentivized liquidity pooling, a fee-sharing governance token, loyalty rewards token, and a lending platform.

Unifi Protocol DAO was founded by an online staking community called Sesameseed. Juliun Brabon, co-founder and CEO, started working on Unifi Protocol DAO in 2018 after a career in operations management. Kerk Wei Yang and Daniel Blanco, integral parts of the Unifi team, joined full-time in October 2020. Since its inception, Unifi Protocol DAO has been working on blockchain economics with their solutions. The total supply of UNFI tokens is 10,000,000.

Market

France Market Stats

Market cap

€41.3M

Volume (24h)

€13.3M

Circulating supply

8.6M UNFI

Typical hold time

Not enough data

Popularity

#684

All time high

€40.48

France Market performance

Price change (1h)

+0.12%

Price change (1d)

-2.5%

Price change (1w)

+39.55%

Price change (2w)

+41.37%

Price change (1m)

+44.1%

Price change (1y)

+66.28%

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Social

Some highlights about Unifi Protocol DAO on social media

546 unique individuals are talking about Unifi Protocol DAO and it is ranked #383 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Unifi Protocol DAO has an average sentiment score of 3.3 out of 5. Finally, Unifi Protocol DAO is becoming more newsworthy, with 0 news articles published about Unifi Protocol DAO. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Unifi Protocol DAO. There were 58.02% of tweets with bullish sentiment compared to 20.37% of tweets with a bearish sentiment about Unifi Protocol DAO. 21.6% of tweets were neutral about Unifi Protocol DAO. These sentiments are based on 162 tweets.

On Reddit, Unifi Protocol DAO was mentioned in 16 Reddit posts and there were 30 comments about Unifi Protocol DAO. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

546 people

Posts

236 posts

Dominance

0.03%

Volume rank

#383

Average Sentiment

3.3 out of 5

Twitter

Reddit

Posts

16

Comments

30

Guides

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Unifi Protocol DAO is on the rise this week.

The price of Unifi Protocol DAO has increased by 0.12% in the last hour and decreased by 2.50% in the past 24 hours. Unifi Protocol DAO’s price has also risen by 39.55% in the past week. The current price is €4.79 per UNFI with a 24-hour trading volume of €13.28M. Currently, Unifi Protocol DAO is valued at 88.17% below its all time high of €40.48. This all-time high was the highest price paid for Unifi Protocol DAO since its launch.

The current circulating supply of Unifi Protocol DAO is 8,629,040.517 UNFI which means that Unifi Protocol DAO has as total market cap of 8,629,040.517.

FAQ

What is the current price of Unifi Protocol DAO?

We update our Unifi Protocol DAO to EUR currency in real-time. Get the live price of Unifi Protocol DAO on Coinbase.

What is the market cap of Unifi Protocol DAO?

The current market cap of Unifi Protocol DAO is €41.33M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Unifi Protocol DAO?

The all-time high of Unifi Protocol DAO is €40.48. This all-time high is highest price paid for Unifi Protocol DAO since it was launched.

What is the 24 hour trading volume of Unifi Protocol DAO?

Over the last 24 hours, the trading volume of Unifi Protocol DAO is €13.28M.

What other assets are similar to Unifi Protocol DAO?

Assets that have a similar market cap to Unifi Protocol DAO include Boba Network, Toshi, Sentinel, and many others. To see a full list, see our comparable market cap assets.

How many Unifi Protocol DAO are there?

The current circulating supply of Unifi Protocol DAO is 8.6 million.

What is the relative popularity of Unifi Protocol DAO?

Unifi Protocol DAO ranks 246 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Unifi Protocol DAO?

Currently, 66% of Coinbase users are buying Unifi Protocol DAO. In other words, 66% of Coinbase customers have increased their net position in Unifi Protocol DAO over the past 24 hours through trading.

Can I buy Unifi Protocol DAO on Coinbase?

Yes, Unifi Protocol DAO is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Unifi Protocol DAO guide.