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Buy DAFI Protocol with Coinbase Wallet

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

About DAFI Protocol

With DeFi, DAFI primarily aims to address three issues, which include:

To solve such issues, DAFI aims at sustainable adoption by introducing a model where reward quantity is tied to network demand. There are three core economic principles behind this. The first is reducing the number of network rewards at the beginning to avoid supply shocks and single user control of network value. Secondly, increasing the issued tokens as adoption rises, thus linking two market-factors to promote the growth of decentralized economies. And ultimately, increasing scarcity when demand declines to protect the economy by avoiding over-release of tokens.

Using DAFI, other protocols and platforms can create a reward system from their native token. It is then pegged or attached to the demand of the network and eventually distributed to users. As a result, users can seek to gain incentives to use the platform even at low adoption rates.

The whitepaper states that DAFI offers a way to create scarcity by making reward quantity proportional to demand. Users can stake the DAFI token for governance purposes and help create further incentives for future users.

Zain Rana is the founder of DAFI. Besides that, he is also a global blockchain speaker. Rana has completed his BS in Biomedical Science from The Manchester Metropolitan University.

Some other team members of DAFI include Neil Nguyen as the economics lead, Ali Martinez as the creative lead, and Igor Stojkoski as the UI designer.

Market

Canada Market Stats

Market cap

CA$4.1M

Volume (24h)

CA$420,132.84

Circulating supply

963.0M DAFI

All time high

CA$0.29

Price change (1h)

-0.19%

Price change (24h)

-7.77%

Price change (7d)

-9.62%

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Coinbase Bytes

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DAFI Protocol is on the decline this week.

The price of DAFI Protocol has decreased by 0.19% in the last hour and decreased by 7.77% in the past 24 hours. DAFI Protocol’s price has also fallen by 9.62% in the past week. The current price is CA$0.0042 per DAFI with a 24-hour trading volume of CA$420.13K. Currently, DAFI Protocol is valued at 98.54% below its all time high of CA$0.29. This all-time high was the highest price paid for DAFI Protocol since its launch.

The current circulating supply of DAFI Protocol is 963,022,298.155 DAFI which means that DAFI Protocol has as total market cap of 963,022,298.155.

FAQ

What is the current price of DAFI Protocol?

We update our DAFI Protocol to CAD currency in real-time. Get the live price of DAFI Protocol on Coinbase.

What is the market cap of DAFI Protocol?

The current market cap of DAFI Protocol is CA$4.05M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of DAFI Protocol?

The all-time high of DAFI Protocol is CA$0.29. This all-time high is highest price paid for DAFI Protocol since it was launched.

What is the 24 hour trading volume of DAFI Protocol?

Over the last 24 hours, the trading volume of DAFI Protocol is CA$420.13K.

What other assets are similar to DAFI Protocol?

Assets that have a similar market cap to DAFI Protocol include MahaDAO, Aurox, My Crypto Heroes, and many others. To see a full list, see our comparable market cap assets.

How many DAFI Protocol are there?

The current circulating supply of DAFI Protocol is 963 million.

Can I buy DAFI Protocol on Coinbase?

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