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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).

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Market Stats

Market Cap

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FDV

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Circ. Supply

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Max Supply

No maximum supply

Total Supply

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Performance

Popularity

#2,682

Dominance

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Volume (24H)

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Volume (7D)

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Volume (30D)

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All time high

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Price Change (1Y)

Additional details

Market details

UNFI vs markets

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UNFI vs BTC

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UNFI vs ETH

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Tags

Network & Addresses

Network
Address

Ethereum

0x441761326490cACF7aF299725B6292597EE822c2

BNB Smart Chain

0x728C5baC3C3e370E372Fc4671f9ef6916b814d8B

Price history

Time
Price
Change
Today
CA$0.00
Not enough data
1 Day
CA$0.03182
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1 Week
CA$0.03499
0.00%
1 Month
CA$0.0475
0.00%
1 Year
CA$0.1782
0.00%

FAQ

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.

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

Assets that have a similar market cap to Unifi Protocol DAO include Pillar, DeepNode, Ginnan The Cat, and many others. To see a full list, see our comparable market cap assets.

Unifi Protocol DAO ranks 348 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

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.

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Social stats

Popularity in posts

#1927

Contributors

0

Posts

0

% About Unifi Protocol DAO

0.001%

Articles

0

X (Twitter)

0% bullish

Sentiment

5.0 ★

Highlights

0 unique individuals are talking about Unifi Protocol DAO and it is ranked #1,927 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 5.0 out of 5. Finally, Unifi Protocol DAO is becoming less newsworthy, with 0 news articles published about Unifi Protocol DAO.

On Reddit, Unifi Protocol DAO was mentioned in 0 Reddit posts and there were 0 comments about Unifi Protocol DAO. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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