Dafi Protocol

Dafi Protocol

TBA
16,276 Views
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. Dafi 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.
7.4
TOTAL SCORE
4.2
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

Get widget
General
Website: Visit
White paper: Read
Dates: TBA
Whitelist/KYC: Whitelist
Token info
Ticker: DAFI
Total supply: 2,250,000,000 DAFI
2018
Dafi testing theories in blockchain
2019
Presenting at institutions and events & NatWest bank incubation
Q1 2020
Dafi branding changes
Q2 2020
Strategic partnerships confirmed privately
Q3 2020
MVP development
Q4 2020
User-creation platform for synthetics
Q1 2021
DAFI token sale
Q2 2021
DAFI staking to create network synthetics
Q3 2021
New protocol flavours of dToken
Q4 2021
Dafi NFT minting using synthetics
Q1 2022
Further DeFi features built on DAFI (lending, DEX’s, NFT’s of value)
Q2 2022
Creating a financial universe around DAFI
Zain Rana
CEO, Founder
Participates in a number of projects
Babar Shabir
Head of partnerships
Participates in a number of projects
Oleh Pashchenko
Blockchain Developer
Participates in a number of projects
Walleed Mehmood
Software Specialist
Participates in a number of projects
Adam Ben
Growth & Marketing Lead
Participates in a number of projects

Advisors (1)

John Milburn
Technical Advisor
Participates in a number of projects
HEIGHT - 0px
WIDTH - 0px
PUT THIS CODE TO YOUR WEBSITE
ICO List
Other Interesting ICOs
Upcoming
Connecty.io
Connecty is looking to streamline the relationship between businesses and research house by serving as the missing link between holders of knowledge and those responsible for transforming knowledge into innovation. This knowledge ecosystem is setting out to accommodate all scenarios on the spectrum: from a short request for an expert’s opinion to a comprehensive research study that may stretch over a considerable period of time. It is intended this will be open to all areas of knowledge and all fields of study ranging from physics, engineering and IT systems to ecology, environment and society plus everything in between.
Upcoming
TrigID
TrigID is the first and only Internet-based way to show that a real-world human is who they say they are. It enforces "one person, one identity" and you can verify that real-world identity with real-world identifiers like driver's license numbers, SSN's, addresses, phone numbers... All without giving anyone those identifiers.
Upcoming
CoinMarketFeed
CoinMarketFeed is world’s crypto social network. Connect with thousands of crypto traders and blockchain enthusiasts, Access real time cryptocurrency data, news and alerts. Buy price predictions directly from the best crypto traders globally or invest directly into their smart portfolio.
Upcoming
INVERSE
INVERSE is a DeFi based platform that provides an array of smart-contract features with integrated time-based options. Users have the opportunity to speculate on the drop in value of a suite of Defi coins by utilizing the multiple 'tracking vaults' on the platform. XIV, the protocol's native token, is used to unlock these vaults, and then staked within these vaults for no more than 7 days. As their name implies, these vaults track the real-time price movements of select DeFi tokens (i.e. COMP, AAVE, UNI, YFI). After 7 days, if the value of the DeFi asset being tracked has dropped by a certain percentage, the user will gain a significant percentage yield on the amount of XIV held within the tracking vault. If the price of the DeFi asset does not drop in value beyond the predetermined percentage by the end of the 7-day staking period, the user will forfeit a portion of their staked XIV. Rewards will be automatically disbursed to the user’s web3 browser wallet at the end of the 7-day staking period. Ultimately, INVERSE offers users the option to hedge against the volatility of select crypto assets.
Upcoming
Elements Estates
"Elements Estates is creating a Blockchain-based platform with underlying unique portfolio of real estate deriving from banks’ distressed assets. The platform will offer the ability to utilize ELES tokens through purchase or rent of real estate and other services, all primarily related to newly developed and modern properties in platform ownership. Elements Estates is giving you the opportunity to get involved in something that will enable growth of token value from unlocking the hidden value of the distressed assets deriving from non-performing bank portfolios, usually reserved for major players."
Upcoming
Moonlighting
Based in the United States, Moonlighting is a 3-year-old freelance marketplace with a proven track record of empowering people to earn extra money and hire talented professionals quickly. With the integration of blockchain technology Moonlighting will decentralize worker profiles, reward participation, and make hiring and working in the freelance economy trusted, global, and inclusive.