- #1657
Dafi Protocol DAFI
DAFI Price
Market Cap
$3.16 MRank #1657FDV
$7.35 MRank #1584Investors
Twitter Followers
Twitter Performance
374Rank by Twitter #3835- 0
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- 4000
Detailed Performance
DAFI shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
DAFI to USD Converter
Price History
- All-Time High
- $0.207563.55x to ATH
- All-Time Low
- $0.001761.86x to ATL
- Trade Launch Date
- 18 Mar, 2021
1134 days ago
Fundraising
See more- ICO Price
- $0.0033131
- Funds Raised
- $1.06 M
- Tokens Sold
- 604.80 M DAFI
Exchanges
Exchanges type
About DAFI
DAFI Protocol is a decentralized finance (DeFi) protocol that aims to reinvent how decentralized networks are rewarded. It introduces the concept of synthetic tokens, called dTokens, which are pegged to different decentralized networks. These dTokens can be used to reward early users of blockchain and cryptocurrency networks while also enhancing scarcity during periods of low demand. DAFI Protocol has gained recognition as the first DeFi protocol incubated by the National Westminster Bank, a leading European bank. It offers a unique approach to incentivizing participation in decentralized networks.
What makes Dafi Protocol unique?
DAFI Protocol stands out from other cryptocurrencies by reinventing how decentralized networks are rewarded. It introduces the concept of creating synthetics pegged to different decentralized networks, allowing every blockchain and cryptocurrency to create a unique flavor of reward tokens called dTokens. This enables early users to be rewarded while enhancing scarcity during periods of low demand.
What makes DAFI Protocol truly unique is its mechanism of issuing synthetics that reward users later, even when demand declines. This approach fundamentally changes the foundation of staking, liquidity, and social reward systems in the decentralized world. By maximizing reward distributions based on demand, DAFI Protocol supports reduced inflation and user growth in decentralized networks.
In summary, DAFI Protocol offers a novel approach to reward systems, leveraging synthetics and dTokens to incentivize users and enhance scarcity, making it distinct from other cryptocurrencies.
Live Dafi Protocol Price Data
The current price of Dafi Protocol (DAFI) is approximately $0.003265, reflecting a decrease of -2.69% in the last 24 hours. The DAFI trading volume in the last 24 hours stands at $319,723.60. Dafi Protocol's market cap is currently $3.16 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of DAFI is 963.02 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Dafi Protocol's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on DAFI, check out our crypto insights page.
Official Links
DAFI to USD Converter
Price History
- All-Time High
- $0.207563.55x to ATH
- All-Time Low
- $0.001761.86x to ATL
- Trade Launch Date
- 18 Mar, 2021
1134 days ago
Fundraising
See more- ICO Price
- $0.0033131
- Funds Raised
- $1.06 M
- Tokens Sold
- 604.80 M DAFI