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DAFi Protocol logo
WebsiteDaomaker LaunchpadAscendex Launchpad

DAFi Protocol

IEO

A new model of inflation, changing Blockchain’s and DeFi.

The DAFI token is staked for synthetic, demand-pegged DFY’s. Datify introduces incentivizing through the demand of the protocol. Flavours of xDFY can be created to unify DeFi.

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Overview

Project industryFinance Services & Banking
Product typeTechnology

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What is DAFi Protocol

Dafi creates long-term users by rewarding based on network adoption.

All decentralized economies distributes 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 enables every protocol and platform to create a synthetic flavour from their native token. This is then pegged to the demand of their network and distributed to users. Meaning users are still incentivized when adoption is low, but by being rewarded later, not earlier.

Individuals can stake the DAFI token for governance and to collateralize the creation of dDAFI, the first synthetic unit which is tied to a network demand. The quantity of the synthetic can increase only as network adoption rises – incentivizing longer term users.

How will Dafi be adopted?

  • Bounty – a method that once worked to attract new users, now every protocol can issue synthetics that increase in quantity only for longer-term users
  • Liquidity – enabling any DeFi application to reward liquidity using Dafi’s synthetics in a reduced quantity, further promoting scarcity
  • Staking – issuing network pegged synthetics to nodes can maintain a network even in low-demand phases, without a large volume of tokens
  • Details

    IEO (Daomaker Launchpad): TBA - TBA
    IEO (Ascendex Launchpad): TBA - TBA
    Token supply: 2,250,000,000 DAFI
    Total tokens for sale: 604,800,000 DAFI
    Hard cap: 1,050,000 USD

    Legal

    Blockchain Platform: Ethereum

    Token info

    Ticker: DAFI
    Token distribution:
    Private Sale - 22.5%
    Strategic Round - 2.38%
    Public Sale - 2%
    Team - 15%
    Staking - 20%
    Treasury - 12.12%
    Marketing - 10%
    Advisors - 5%
    Ecosystem reserve - 11%

    DAFi Protocol Roadmap

    1
    2018

    Dafi testing theories in blockchain

    2
    2019

    Presenting at institutions and events & NatWest bank incubation

    3
    Q1 2020

    Dafi branding changes

    4
    Q2 2020

    Strategic partnerships confirmed privately

    5
    Q3 2020

    MVP development

    6
    Q4 2020

    User-creation platform for synthetics

    7
    Q1 2021

    DAFI token sale

    8
    Q2 2021

    DAFI staking to create network synthetics

    9
    Q3 2021

    New protocol flavours of dToken

    10
    Q4 2021

    Dafi NFT minting using synthetics

    11
    Q1 2022

    Further DeFi features built on DAFI (lending, DEX’s, NFT’s of value)

    12
    Q2 2022

    Creating a financial universe around DAFI

    Project team

    Zain Rana
    Zain Rana
    Founder
    Zain Rana linkedin
    Babar Shabir
    Babar Shabir
    Head of Partnerships
    Johan Gonzalez
    Johan Gonzalez
    Research Analyst
    Vito Lee
    Vito Lee
    APAC Lead
    Walleed Mehmood
    Walleed Mehmood
    Software Specialist

    Advisors

    Danilo S. Carlucci
    Danilo S. Carlucci
    Business Advisor
    John Milburn
    John Milburn
    Tech Advisor
    John Milburn linkedin
    David Atkinson
    David Atkinson
    Advisor
    Shreyansh Singh
    Shreyansh Singh
    Advisor

    Social media

    DAFi Protocol web-siteDAFi Protocol MediumDAFi Protocol TelegramDAFi Protocol InstagramDAFi Protocol TwitterDAFi Protocol Facebook

    User rating:

    5/5 ( 1 )
    7

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