'DAFI Protocol, the Chain Link of Staking Rewards ' by dafiprotocol cryptocurrency staking
DAFI Protocol is a blockchain startup that aims to reinvent rewards programs in every decentralized network. CEO Zain Rana explains the concept of Super Staking, without a high inflation rate. DAFi allows blockchain projects to increase liquidity and network growth whilst offering maximized rewards to boost long-term commitment.
Almost every network and decentralized economy can integrate our dTokens to create a better rewards program without the high inflation and native token release. These smart synthetics offer better yield in staking and liquidity programs as well as social and gaming applications. Essentially, DAFI allows blockchain projects to increase liquidity and network growth whilst offering maximized rewards to boost long-term commitment.
Super Staking V2 is launching in October, and it will be made available to other projects to adopt soon after. Zain Rana: It's simple, if you love your users, give them dTokens instead of native tokens. The model of distributing unsustainable token rewards clearly doesn't work in the long-run. Everything decentralized is reliant on incentives; nothing could exist without this inflation.
This has widespread applications to potentially reinvent everything from staking, liquidity, social rewards, and gaming, to name a few.Zain Rana: Liquidity is required for a token to have any value, it reduces friction in trading and exchanging of the token. Liquidity pools typically enable trading through an automated market maker. This is all made possible because contributors have supplied a split amount of two assets within the pool.
You can now see that within a decentralized world, economic incentives are the heart of everything. A blockchain itself can be simply visualised as a collection of actors making decisions that will maximize their rewards. Anything that can move the network towards this equilibrium, such as liquidity reward programs, is a step in the right direction. But we can leap further.
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