Unifi Protocol UNFI Migration #6

Unifi Protocol introduced Migration #6 with 2000 UNFI available, that will open on May 24th, 2021 and close on May 28, 2021.

In April, Unifi posted its first Core Referendum to be voted on by UNFI holders. The topic of the referendum was UP to UNFI migration. Migration is a critical part of the Unifi ecosystem as it allows liquidity providers on Unifi blockchains to participate in Unifi’s Global Governance Model (GGM).

With information gained in the Core Referendum, Unifi began a series of UP to UNFI migrations. Each migration in this series will test out different styles or processes of migration that have been suggested by the community. The style for migration #7 will be decided by the outcome of a UNFI Core Referendum vote — open for voting right now! Information gathered from this entire migration series will be used to refine the migration process, with the guidance of the GGM.

Starting on May 24, 2021, UP holders will go to https://unifiprotocol.com/and select the blockchain on which their UP tokens reside. In the UP tab of the uTrade app, there will be an option for UP to UNFI Migration. Ensure the wallet address with the UP tokens is connected to uTrade.

The event will conclude on May 28, 2021. No exact open and close times for migration are being announced. Those that wish to participate are encouraged not to wait until the end of the given time period.

What is Unifi Protocol?

Unifi Protocol is a group of non-custodial, interoperable smart contracts linking multiple blockchains together into one large DeFi marketplace. uTrade is the working proof-of concept trading platform for harnessing multi-chain swaps and liquidity mining to power UNFI, Unifi’s Global Governance Token.

📰 INFO:

https://medium.com/unifiprotocol/unfi-migration-6-ea6b6d3fb50