DAFI Protocol Teamed up with Alliance Block
DAFI Protocol excited to announce that DAFI Protocol has partnered with Alliance Block who is looking to explore synthetic dTokens into Alliance Block’s Liquidity ecosystem for an intelligent reward mechanism with better incentivization.
The evolution of decentralized finance is an ironclad utility of blockchain technology. As the DeFi landscape is dynamic in nature, inflation is limiting mainstream adoption. While all economies are built through reward models, this can transition to hyperinflation due to zero equilibrium between demand and supply, leaving users to never truly be a part of a decentralized network’s growth.
They are proud to announce their strategic partnership with Alliance Block, a decentralized blockchain agnostic layer 2 solution transforming digital assets into bankable products. This partnership will include launching a DAFI/ALBT pool with dual rewards, as well as recreating the nature of Alliance Block’s liquidity and staking models through dTokens.
DAFI Protocol maximizes rewards for users staying within an economy, while also solving the limitations in the current staking & reward distribution models by making them demand-pegged. By creating dToken flavors that scale with network growth, DAFI will truly enhance scarcity in the Alliance Block network. This will be instrumental in eliminating the menace of hyperinflation, one of the largest obstacles to scaling staking & liquidity programs.
The New Dual LP reward program
To solidify this partnership we are excited to announce that we have opened a new DAFI/ALBT token pairing on Uniswap here. Liquidity providers can receive an initial APY of 950.88% as a share of 73,000 ALBT and 795,000 DAFI rewards for contributing liquidity.
About DAFI Protocol
DAFI reinvents how every decentralized network is rewarded. By creating synthetics pegged to different decentralized networks, every blockchain and cryptocurrency can create a dToken flavor to reward their early users while still enhancing scarcity when demand is low.
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