DAFI Protocol Partnership with Terra Virtua

Published on: 30.07.2021

DAFI protocol is excited to announce their latest partnership with the digital collection blockchain-based powerhouse Terra Virtua to create a new staking model that provides enhanced rewards for long-term users of the Terra Virtua ecosystem.

Terra Virtua can leverage dTokens to issue network pegged synthetics instead of their native $TVK token through their new, improved staking model. Because they are algorithmically designed to increase or decrease based on demand, the changing rewards achieved by dTVK will incentivize users to shift from a short-term to a long-term mindset, which creates sustained value for the platform’s growth. The dTVK tokens can then be burnt for $TVK tokens upon user request.

Through a strong emphasis on scarcity, DAFI, networks will stay increasingly resilient against any possible supply shocks. This will allow for the increased network adoption for every decentralised network and its ecosystem. They’re very proud to work with Terra Virtua and to provide this industry-leading service to the platform.

 

About Terra Virtua

Terra Virtua is an immersive NFT blockchain-driven VR and AR entertainment experience. By emphasizing a strong community and social connection with Terra Virtua, the TVK ecosystem is built around different environments designed to allow users, whatever their interest, to immerse themselves in the things they fully love.

 

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.

 

INFO:

https://dafiprotocol.medium.com/dafi-protocol-announces-partnership-with-terra-virtua-kolect-to-introduce-a-new-staking-model-793a01bf1ff1

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