DAFI Protocol Partners with Polygen, Enabling New Projects to Integrate Staking 2.0

Published on: 03.12.2021

Polygen will introduce dPGEN rewards so token holders can help improve the overall health of the network while gaining access to funding new projects, capital raises, seed pools, and more.

New protocols launched on Polygen’s permissionless launchpad are able to plug and play DAFI’s Staking 2.0 economic engine.

Founders and developers alike now have a golden opportunity to synchronize the relationship between token reward distribution methods and the self-healing capabilities of the network through DAFI Protocol.

Dafi Protocol proud to announce a strategic partnership with Polygen that will enable new decentralized applications to integrate our Staking 2.0 protocol from the get-go. The permissionless launchpad will adopt synthetic dTokens rewards this month and serve as an example for their emerging projects of what can be accomplished with an elastic token distribution model.

About Polygen
Polygen is the first truly decentralized launchpad where anyone can launch their project with no gatekeepers and are free to innovate and experiment.
Website: https://polygen.io/
Telegram: https://t.me/polygen_launchpad/

About DAFI
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.
Our mechanism rewards a network even when demand declines by issuing synthetics that will reward users later — instead of earlier. This approach will change the foundation of all staking, liquidity, and even social reward systems for the entire decentralized world.
To learn more about DAFI Protocol, please follow us on Twitter and keep an eye on the Medium news page for new announcements.

 

SOURCE
Medium

 

 

Market Stats:
BTC Dominance: 59.55%(-0.32%/24h)
ETH Dominance: 12.41%(-0.28%/24h)
Defi Market Cap: $85.18B(-14.02%/24h)
Total Market Cap: $3040.95B(+4.84%/24h)
Total Trading Volume 24h: $192.76B(-15.00%/24h)
ETH Market Cap: $376.61B
Defi to ETH Ratio: 22.62%
Defi Dominance: 2.68%
Altcoin Market Cap: $1230.19B
Altcoin Volume 24h: $118.69B
Total Cryptocurrencies: 32221
Active Cryptocurrencies: 10060
Active Market Pairs: 89370
Active Exchanges: 760
Total Exchanges: 9578
BTC: 91481.96$(0.22%/1H)
ETH: 3131.4$(-0.2%/1H)
AVAX: 34.99$(0.99%/1H)
BNB: 624.15$(0.16%/1H)
MATIC: 0.38$(1.19%/1H)
FTM: 0.73$(0.77%/1H)
ADA: 0.75$(1.88%/1H)
DOT: 5.28$(1.11%/1H)
UNI: 8.8$(0.26%/1H)
CAKE: 1.87$(0.24%/1H)
SUSHI: 0.76$(0.21%/1H)
ONE: 0.01$(0.05%/1H)