See More

DAFI to List DAFI Token With BitMax

2 mins
Updated by Shilpa Lama
Join our Trading Community on Telegram

BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of DAFI Tokens (DAFI) under the trading pair of DAFI/USDT on March 17, 2021, at 9:00 a.m. EST.

Dafi rewards users based on network adoption. Dafi is the first protocol to create staking, liquidity, and bounties proportional to each network’s demand. It enables any protocol or platform to create a synthetic flavor from the native token for pegging against network demand.

DAFI, the native-token of the protocol, is used for both staking and governance. When DAFI tokens are staked as collateral, they generate synthetic dDAFI units, which are pegged to the demand on the DAFI network.

By supporting the network, users are rewarded for their staking collateral by accumulating synthetics that grow in quantity as demand rises.

Dafi introduces the first alternative token to use network rewards for building a decentralized economy. Instead of directly issuing tokens for staking and liquidity, Dafi ties synthetics to each network’s adoption.

Dafi’s goal is to change the way networks distribute tokens for staking and liquidity and reward long-term users. In doing this Dafi is laying down a new foundation for how decentralized economies are built.

About BitMax.io

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from cash to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io/

Twitter: https://twitter.com/BitMax_Official

Telegram: https://t.me/BitMaxioEnglishOfficial

Medium: https://medium.com/bitmax-io

About DAFI

DAFI rewards users based on network adoption. It is The first protocol to create staking, liquidity, and bounties proportional to each network’s demand. They enable any protocol or platform to create a synthetic from their native token.

For more information and updates, please visit:

Website:https://dafiprotocol.io/

Twitter: https://twitter.com/dafiprotocol

Telegram: https://t.me/dafiprotocol

Medium: https://dafiprotocol.medium.com/

Top crypto platforms in the US | March 2024
Coinbase Coinbase Explore →
AlgosOne AlgosOne Explore →
Chain GPT Chain GPT Explore →
iTrustCapital iTrustCapital Explore →

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

images-e1706008039676.jpeg
Advertorial
Advertorial is the universal author name for all the sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not align with BeInCrypto views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on...
READ FULL BIO
Sponsored
Sponsored