About DAFI Protocol
Dafi creates synthetics to reward networks, for long term users Dafi solves the biggest issue within decentralized economies - by rewarding users later, instead of earlier.
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Market Stats
Market Cap
ARS 552.68M
-0.82%
FDV
ARS 1.09B
Circ. Supply
1.1B DAFI
Max Supply
2.3B DAFI
Total Supply
2.3B DAFI
Diluted Valuation
ARS 1.08B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
ARS 166.42M
9.85%
Volume (7D)
ARS 945.94M
Volume (30D)
ARS 4.58B
All time high
ARS 247.80
Price Change (1Y)
-85.23%
Additional info about DAFI Protocol
Recent trends
The latest DAFI price is ARS 0.48. Compared to DAFI Protocol's value of ARS 0.49 from 24 hours ago, there's been a -1% decrease, while the current price is 7% up from ARS 0.44 which was recorded one week ago. DAFI Protocol's all time high is ARS 247.80, which was reached on March 19, 2021. This is a -100% change from its price today.
The current circulating supply of DAFI Protocol is 1,138,957,714. This is 51% of its max supply of 2,250,000,000 DAFI and 51% of its total supply of 2,250,000,000. The market cap is currently ARS 552.68M, which is a result of multiplying the current price of DAFI Protocol(ARS 0.48) by the total supply(2,250,000,000 DAFI). The fully diluted valuation of DAFI Protocol is ARS 1.09B. The diluted valuation of DAFI Protocol is ARS 1.09B.
Market details
DAFI vs markets
↘ 89.35%
DAFI vs BTC
↘ 90.63%
DAFI vs ETH
↘ 78.76%
Tags
defi
dao-maker
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xFc979087305A826c2B2a0056cFAbA50aad3E6439 | |
Polygon | 0x638Df98Ad8069a15569dA5a6b01181804c47e34c | |
BNB Smart Chain | 0x4e0Fe270B856EeBb91Fb4B4364312be59F499A3F |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 0.48 | ↘ 1.23% |
1 Day | ARS 0.49 | ↘ 1.23% |
1 Week | ARS 0.44 | ↗ 7.11% |
1 Month | ARS 0.46 | ↗ 3.77% |
1 Year | ARS 0.79 | ↘ 85.23% |
FAQ
With DeFi, DAFI primarily aims to address three issues, which include:
To solve such issues, DAFI aims at sustainable adoption by introducing a model where reward quantity is tied to network demand. There are three core economic principles behind this. The first is reducing the number of network rewards at the beginning to avoid supply shocks and single user control of network value. Secondly, increasing the issued tokens as adoption rises, thus linking two market-factors to promote the growth of decentralized economies. And ultimately, increasing scarcity when demand declines to protect the economy by avoiding over-release of tokens.
Using DAFI, other protocols and platforms can create a reward system from their native token. It is then pegged or attached to the demand of the network and eventually distributed to users. As a result, users can seek to gain incentives to use the platform even at low adoption rates.
The whitepaper states that DAFI offers a way to create scarcity by making reward quantity proportional to demand. Users can stake the DAFI token for governance purposes and help create further incentives for future users.
Zain Rana is the founder of DAFI. Besides that, he is also a global blockchain speaker. Rana has completed his BS in Biomedical Science from The Manchester Metropolitan University.
Some other team members of DAFI include Neil Nguyen as the economics lead, Ali Martinez as the creative lead, and Igor Stojkoski as the UI designer.
We update our DAFI Protocol to ARS currency in real-time. Get the live price of DAFI Protocol on Coinbase.
The current market cap of DAFI Protocol is ARS 552.68M. A high market cap implies that the asset is highly valued by the market.
The all-time high of DAFI Protocol is ARS 247.80. This all-time high is highest price paid for DAFI Protocol since it was launched.
Over the last 24 hours, the trading volume of DAFI Protocol is ARS 166.42M.
Assets that have a similar market cap to DAFI Protocol include Lynex, Walken, HarryPotterObamaPacMan8Inu, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of DAFI Protocol is 1.1 billion.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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