About Unifi Protocol DAO
UNFI is an Ethereum token that powers the Unifi Protocol, a platform for creating cross-chain DeFi (decentralized finance) applications. On Unifi Protocol, UNFI can be used to propose and vote on protocol upgrades and can also be staked to earn rewards. Note: Coinbase currently only supports UNFI running on the Ethereum blockchain (ERC-20).
Trading Insights
Searched
11
Market Stats
Market Cap
£1.11M
-3.11%
FDV
£1.16M
Circ. Supply
9.5M UNFI
Max Supply
10M UNFI
Total Supply
9.5M UNFI
Diluted Valuation
£1.55M
Performance
Popularity
#1,887
Dominance
0%
Volume (24H)
£558.12K
34.65%
Volume (7D)
£3.47M
Volume (30D)
£11.99M
All time high
£43.91
Price Change (1Y)
-96.04%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of Unifi Protocol DAO has decreased by 0.11% in the last hour and decreased by 2.70% in the past 24 hours. Unifi Protocol DAO’s price has also fallen by 7.44% in the past week. The current price is £0.12 per UNFI with a 24-hour trading volume of £558.12K. Currently, Unifi Protocol DAO is valued at 99.73% below its all time high of £43.91. This all-time high was the highest price paid for Unifi Protocol DAO since its launch.
The current circulating supply of Unifi Protocol DAO is 9,548,650.104 UNFI which means that Unifi Protocol DAO has as total market cap of £1,110,457.44.
Market details
UNFI vs markets
↘ 97.57%
UNFI vs BTC
↘ 97.86%
UNFI vs ETH
↘ 96.08%
Tags
defi
binance-launchpool
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x441761326490cACF7aF299725B6292597EE822c2 | |
BNB Smart Chain | 0x728C5baC3C3e370E372Fc4671f9ef6916b814d8B |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.12 | ↘ 2.81% |
1 Day | £0.12 | ↘ 2.70% |
1 Week | £0.12 | ↘ 7.44% |
1 Month | £0.14 | ↘ 18.89% |
1 Year | £3.04 | ↘ 96.04% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Unifi Protocol DAO (UNFI) is an approach to blockchain economics that aims to build a blockchain economy. It seeks to reduce transaction volatility and inflation by using a stablecoin as its gas token. UNFI is the governance token for Unifi Protocol DAO, giving holders the rights to propose and participate in referendums. The project's mission is to make blockchain a solution to modern finance, creating a blockchain economy that businesses can rely on.
Unifi Protocol DAO operates on a proof-of-stake (PoS) consensus mechanism, which relies on the stakeability of tokens to validate nodes and support the mining process. This approach is scalable, without requiring vast amounts of electrical and computing power. Unifi Protocol DAO's solutions include a wrapperless cross-chain bridge (uBridge), a multi-chain AMM (uTrade) complete with advanced DeFi arbitrage strategies (DARBi), and a fully collateralized token integrated throughout the ecosystem ($UP).
Unifi Protocol DAO provides the building blocks for the next generation of DeFi development. It aims to bridge the existing economy of Ethereum-based DeFi products to growing DeFi markets on other blockchains. The Unlimited Potential Token (UP) is at the core of Unifi’s DeFi system, minting in direct proportion to the fees and other revenue generated by the entire Unifi Protocol. This creates a distinctive rewards structure where holders, protocol users, and liquidity providers may benefit. Unifi Protocol DAO also features incentivized liquidity pooling, a fee-sharing governance token, loyalty rewards token, and a lending platform.
Unifi Protocol DAO was founded by an online staking community called Sesameseed. Juliun Brabon, co-founder and CEO, started working on Unifi Protocol DAO in 2018 after a career in operations management. Kerk Wei Yang and Daniel Blanco, integral parts of the Unifi team, joined full-time in October 2020. Since its inception, Unifi Protocol DAO has been working on blockchain economics with their solutions. The total supply of UNFI tokens is 10,000,000.
We update our Unifi Protocol DAO to GBP currency in real-time. Get the live price of Unifi Protocol DAO on Coinbase.
The current market cap of Unifi Protocol DAO is £1.11M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Unifi Protocol DAO is £43.91. This all-time high is highest price paid for Unifi Protocol DAO since it was launched.
Over the last 24 hours, the trading volume of Unifi Protocol DAO is £558.12K.
Assets that have a similar market cap to Unifi Protocol DAO include RabbitX, PlayZap, ritestream, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Unifi Protocol DAO is 9.5 million.
Unifi Protocol DAO ranks 333 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 66% of Coinbase users are buying Unifi Protocol DAO. In other words, 66% of Coinbase customers have increased their net position in Unifi Protocol DAO over the past 24 hours through trading.
Social stats
Popularity in posts
#712
Contributors
11
Posts
11
% About Unifi Protocol DAO
0.06%
Hold times
0 days
X (Twitter)
100% bullish
Sentiment
4.8 ★
Highlights
11 unique individuals are talking about Unifi Protocol DAO and it is ranked #712 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Unifi Protocol DAO has an average sentiment score of 95 out of 5. Finally, Unifi Protocol DAO is becoming less newsworthy, with 0 news articles published about Unifi Protocol DAO.
On Twitter, people are mostly bullish about Unifi Protocol DAO. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Unifi Protocol DAO. 0% of tweets were neutral about Unifi Protocol DAO. These sentiments are based on 4 tweets.
On Reddit, Unifi Protocol DAO was mentioned in 2 Reddit posts and there were 0 comments about Unifi Protocol DAO. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
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