Dafi Protocol Logo

Dafi Protocol DAFI

Dafi Protocol header image

1. Summary

Ranks

Liquidity
60
Developer
-
Social
83
Momentum (beta)
20
Stack Rank™
-
Price
52W High price $0.008810927200
52W High date 11th Dec 2023 (11 months ago)
All Time High (ATH) Date 19th Mar 2021 (3 years ago)
ATH Price $0.21
% From ATH -99.71%
All Time Low (ATL) Date 2nd Sep 2024 (2 months ago)
ATL Price $0.000235880000
% From ATL 150.84%
Supply & Trading Volume
Trading Volume (24h) $42,991.00
Total Supply 2.25B
Circulating Supply 565.33M
Description

Dafi Protocol (DAFI) is a decentralized economy solution designed to reward networks by creating synthetics to incentivize long-term users. The project’s core concept revolves around rewarding users based on the demand for network services, rather than purely on their participation. This approach aims to prevent the over-issuance of tokens by linki...

Dafi Protocol (DAFI) is a decentralized economy solution designed to reward networks by creating synthetics to incentivize long-term users. The project’s core concept revolves around rewarding users based on the demand for network services, rather than purely on their participation. This approach aims to prevent the over-issuance of tokens by linking the distribution of synthetic tokens to the actual adoption of networks.

DAFI tokens can be traded on various centralised and decentralised exchanges, with the most active trading pair being DAFI/USDT on LATOKEN. The project’s token economy is structured to incentivize users to contribute to liquidity and staking, and it can be implemented by any network to reward its users without risking hyperinflation.

The synthetic tokens created by Dafi are tied to the adoption of each network, such that as demand rises, the quantity of synthetics increases; conversely, as demand declines, the quantity reduces. This mechanism is designed to attract long-term users to support network adoption and prevent the risk of excess token emission.

2. Price

DAFI

2.1. Market Performance

How does Dafi Protocol's (DAFI) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-18.3%

DAFI

-7.6%

Similar Market Cap

60 Day Return

-28.8%

DAFI

-10.1%

Similar Market Cap

1 Year Return

-84.3%

DAFI

-37.3%

Similar Market Cap

3. Developer Activity

We're monitoring 3 Dafi Protocol GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Dafi Protocol Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 113

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 0
Past week 0
Past 12 weeks 0
Past year 0
Past week 0
Past 12 weeks 0
Past year 0

Top Developers 2024

In total, 0 developers have contributed to Dafi Protocol over the past year. Who are the most active Dafi Protocol developers, by commits, over the past year?

Related Projects

Developers working on Dafi Protocol also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 186
Active Reddit Users (past 24h) 2
Discord users
Active Discord Users
Telegram Users 6,854
Twitter followers 33,342
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://dafiprotocol.io/
Explorer https://etherscan.io/token/0xfc979087305a826c2b2a0...
Twitter @DafiProtocol
reddit /r/dafiprotocol
Whitepaper https://www.dafiprotocol.io/litepaper

What is the correct contract address for Dafi Protocol?

Ethereum 0xfc979087305a826c2b2a0056cfaba50aad3e6439
Polygon-pos 0x638df98ad8069a15569da5a6b01181804c47e34c
Binance-smart-chain 0x4e0fe270b856eebb91fb4b4364312be59f499a3f

Has Dafi Protocol been audited for security?

No security audits found for this project.

Are you the owner of Dafi Protocol? Edit it here

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