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Unifi Protocol

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News

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What is Unifi Protocol?

Unifi Protocol — a group of interoperable, non-storage smart contracts that combine multiple blockchains into one large DeFi marketplace. uTrade is a proof-of-concept working platform, enabling multi-chain swaps and liquidity mining to power UNFI, Unifi's global governance token.

Contents:

Unifi Protocol

Description of the Unifi Protocol project

Unlimited Potential Token (UP) is at the heart of the Defi Unifi's system. UP mining occurs in direct proportion to fees and other income, generated by the entire Unifi protocol. The minting process helps to ensure that the redemption value of all UP tokens must increase each time a new UP token is minted. The Unifi protocol runs around a Decentralized Autonomous Organization (DAO). The Unifi Protocol connects the multi-chain DeFi world through the SEED Bridge.

Distinctive features of the project:

DeFi cross-chain Easy and affordable: true cross-chain swaps will provide market stability and allow development to thrive on multiple different blockchains.
Sustainable utilities Unlimited variety. Right now, you can import BUSD and trade with it on uTrade on the Harmony blockchain or use it for liquidity deposit and UP mining.
UNFI awards Holders of UNFI tokens can earn staking rewards and can also receive even more rewards from their chosen community council representative. Rewards for UNFI participation and delegation of authority encourage the community to contribute to the development of the Protocol and UNFI.

Unifi has partnered with leading crypto brands and beyond to empower the industry in new and exciting ways.

UNFI — the first DeFi sustainable token to incorporate Proof of Stake elements into its powerful representative DAO governance model.Unifi Protocol

Holders of UNFI tokens can earn rewards for placing their UNFI tokens and can receive even more rewards from their chosen CRs after delegating their UNFI stakes.

Additional information about the platform

The site contains the WhitePaper document. With its help, you can familiarize yourself with the project in more detail. Also, technical support works, where you can always ask your question.

From social networks, the community leads:

Join to follow the latest news and updates. Smart contract audit can be found here.

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