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What is Unifi Protocol DAO?
The Unifi Protocol is described on its website as “a group of non-custodial, interoperable smart contracts linking multiple blockchains together into one large DeFi marketplace”. The first product built on the protocol is uTrade, an automated market maker and trading platform. The protocol is designed around a decentralised autonomous organisation (DAO), and UNFI is Unifi Protocol DAO’s governance token. Candidates are able to campaign to be elected as a Community Council Representative in the protocol’s proof-of-stake ecosystem and then propose or vote on changes to the DAO. Holders can also stake their UNFI tokens to earn rewards. The token is available on Ethereum and on the Binance Smart Chain.
Unifi Protocol DAO (UNFI) is the 832nd largest cryptocurrency in the world by market cap, valued at $12,821,677. The current price of Unifi Protocol DAO is $3.2376, which is 16.758% higher than yesterday. Prices have ranged between $3.266 and $2.7122 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 19, 2022 06:05 UTC.
Recent Unifi Protocol DAO developments
December 2021: Unifi Protocol added Avalanche to its list of supported blockchains, with its products such as uTrade and uStake now support on the Avalanche network.
Unifi Protocol DAO (UNFI) price
Use our graph to track the performance of (UNFI) over time.Unifi Protocol DAO at a glance
Coin symbol | UNFI |
---|---|
Coin Marketcap | AUD$12,821,677 |
Total UNFI supply | 10,000,000 |
Circulating UNFI | 5,656,364 |
Current price | AUD$3.2376 |
All time high | AUD$87.9548 |
All time high date | March 01, 2021 |
Notable team members | Juliun Brabon |
Partnerships | IoTeX Foundation |
Industry | Decentralised finance |
Token uses | Governance |
Network | Ethereum, Binance Smart Chain |
Unifi Protocol DAO price performance over time
Historical prices compared with the price of $3.2376.
1 hour | -0.93% |
---|---|
24 hours | 16.76% |
7 days | 22.73% |
14 days | -48.91% |
30 days | -54.85% |
---|---|
60 days | -56.80% |
200 days | -79.48% |
1 year | -87.14% |
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Disclaimer: Cryptocurrencies, including Unifi Protocol DAO, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of UNFI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Unifi Protocol DAO or any other cryptocurrency discussed.
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