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).
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Trading Insights
Searched
9
Market Stats
Market Cap
$1.92M
-7.49%
FDV
$2.01M
Circ. Supply
9.5M UNFI
Max Supply
10M UNFI
Total Supply
9.5M UNFI
Diluted Valuation
$2.02M
Performance
Popularity
#1,720
Dominance
0%
Volume (24H)
$492.66K
1.9%
Volume (7D)
$3.63M
Volume (30D)
$15.70M
All time high
$43.91
Price Change (1Y)
-97.09%
Additional info about Unifi Protocol DAO
Recent trends
The latest UNFI price is $0.20. Compared to Unifi Protocol DAO's value of $0.22 from 24 hours ago, there's been a -8% decrease, while the current price is -14% down from $0.23 which was recorded one week ago. Unifi Protocol DAO's all time high is $43.91, which was reached on March 1, 2021. This is a -100% change from its price today.
The current circulating supply of Unifi Protocol DAO is 9,548,650. This is 95% of its max supply of 10,000,000 UNFI and 100% of its total supply of 9,548,651. The market cap is currently $1.92M, which is a result of multiplying the current price of Unifi Protocol DAO($0.20) by the total supply(9,548,651 UNFI). The fully diluted valuation of Unifi Protocol DAO is $2.01M. The diluted valuation of Unifi Protocol DAO is $2.01M.
Market details
UNFI vs markets
↘ 97.64%
UNFI vs BTC
↘ 98.03%
UNFI vs ETH
↘ 95.6%
Tags
defi
binance-launchpool
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x441761326490cACF7aF299725B6292597EE822c2 | |
BNB Smart Chain | 0x728C5baC3C3e370E372Fc4671f9ef6916b814d8B |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.20 | ↘ 7.64% |
1 Day | $0.22 | ↘ 7.64% |
1 Week | $0.23 | ↘ 13.67% |
1 Month | $0.21 | ↘ 2.75% |
1 Year | $6.93 | ↘ 97.09% |
FAQ
Unifi Protocol DAO (UNFI) is an approach to blockchain economics that aims to build a sustainable blockchain economy. It seeks to eliminate transaction volatility and inflation by using a stablecoin as its gas token. UNFI is the governance token for Unifi Protocol DAO, giving holders the rights to propose and participate in referendums. The project's mission is to make blockchain a solution to modern finance, creating a predictable and sustainable blockchain economy that businesses can rely on.
Unifi Protocol DAO operates on a proof-of-stake (PoS) consensus mechanism, which relies on the stakeability of tokens to ensure the validity of nodes and secure the mining process. This approach is scalable and offers more flexibility to project creators, without requiring vast amounts of electrical and computing power. Unifi Protocol DAO's solutions include a wrapperless cross-chain bridge (uBridge), a multi-chain AMM (uTrade) complete with advanced DeFi arbitrage strategies (DARBi), and a fully collateralized token integrated throughout the ecosystem ($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 USD currency in real-time. Get the live price of Unifi Protocol DAO on Coinbase.
The current market cap of Unifi Protocol DAO is $1.92M. 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 $492.66K.
Assets that have a similar market cap to Unifi Protocol DAO include Circuits of Value, Minted, AIPAD, 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 319 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.
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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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