Shaurya Malwa · 12 hours ago · 2 min read
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Dafi introduces the first alternative since Satoshi, to use network rewards for building a decentralized economy. Instead of directly issuing tokens for staking & liquidity – Dafi ties synthetics to each network’s adoption.
This means that the token’s released & network demand is proportional. By linking these two factors, it attracts longer-term users to be incentivized longer, supporting adoption.
The DAFI token is staked for synthetic dDAFI, each pegged to the demand of the protocol. Decentralized economies creating synthetics on Dafi, transact a DAFI fee which is returned to the staking reserve.