dafi protocol staking rewards

Super Staking uses oracles that feed data for dTokens to be pegged to. Zain Rana: Super Staking offers better rewards to long-term users, without a high inflation rate. Anything that can move the network towards this equilibrium, such as liquidity reward programs, is a step in the right direction. It's a pretty cool time to be in crypto. I personally fell in love with exploring some of the most significant flaws in decentralized protocols. If we can look at how we could create evolving collectibles for stakers, it could be a game changer. It is an expensive, inflationary renting of liquidity from the protocols side, and the use of simple token rewards can actually exchange liquidity-acquisition with long-term supply shocks and inflation. AscendEX 6 , 50% Kasta(KASTA) . In fact, in an ecosystem or an application like gaming, they act as an additional incentive.

To build liquidity, token projects typically offer a reward program where they distribute their token in return for a user who provided the liquidity. The DAFI team comes from mixed backgrounds of academia, traditional finance, and several well-established projects. We want to enforce the idea that for every token theres a dToken. Such a mission will be accelerated when every protocol can easily launch a Super Staking pool. The beauty of decentralization is that you have options. Typically, two traits can exist out of the three. Telegram Group: https://t.me/BitMaxio_English, How to Download the AscendEX App on an Android/iOS Phone, How to Get Started with mercuryo for Fiat PaymentAPP, How to Start Cash Trading on AscendEX APP, How to Deposit Digital Assets on AscendEX APP, How to Refer a Friend and Earn RewardsAPP, How to Complete Your Account VerificationAPP, How to Set Google (2FA) VerificationAPP, How to Stop Loss/Take Profit in Futures Trading APP, How to Start Futures Trading on AscendEX APP, How to Start Margin Trading on AscendEX APP, How to Participate in AscendEX Staking APP. With the market chaos in 2018, it became clear that the method in which every network rewards its users (PoS, nodes, liquidity) doesn't work. This has widespread applications to potentially reinvent everything from staking, liquidity, social rewards, and gaming, to name a few. Over the past three years, I've seen multiple alternatives to Ethereum, but nothing has been able to kill the smart contracts giant, and I believe it's not going to happen.

Publish Your First Brand Story for FREE. By providing liquidity, you receive LP tokens to prove ownership of the pool and in return you receive trading fees. AscendEX . ! Zain Rana: Hello, I'm a founder at DAFI Protocol, an intelligent and gamified Staking 2.0 protocol for limitless applications. DAFI Protocol is a blockchain startup that aims to reinvent rewards programs in every decentralized network. To support the ongoing growth of Dafi Protocol (DAFI), BitMax.io will launch DAFI Pre-Staking Program beginning March 18th, at 2:00 p.m. UTC. Super-Staking is Staking 2.0 protocol for limitless applications. DAFI Protocol is a blockchain startup that aims to reinvent rewards programs in every decentralized network. My personal background was previously as a technical keynote speaker at some of the largest Blockchain events worldwide. ZKSwap is targeting a Layer-1 Ethereum mainnet launch on 28 July, with L2 deployments on BSC, HECO, and OEC to follow soon after. Zain Rana: The truth is, all blockchains have to decide to compromise on scalability, decentralization, or fees. Essentially, DAFI allows blockchain projects to increase liquidity and network growth whilst offering maximized rewards to boost long-term commitment. So the big question is, how does a protocol reward participants without damaging the network? How to Purchase a Point Card at AscendEX? Zain Rana: From a personal perspective, I think that right now gaming and play-to-earn are two popular trends, and DeFi is starting to pick up as a result. DAFI Protocol, the Chain Link of Staking Rewards, Meta AI's Make-A-Scene Generates Artwork with Text and Sketches, Astounding Stories of Super-Science June 1931: Manape the Mighty - Chapter XI, Astounding Stories of Super-Science May 1931: The Exile of Time - Chapter IX, David Copperfield: Chapter 26 - I Fall Into Captivity, Frankenstein or, The Modern Prometheus: Chapter XXIV, The Essays of Adam Smith: Part VI, Section II, Chapter III - Of Universal Benevolence, How to Design a Comprehensive Framework for Entity Resolution, SOMA Finance and Meta Hollywood to Launch Tokenized Film Financing Offerings, Super Duper SQL Tips for Software Engineers, For the Story Teller: Story Telling and Stories to Tell: Preface, For the Story Teller: Story Telling and Stories to Tell by Carolyn Sherwin Bailey - Table of Links, #1- Spray, Pray, and Go Away: Investing is an Art, #2- How to Hack Facebook Accounts: 5 Common Vulnerabilities, #3- 5 Best Pokmon GO Hacks and How to Get Them, #4- The Ace Attorney Timeline: All Phoenix Wright Games in Chronological Order. Zain Rana: Liquidity is required for a token to have any value, it reduces friction in trading and exchanging of the token. A blockchain itself can be simply visualised as a collection of actors making decisions that will maximize their rewards. BitMax.io users will get an exclusive first look at DAFI token open-staking, and have a chance to earn 20% est. This will potentially transform the dynamics of how Layer2 Network works, said Zain Rana, the founder of DAFI Protocol.

Also,users have the flexibility to unstake anytime, which is different from term-deposits. ZKSwap V1 will shut down to make room for the faster and better V2. AscendEX . That way, ZKSwap would be able to maximize reward distribution and mitigate inflation risks tied to new token issuance, the company explained in a 3 June announcement. I spend a lot of time with some of the brightest minds in the industry, so Im pretty excited about what the next few months & years have to show. There won't ever be one blockchain to rule them all. But we can leap further. Cross-chain agnosticism is becoming acknowledged, and I'm a big believer in this. This program is different from traditional airdrops or deposit rewards. Zain Rana: It's simple, if you love your users, give them dTokens instead of native tokens. You can now see that within a decentralized world, economic incentives are the heart of everything. #6- Here's How To Fix Your Ethernet If It's Not Working, #7- 3 Best Kotor Builds Even Vader Would Approve of, #9- How to Use DeepAR For AR Effects on Amazon IVS Live Streams. I think a personal bias here is that weve designed such a game theory inspired protocol, that we want to tackle a lot of different directions that the community dont know about yet. - Here's How to Fix Common Issues, #16- The Batman Arkham Games in Chronological Order, #17- What is ERC-3475? Why and When Do You Have to Use it? App: Click [Staking] on the homepage to participate. Liquidity pools typically enable trading through an automated market maker. The 30-day process will begin on 26 August and last until 25 September when V1 will officially shut down. Liquidity pools typically enable trading through an automated market maker, where contributors distribute tokens in return for a user provided a return in return in their tokens. When the market is fragile, rewards are more scarce, but as a protocol or application grows in demand, so do the dToken incentives that token holders receive. Click here to participate in DAFI Pre-Staking. Some of the most prominent figures in the cryptocurrency industry refer to DAFI as the Chain Link of staking rewards. It's just not realistic. The key difference between Super Staking and primitive staking, is that by replacing native token rewards with dTokens rewards, we can achieve the desired inflation rates relative to the level of market demand. The model of distributing unsustainable token rewards clearly doesn't work in the long-run. So, we sat down with CEO Zain Rana to understand everything about DAFI. Countries/Regions Available for Registration, Join AscendEX Community on Telegram and Other Social Media, AscendEX . #13- Apple CarPlay Not Working? Almost every network and decentralized economy can integrate our dTokens to create a better rewards program without the high inflation and native token release. #12- What is One Hot Encoding? Details are as follows: PC:Click here to participate in DAFI Pre-Staking. It is an evolved staking system that is baked with several game-theory mechanisms. As a synthetic asset, the dZKSwap token (dZKS) reward would be pegged to the ZKSwap network, offering smaller incentives during low network demand and higher incentives as the demand rises. Zain Rana: One interesting thing I've seen about NFTs is that they work best when an underlying community is behind them. The incentive structure is not tied to network demand and adoption, breeding an environment for short-term participants, and not hodlers.

In theory, Super Staking is Staking 2.0. Bitcoin may be scarce but innovation here certainly isnt. These include the ability for dTokens to multiply when market demand rises, additional rewards based on commitment, and APY boosts when other networks adopt their own dTokens. This is all made possible because contributors have supplied a split amount of two assets within the pool. Reinventing every network via Super Staking #DAFI. Im of course a personal fan of gaming because the incentive theory that makes it work, is partially what inspired DAFI. Click Here. Similarly, Binance Smart Chain's adoption since last year can be thought to be part of the growth of the Binance ecosystem and the powerful marketing initiatives. V2 will enable users to list any ERC-20 token and choose between 4 different tokens when paying withdrawal fees. #5- How to Hack Roblox and Should You Do it? Quality Weekly Reads About Technology Infiltrating Everything. With the integration of DAFIs synthetics through the creation of dZKS, we are confident to expand the utility of our innovative model into the Layer2 ecosystem. #10- The Best Online Platforms to Learn Something New, Today! Super Staking V2 is launching in October, and it will be made available to other projects to adopt soon after. In other words, how does an application acquire users, liquidity, and TVL whilst offering better yield to the users that genuinely care? Copyright 2018-2022 AscendEX . 120,000 USDT . I also proudly presented Bitcoin and the underlying technology to institutions and leading universities in England since 2018. Under the pre-staking program, BitMax.io users will be required to lock up tokens in order to earn rewards, the same as withofficialon-chainstaking. While unstaking requires an unbondingperiod, BitMax.io offersaninstant unbondingservice that allows users to claim back staked tokens immediately at a small price. Ethereum is so well-adopted that it will simply not disappear. These smart synthetics offer better yield in staking and liquidity programs as well as social and gaming applications. Partnering with DAFI Protocol will enable ZKSwap to integrate DAFIs native token, dToken, as a possible staking reward for users. Everything decentralized is reliant on incentives; nothing could exist without this inflation. ZKSwap to Shut Down V1 Mainnet And Migrate Assets to V2, ZKSwap Launches on Binance Smart Chain Testnet, ZKSwap Launches V2 With Unlimited Token Listing, Custom Fee Tokens, and L2 Deployments. ! Rewarding users through network demand is the key. AscendEX . ZKSwap will explore integrating DAFIs synthetic dToken as a possible staking reward for users. AscendEX Launches Divergence (DIVER) Pre-Staking Program, Earn 100% APR for the First Week and Share 40,000-USDT Pooled Rewards, AscendEX Announces Share Merge of Leveraged Tokens (ETH3L and PEOPLE5S). By creating its own synthetic dTokens, ZKSwap would be able to encourage staking and market participation while reducing the number of native tokens that need to be issued. This is something that Ive been researching for a while. DAFi allows blockchain projects to increase liquidity and network growth whilst offering maximized rewards to boost long-term commitment. ZKSwaps Layer 2 solution would also enable DAFI to conduct more efficient synthetic asset airdrops and create low-fee liquidity pools. With its synthetics dTokens pegged to network growth, DAFI incentivized long-term usage while enhancing scarcity when demand is low. beaxy cryptoninjas offerings For DAFI, the partnership will unlock new opportunities for the synthetic token protocol to integrate with ZKSwaps Layer 2 applications and access lower network fees. Such mechanisms make our smart synthetics adaptive to stress and changes in the market, and aligns users into a joint-consensus for protocol success. ZKSwap aims to solve these issues by offering zero-fee transactions and fast throughput. Exploring Bonds on Ethereum Blockchain - A New Token Standard, #18- Every Resident Evil Game in Chronological Order: A Complete Timeline, #19- How To Take Screenshots In The Browser Using JavaScript, #20- 14 Patterns to Ace Any Coding Interview Question, #21- Making Influencer Marketing Seamless with Web3 Creator Platform Edge, Noonie and Startups Winners or Runners-Up, Get Featured on Product Hunt without Hunter, Remove Paywalled Stories from Google Search. APR prior to the official launch of on-chain, dynamic staking reward mechanism by Dafi team. We truly appreciate your continued support. Growing demand for BSC has increased network congestion and led to high transaction costs. The need for liquidity is of course essential here, but is this the best way to achieve it? CEO Zain Rana explains the concept of Super Staking, without a high inflation rate. I think that both ETH and BSC can co-exist. We would become like Uniswap, but for smart and dynamic staking. DAFI will use the partnership to access ZKSwaps Layer 2 applications and low network fees.