Unifi Protocol DAO (UNFI) has emerged as a novel mechanism for liquidity providers that leverages a suite of decentralized finance (DeFi) smart contracts. This platform operates on the Binance Smart Chain as well as other blockchain networks, facilitating seamless transactions across various blockchains. It distinguishes itself as a DeFi marketplace, supporting a multitude of networks beyond the Binance Smart Chain, thereby enabling liquidity provision on a wide scale.
Liquidity Across Blockchains
UNFI supports an array of networks including Ethereum, Binance Smart Chain, IoTex, Ontology, Harmony, Icon, and Tron. To engage in liquidity provision and transactions across these networks, users need to utilize the Unifi Protocol DAO Coin, UNFI’s native cryptocurrency. This coin acts as the cornerstone of the network, which also hosts a variety of other cryptocurrencies within its framework.
Community Governance and Sustainability
Within the Unifi Protocol DAO, community council representatives (CCR) are tasked with making decisions and proposing changes. The network’s capacity to facilitate movement between different blockchains enhances the functionality and long-term viability of UNFI Coin, making it a significant player in the blockchain space.
Those interested in purchasing UNFI Coin can do so through the Binance cryptocurrency exchange. To begin the acquisition process, one must register an account on Binance and deposit funds, following which the UNFI/USDT trading pair, known for its high volume, can be utilized to complete the purchase.