What is UNFI

Learned by 2.0k usersPublished on 2024.03.29Last updated on 2025.02.25

unfi

Unifi Protocol DAO

UNFI

WebsiteWhitepaper

0.2

+0.43%

  • Last Price0.2
  • Market Cap1.92M
  • All-Time Low0.16
  • Circulating Supply9.54M
  • Turnover (24h)423.06K
  • All-Time High43.91
  • Total Supply9.54M
  • Fully Diluted Market Cap1.92M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Unifi Protocol DAO (UNFI) is a decentralized autonomous organization (DAO) platform that provides infrastructure for cross-chain decentralized finance (DeFi). Unifi Protocol leverages multi-chain smart contracts and decentralized governance to offer a scalable, multi-chain compatible DeFi ecosystem. One of its core products is the Unifi Token (UNFI), a governance token that facilitates community governance and rewards long-term holders.
Unifi Protocol enables cross-chain trading, liquidity mining, and asset bridging through its ecosystem-driven liquidity pools. Additionally, it incorporates staking and revenue-sharing mechanisms, offering users a sustainable DeFi investment model. The protocol stands out for its scalability and interoperability, supporting multiple blockchain networks, including Ethereum, Binance Smart Chain, Tron, and Harmony. By combining innovative smart contract design, cross-chain liquidity, and yield-sharing mechanisms, Unifi Protocol enhances DeFi’s interoperability and scalability.
2. Team & Investment Info
Team: Unifi Protocol was developed by Sesameseed, a decentralized governance community operating across multiple blockchain networks. The project’s co-founder, Taariq Lewis, is also the CEO and founder of VolumeFi. Juliun Brabon, CEO of Unifi Protocol, brings extensive experience in DeFi and blockchain technology, focusing on scalable multi-chain solutions.
Funding: In September 2020, Unifi Protocol raised funding from Signum Capital, Waterdrip Capital, MEXC Ventures, LK Venture, Chain Capital, BlockArk, Cabin VC, Kirin Fund, BlockWater Capital, Bitblock Capital, Oasis Capital, and BHEX.
3. Social Media URLs
X: https://x.com/unifiprotocol
Telegram: https://t.me/unifiprotocol
4. Token Info
Token Symbol: UNFI
Total Supply: 8.63M UNFI
Token Type: ERC-20
Contract Address: 0x441761326490cacf7af299725b6292597ee822c2
White Paper: https://medium.com/unifiprotocol/introducing-the-unifi-protocol-2ad67bc8435
5. Related Links
Official Website: https://www.unifiprotocol.com/
Other Info: https://www.rootdata.com/Projects/detail/Unifi%20Protocol?k=MjQw
Medium: https://medium.com/unifiprotocol/

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