Unifi Protocol Dao (UNFI) offers a unique solution for liquidity providers, based on the Binance Smart Chain DeFi project. The Unifi Protocol comprises a market of DeFi smart contracts that are non-custodial, collaborative, and permit transactions across different blockchain networks. The platform is referred to as a DeFi market rather than a DeFi project because it supports multiple networks in addition to Binance Smart Chain.
As of now, Unifi Protocol DAO supports networks such as Ethereum, Binance Smart Chain, IoTex, Ontology, Harmony, Icon, and Tron, and can be used to provide liquidity on these networks. Users must use the Unifi Protocol DAO Coin, the cryptocurrency of Unifi, to perform transactions and provide liquidity from a single point across all these networks. While Unifi Protocol DAO Coin is the fundamental cryptocurrency of the network, there are also other cryptocurrencies within the network with different names like UP.
Decisions or proposals for changes within the Unifi Protocol DAO are made by the CCR, or community council representative. This blockchain network, which enables transitions between different blockchain networks, is especially seen to provide significant usability and sustainability for the UNFI Coin.
Where to Buy UNFI Coin?
UNFI Coin can be purchased through the Binance cryptocurrency exchange. An account must be created and funds such as USD or other balances must be sent to Binance before purchasing. The pair with the highest volume is seen to be UNFI/USDT.
