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Cryptocurrencies: 23219
Exchanges: 112
Market Cap: $$2.91T
24h Vol: $65.24B
Dominance: BTC: 64.4% ETH: 7.5%
ETH Gas: 29 Gwei
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Dafi creates a composite of web hooks to reward the economy. These synthetics are distributed to users in smaller amounts to protect the tokens from high inflation. Dafi maintains the staking, liquidity, and participation of a decentralized network without the need for a high token issuance rate.
DAFI tokens are used to pledge synthetic dDAFI, and each token is linked to the demand of the protocol. Decentralized economies create composites on dafi, and dafi fees for transactions are returned to the pledge reserve.