Unifi Protocol is a suite of smart-contract-based building blocks that create and connect DeFi marketplaces by enabling simple and low-cost cross-chain trading. This includes bridging them all to the Ethereum DeFi economy. Unifi continues to expand and include more blockchain communities. This creates unlimited liquidity farming and even a variety of products and services that can be built on the Protocol.
This project combines the power of several blockchains and relies on the foundation of Ethereum DApp and DeFi development. However, Unifi makes it its mission to introduce interoperability to the world of DeFi by allowing users access to multiple blockchains and an extremely versatile UNFI token.
Aiming to give traders access to simple, fast, and efficient cross-chain activity, Unifi is a comprehensive DeFi solution for enterprises of all sizes. The platform also has a rigid rewards program, allowing investors and traders to gain staking value for holding UNFI tokens.
Unifi provides a tokenized rewards system which allows built-in yield farming and removes the limitations created by providing native blockchain token rewards. Unifi captures the power of multi-chain trading and enhanced multi-platform liquidity farming into the UNFI token, Unifi’s Global Governance Token.
UNFI is the native token of Unifi Protocol DAO. UNFI currently exists on Ethereum as an ERC-20 token, and Binance Smart Chain as a BEP-20 token. UNFI can be staked to earn rewards, or provided as liquidity to earn a bonus share of every liquidity rewards token minted on uTrade from trading fees on an entire blockchain.