what's Unifi Protocol DAO?
Unifi Protocol DAO is a decentralized autonomous organization delivering blockchain infrastructure solutions designed to enable widespread adoption without requiring users to engage directly with cryptocurrencies. Its ecosystem includes uTrade, a customizable decentralized exchange supporting cross-chain liquidity and trading, uStake for staking and rewards, and tools for projects to bootstrap liquidity with tailored smart contracts and fee structures. The protocol emphasizes interoperability across blockchains like Ontology, Ethereum, and Harmony, allowing seamless asset bridging via pTokens and Wing Finance. Governance and incentives revolve around the native token, which powers liquidity provision, staking rewards distributed to participants, and DAO decision-making, fostering a sustainable DeFi environment for builders and users.
UniFi's $RLS token (10B supply) distribution: 35% Rayls, 22% investors, 17% team, 15% TGE, 11% devs.
Testnet V2 is live with millisecond confirmations, based appchains, real-time proving, and a fair economic model for sequencing.
$RLS token features 10B total supply with distribution: 35% to Rayls Foundation and community, 22% to investors backing UniFi identity layer, 17% to core team, 15% TGE supply, and 11% to initial developers.
UniFi builds private perpetuals trading platform using Arcium's encrypted computation layer, expanding product offerings beyond existing vault solutions into derivatives trading.
Based-Rollup architecture enables instant L1-L2 interactions without bridges, developed in collaboration with Ethereum Foundation.
New BTC vault launches with 12.18% total APY through Pendle Finance strategy, supporting 6 different BTC wrapper tokens.
New ETH vault offers 10% APY for single-asset deposits of pufETH, yielding unifiETH tokens.