Polinate Partners with DAFI Protocol to enable Super Staking
Partnership Announcement
The community was asking for a new DEX and a Staking platform, we’ve delivered on both this week!
Polinate continues to increase its ecosystem partners. Having already secured Polygon, Terra Virtua, Polkalokr and ArtWallet as partners only weeks after launch, we’ve got another exciting one to present. We have continued our development by bringing DAFI’s Super Staking to the mix to allow.
Polinate will be exploring DAFI’s dToken reward mechanism to bring a more balanced staking mechanism to Polinate users. DAFI allows the creation of dPOLI which will be distributed to users when certain milestones are hit and these milestones can be achieved with the help of the Polinate community.
DAFI has incorporated many metrics for their demand pegged algorithms and we are looking to create many staking pools for users who want to help in the continued growth of different elements of Polinate.
Azeem Khan, Co-Founder at Polinate said,
“DAFI protocol is changing the way rewards are distributed, from a linear time based release to a network demand focused release. This ensures real users and adopters are rewarded for their continued support of projects as opposed to having users stake solely for the rewards. I believe this is a huge step in changing the way we look at distributions of tokens and we are happy to be using their rewards distribution model for our staking program.”
Zain Rana, Founder at DAFI Protocol said,
“Crowdfunding is about to be disrupted with the launch of Polinate as market participants will be able to support the creatives they love directly and without intermediaries. Through the use of POLI token creators will have access to social and financial capital while dPOLI rewards will incentivize supporters to remain committed to the long-term growth of creators.”
About DAFI
DAFI reinvents how every decentralized network is rewarded. By creating synthetics pegged to different decentralized networks, every blockchain and cryptocurrency can create a dToken flavor to reward their early users while still enhancing scarcity when demand is low.
Our mechanism rewards a network even when demand declines by issuing synthetics that will reward users later — instead of earlier. This approach will change the foundation of all staking, liquidity, and even social reward systems for the entire decentralized world.
To learn more about DAFI Protocol, please follow us on Twitter and keep an eye on the Medium news page for new announcements. Don’t forget to join the vibrant community on Telegram.
About Polinate
Polinate is a next generation crowdfunding platform designed to discover, launch and empower creatives globally in a permissionless way. We give creators their break to get funded by connecting creative projects, investors, fans and patrons.
We are building the backbone of a new global creator economy. It doesn’t matter where you are from, social status, banked or unbanked. If you add value, you benefit. Come and join our Hive!
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