UNFI Super Pairs
Exclusive access to better rewards for UNFI? Yes please!
(updated: March 18, 2022)
- UNFI token holders will get exclusive access to UNFI Super Pairs.
- UNFI Super Pairs farm UP liquidity provider rewards from the volume of the Super Pair, and a bonus percentage of all UP minted by trading fees from all pools on that blockchain.
- UNFI will exist on all uTrade blockchains in the future
- Until UNFI is on a uTrade V2 blockchain, the Super Pair Rewards will be collected and stored
- Unifi Protocol will have a bridge to allow UNFI tokens to move to uTrade V2 blockchains
- Once there is UNFI on a chain there will be an event to open the Super Pair Rewards that have been stored since the launch of uTrade V2 on that chain
UNFI — One Token to Rule Them All
From the outset, Unifi has shown UNFI is the powerhouse token of the entire Unifi ecosystem. As a multi-chain governance token bestowing holders a say in global cross-chain Unifi Protocol policy decisions, in addition to earning extremely competitive staking rewards, UNFI has been heralded as “the one token to rule them all.”
Unifi has already delivered on this promise by hosting several Core Referendums requesting guidance from UNFI holders, and effecting policy decisions across multiple blockchains in response to feedback made possible only through UNFI community voting.
That was just the beginning.
UNFI — The Star of the Unifi Token Economy
We are incredibly excited to reveal yet another feature of UNFI which positions the token at the center of the multi-chain Unifi Protocol ecosystem. This feature will be making its debut with the highly anticipated launch of uTrade V2 tentatively scheduled for next week.
Before diving in, it’s worth sharing some other interesting news about UNFI.
UNFI — Available on Every Unifi Blockchain
In the future, UNFI will exist on each chain that supports uTrade. This means that no matter which blockchain you use uTrade on, there will be a UNFI Super Pair available.
This is where the fun starts.
UNFI — Super Pair Rewards
On each blockchain, there will be a UNFI Super Pair. UNFI Super Pairs earn UP liquidity provider rewards from the volume of the Super Pair, and a bonus percentage of all UP minted by trading fees from all pools on that blockchain (Super Pair Rewards).
UNFI holders have the exclusive ability to earn a share of all UP minted from trading fees on an entire blockchain.
This is so game-changing, it’s worth repeating again.
uTrade users (on any blockchain) who provide liquidity to the UNFI Super Pair will earn a BONUS percentage of all UP minted on that blockchain from trading fees.
It is not difficult to imagine the scenario where it makes sense for those enhanced UP liquidity rewards to be redeemed, used to gain more UNFI (which increases LP rewards even more) and then deposited as more liquidity to compound rewards. Thanks to Unifi’s sustainable token model, with UP 100% backed by the fees earned, this positive feedback loop can endure indefinitely — benefiting UNFI token holders on all uTrade v2 blockchains.
This cycle must be done manually by uTrade users in order to compound rewards. However as Super Pairs gain momentum and demonstrate the available rewards, it is anticipated this will be just one of the many ways outside developers can offer solutions built on Unifi.
UNFI Super Pair Rewards Only Available on uTrade V2
As outlined in this article, uTrade V2 will be rolling out in phases and on selected blockchains. The UNFI Super Pair will only be available to UNFI liquidity providers on uTrade V2.
What Happens on Blockchains where UNFI is not available yet?
It is entirely possible that uTrade V2 will be launched on a blockchain where UNFI is not yet available.
In this scenario, the UP from Super Pair Rewards that accumulates from all trading fees on that blockchain will be stored until UNFI is available on that chain. The best source of updated information on UNFI, Unifi Protocol, and uTrade V2 blockchains is our website unifiprotocol.com. Unifi will host future events to move UNFI to other uTrade blockchains which will allow UNFI holders to claim the Super Pair Rewards.
Unifi Protocol and uTrade can be found at https://www.unifiprotocol.com.
Stake UNFI, earn rewards, and be part of the Global Unifi Protocol DAO governance. https://gov.unifiprotocol.com/my-dashboard.
For additional information on forming partnerships, developing on the Unifi Protocol, or using Unifi Protocol to support your project’s goals, email us! firstname.lastname@example.org
Communications from Unifi are subject to Unifi’s standard terms and conditions, which can be found here.