DAFI Protocol Partners With KOLnet to Integrate Super Staking
TL;DR:
- DAFI Protocol and KOLnet are partnering to introduce an improved staking model.
- The new system will issue network-pegged synthetic $KOLnet tokens.
- These synthetics are designed to create a self-sustainable token economic engine.
We’re delighted to announce that DAFI Protocol has teamed up with KOLnet to expand the utility of synthetic dTokens. 🤝
The go-to marketing platform aims to build a reward distribution program that aligns with the network’s long-term success, making circulating supply reactive to market conditions. Introducing dKOLnet tokens also creates a new realm of opportunities to attract key opinion leaders and empower them to amplify protocol adoption to new audiences through crowd marketing.
👨🚀💫 Fortifying Initial Marketing Offerings with dTokens
DAFI Protocol partnered with KOLnet to help the blockchain startup adjust its circulating supply autonomously to encourage user acquisition and long-term commitment. Integrating dKOLnet rewards into this developing economy aims to suppress the effects of supply shocks while driving liquidity into the ecosystem.
KOLnet provides a new way to raise funds for decentralized applications at any point of their lifecycle through Initial Marketing Offerings (IMOs), connecting audiences through key opinion leaders who have a dedicated interest in the projects’ success. As it collects private round tokens as marketing fees, users are encouraged to stake $KOLnet to farm these tokens.
The system ensures that every strategic partner will strengthen its offerings and widely showcase its potential to interested users, permitting a faster adoption rate.
With programmable rewards, KOLnet aims to enhance its incentivization program with a unique monetary policy that fits the network’s needs. Super Staking enables KOLnet to select a range of factors, such as price, transaction volume, and liquidity provisioning volume — to name a few — as the key indicators of network demand.
This elastic feature set is critical to synchronizing the relationship between staking reward distributions and the self-healing capabilities of the network. 🚀
Essentially, KOLnet will be able to create limitless dynamic SuperPools that adapt to the network activity. dKOLnet rewards automatically increase or decrease depending on KOLnet’s rate of expansion. The goal is to empower key opinion leaders through a more robust and elastic token distribution model.
About DAFI Protocol
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 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 social reward systems for the entire decentralized world.
To learn more about DAFI Protocol, please follow us on Twitter and keep an eye on our Medium news page for new announcements. Don’t forget to join our vibrant community on Telegram. ✅
About KOLnet
KOLnet is an innovative, influencer-exclusive platform that allows early-stage projects to optimize their key opinion leaders marketing strategy through Initial Marketing Offerings (IMOs).
Every tokenized project with a key opinion leaders budget will be eligible to apply to utilize KOLnet.
Key opinion leaders create value by bringing adoption and awareness of projects to their followers and are incentivized with early access to presale tokens.
