DAFI Protocol Partners with SolanaPrime to Bring Staking 2.0 to Solana

DAFI Protocol
DAFI Protocol
Published in
3 min readMar 9, 2022

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Programmable Rewards for the Solana Blockchain

TL;DR

  • SolanaPrime has integrated DAFI Protocol as one of the main offerings in its IDO platform.
  • Funders and developers launching projects on SolanaPrime will be able to plug and play DAFI’s Staking 2.0 technology from the get-go.
  • $DAFI holders will gain exclusive access to support the future of blockchain.

We’re so excited to announce a new strategic partnership with SolanaPrime to help nascent DeFi, GameFi and Metaverse dApps build a sustainable economic engine from the get-go. The fundraising platform will offer DAFI’s Staking 2.0 plug-and-play module to founders and developers before TGE.

SolanaPrime is going to play a role in DAFI Nova, giving $DAFI holders an opportunity to support some of the hottest IDOs launching on the Solana blockchain.

Sustainable Tokenomics for Long-Term Success

DAFI Protocol partnered up with SolanaPrime to give founders and developers the tools to make circulating supply reactive to market conditions via Staking 2.0. New projects and IDOs are going to be able to select a range of factors, such as price, transaction volume, and liquidity provisioning volume — just to name a few — as the key indicators of network demand.

Such an elastic feature-set is critical to synchronize the relationship between token reward distribution methods and the self-healing capabilities of the network.

Ramiro Gamen, SolanaPrime’s co-founder and head of business development, believes that DAFI Protocol can help strengthen the tokenization of the entire pre-money lifecycle of a project by enabling limitless applications that adapt to the stress of the network. These features are essential to support economic and user growth for the long-term sustainability of the emerging DeFi, GameFi and Metaverse dApps.

Indeed, DAFI Protocol’s intelligent token distribution model enhances new and existing blockchains. By integrating synthetic dToken rewards, any ecosystem running on top of any blockchain can bolster the qualities that attribute to the financial utility of the token during the earliest phases of development.

“We believe the technology the DAFI Protocol offers projects holding their IDO on the SolanaPrime launchpad will serve as a useful integration and long-term asset. Staking 2.0 is a new mechanism that rewards a network by supplying synthetics that will benefit users, even when demand declines. Such an innovative approach improves token distributions in staking, liquidity, and social reward systems in Web3,” said Gamen.

DAFI Protocol’s founder Zain Rana affirmed that he is happy to have teamed up with SolanaPrime to introduce programmable rewards on the Solana blockchain and give early-stage projects a sustainable rewards economic engine from the get-go. But what excites him the most is that $DAFI holders in Super Staking will also benefit from this partnership.

“SolanaPrime is going to help us enhance the incentives users earn via Super Staking. $DAFI holders who sit at the top of Super Staking Ranks will be given the chance to get whitelisted and participate in the hottest IDOs in the market. Not only will we offer DAFI’s Staking 2.0 plug-and-play module to entrepreneurs and developers before TGE, but Dafinauts will be better positioned to gain early access to these projects,” said Zain Rana.

About SolanaPrime

SolanaPrime is a Solana-powered, fully decentralized IDO launchpad platform. It serves as the primary market gateway for the next generation of DeFi, GameFi and Metaverse dApps to launch on the Solana ecosystem, either as a direct token participation in the IDO or an indirect exposure to SolanaPrime in its entirety.

Follow SolanaPrime’s social media channels to be at the forefront of the Solanaverse:

Telegram Official Community | Telegram Announcements | Medium | Twitter | LinkedIn

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 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.

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