DAFI Protocol Partners With AllianceBlock Utilizing Synthetic dTokens Into Alliance Block Ecosystem

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

The evolution of decentralized finance is an ironclad utility of blockchain technology. As the DeFi landscape is dynamic in nature, inflation is limiting mainstream adoption. While all economies are built through reward models, this can transition to hyperinflation due to zero equilibrium between demand and supply, leaving users to never truly be a part of a decentralized network’s growth.

Today, DAFI Protocol announced a strategic partnership with AllianceBlock, a decentralized blockchain agnostic layer 2 solution transforming digital assets into bankable products. This partnership will include launching a DAFI/ALBT pool with dual rewards, as well as recreating the nature of Alliance Block’s liquidity and staking models through dTokens.

DAFI Protocol maximizes rewards for users staying within an economy, while also solving the limitations in the current staking & reward distribution models by making them demand-pegged. By creating dToken flavors that scale with network growth, DAFI will truly enhance scarcity in the Alliance Block network. This will be instrumental in eliminating the menace of hyperinflation, one of the largest obstacles to scaling staking & liquidity programs. 

Shaping The DeFi Ecosystem By Introducing Revolutionary Staking Models To Accelerate Adoption

DAFI creates a state-of-the-art staking/rewarding model, termed ‘Super Staking’. Under the purview of this partnership, DAFI will exchange synergies with AllianceBlock to integrate synthetic dTokens into their ecosystem. This sustainable growth model will finally reward long term users & early adopters by reducing the issuance of native tokens. As the network grows in demand, more synthetic dToken flavors are algorithmically injected into the economy.

The partnership specifically focuses on exploring dToken liquidity reward models through Alliance Block’s network. The broader spectrum of the partnership constitutes integration of synthetic tokens into Alliance Block’s Liquidity Mining as a service solution for their ecosystem partners. The LMaaS solution allows the creation of customized liquidity mining and staking programs with key performance parameters for various projects. It is a comprehensive platform enabling projects to drive their liquidity and allowing users to participate in various liquidity mining and staking programs. 

Through this Partnership DAFI will also begin exploring the trustless KYC, AML solutions and Alliance Bridge in order to enhance access to more traditional financial clients through AllianceBlock.

On this partnership,and Alliance Block LMaaS program, Zain Rana, Founder of DAFI said, 

“AllianceBlock’s idea of infusing the dynamics of Institutional finance with DeFi is interesting. We are glad to see innovative projects laying a strong foundation for building the future of DeFi. AllianceBlock’s LMAAS potential is and we are delighted to witness the seamless integration of DAFI’s synthetics into this expanding ecosystem. We believe that this is the beginning of an eventful journey together and we can’t wait to explore the possibilities ahead.” 

Rachid A, CEO of AllianceBlock spoke on the increased utility of DAFI’s synthetics saying, 

“We are impressed with the revolutionary product that DAFI is building and we are happy to integrate into our ecosystem. With AllianceBlock catering to a number of ecosystems, the introduction of DAFI’s model will attract increased user participation and platform growth. We are poised to witness how incentivization through synthetic rewards would transform our network models and are very interested to explore the possibilities for our ecosystem partners. Leveraging DAFI’s offerings, AllianceBlock could become instrumental in factoring network adoption.” 

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 still enhancing scarcity when demand is low. 

DAFI can reward a network even when demand declines by issuing synthetics that will reward user’s later — instead of earlier. This approach will change the foundation of all staking, liquidity, and even social reward systems for the entire decentralized world.

About AllianceBlock
AllianceBlock is building the first globally compliant decentralized capital market. The AllianceBlock Protocol is a decentralized, blockchain-agnostic layer 2 that automates the process of converting any digital or crypto asset into a bankable product.
Incubated by three of Europe’s most prestigious incubators: Station F, L39, and Kickstart Innovation in Zurich, and led by a heavily experienced team of ex-JP Morgan, Barclays, BNP Paribas, Goldman Sachs investment bankers, and quants, AllianceBlock is on the path to disrupt the $100 trillion securities market with its state-of-the-art and globally compliant decentralized capital market.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.