Adaptive Velocity For DeFi Tokens Issued On The Elrond Network | ElrondNetwork - Announcements
Adaptive Velocity For DeFi Tokens Issued On The Elrond Network Via DAFI Protocol
We are happy to announce that DAFI Protocol will support DeFi projects building on the Elrond Network with the option to algorithmically adjust token incentives using synthetics that are tied to the underlying token’s usage.
“Algorithmically adjusting an entire economical model according to the velocity of its underlying denomination is perhaps one of the most creative uses of blockchain and synthetics. We’re happy to work with Dafi and provide this option for projects building on the Elrond Network.” said Beniamin Mincu, Elrond CEO.
#hypergrowth100 Day 67
Read more: https://elrond.com/blog/projects-on-elrond-can-use-dafi-protocol
Retweet: https://twitter.com/ElrondNetwork/status/1370393784685633536