Unifi Protocol DAO (UNFI) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
Unifi Protocol DAO is a combination of blockchains and smart contracts secured by a proof-of-stake (PoS) consensus mechanism. To ensure the validity of nodes and secure the mining process, PoS relies on the fact that tokens are stackable. UNFI is an Ethereum token that powers the Unifi Protocol and can be staked to earn rewards or provided as liquidity to earn a bonus share of every liquidity rewards token minted. Additionally, UNFI stakers have exclusive access to Proposals and Referendums, which allow them to propose or vote on Unifi governance actions across multiple blockchains.
Crypto.com App users can now purchase UNFI at true cost with USD, EUR, GBP, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.