DAFI x Polygen Partner for staking 2.0

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We want to give the Polygen community even more benefits and the most frequent request is the ability to stake on our platform. So we partnered with DAFI to give you just that — for all project tokens listed on Polygen.

Polygen will be working with DAFI to give our users access to their dToken reward mechanism. This cool feature supports Polygen users to keep hold of their project tokens. Rather than utilizing traditional APY mechanisms, we set up pools with realistic business goals and by staking your tokens and helping us meet the goals, we all benefit.

How does it work?

Community super staking comprises multiple staking pools. These pools are built using ‘demand pegged algorithms’ which means rather than locking in your tokens for JUST a time period i.e 60 days, you stake over time until a goal is reached i.e the price of a project token is $1. After initial lock up, you can claim rewards and un-stake at any time.

“We are very excited to be partnering with Dafi, who will play a huge role in maintaining our relationship with our community through their staking program. Staking is a critical element for the success of a launchpad, as it incentivizes users with rewards for staying loyal to a project. $PGEN is our native utility token and one of its core utilities is that it can be staked on our platform to unlock various access rights for our users.”

- Mike Hepburn, CEO of Polygen

Zain Rana, Founder at DAFI Protocol said,

“Our partnership with Polygen is vital for the blockchain industry as a whole. For the first time, protocol founders will have the opportunity to synchronize the relationship between token reward distribution methods and the self-healing capabilities of the network. While Polygen gives entrepreneurs and developers a stage to fund their projects, we give them the tools to build a sustainable rewards economic engine from the get-go.”

About DAFI

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.

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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Polygen is the Community’s launchpad. We enable Projects to experiment and innovate with no gatekeepers- anyone can launch any project with no fees.
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