UNFI to Fiat Converter

### What Is Unifi Protocol DAO (UNFI)?

Unifi Protocol is a blockchain project focused on redefining blockchain economics. Its core idea involves using a stablecoin as the network's gas token to minimize transaction volatility and inflation. The goal is to create a sustainable blockchain economy that supports practical business applications.

Unifi Protocol DAO has developed several innovative solutions since its inception, including:
- A wrapperless cross-chain bridge (uBridge)
- A multi-chain automated market maker (uTrade)
- Advanced DeFi arbitrage strategies (DARBi)
- A fully collateralized ecosystem token ($UP)

UNFI serves as the governance token for Unifi Protocol DAO, granting holders the right to propose and vote on protocol decisions.

### Who Are the Founders of Unifi Protocol DAO?

Unifi Protocol DAO was founded by Sesameseed, an online staking community. Key team members include:

- Juliun Brabon (Co-founder & CEO): Holds an English degree from the University of Buffalo and has experience in operations management. Previously served as president of companies like Jarrow Industries and Dr. Vita before co-founding Sesameseed in 2018.
- Kerk Wei Yang (Smart Contract Developer): Graduated from Nanyang Technological University in Singapore and worked in data administration before joining Unifi Protocol DAO full-time.
- Daniel Blanco (Lead Developer): Brings expertise in information technology from prior roles at companies like Transparent CDN and Seedtag before joining the project.

### What Makes Unifi Protocol DAO Unique?

Unifi Protocol DAO challenges traditional blockchain models by eliminating the need for a native inflationary gas token. Instead, it explores alternative economic structures to improve scalability and sustainability. The project questions conventional validator incentives and seeks solutions that encourage broader blockchain adoption for real-world business use.

### How Many Unifi Protocol DAO (UNFI) Coins Are in Circulation?

The total supply of UNFI is capped at 10,000,000 tokens, with approximately 5,800,000 currently in circulation.

UNFI is designed as a multi-chain governance token, available on multiple blockchains to ensure decentralization and accessibility. The DAO supports liquidity for UNFI across these networks, with details available in the project’s developer documentation.

Additionally, UNFI has been distributed through initiatives such as Binance Launchpool and Ethereum staking programs.

### How Is the Unifi Protocol Network Secured?

Unifi Protocol uses a proof-of-stake (PoS) consensus mechanism, where validators secure the network by staking tokens. Unlike proof-of-work (PoW), PoS is energy-efficient and scalable, reducing the need for excessive computational power while maintaining network security.