It’s been a busy week for crypto, so here’s a quick ‘In Case You Missed It…’ for our locked liquidity so far!
With the conclusion of Week 2 of the Community Distribution Fund and the Redemption Center opening up, we wanted to provide you a quick and short ‘ICYMI’ for the locked liquidity so far!
Uhhh, what locked liquidity?
As part of the Community Distribution Fund, every week we set aside a percentage of the ETH raised and buyback tokens to add to the locked liquidity of UNIFI DeFi. The more people engage with the CDF, the more locked liquidity added.
With 52 combined weeks of the CDF, it’s clear to see how rapidly things can add up!
Okay, sweet, so what’s the deal?
We’ll cut all the BS and noise and get straight to the point:
- Week One: 94,651 UNIFI DeFi tokens added as locked liquidity
- Week Two: 181,565 UNIFI DeFi tokens added as locked liquidity
Yep, that’s right, after just two weeks of the CDF (of 52 weeks total – 50 still to come…) we’ve added over 275,000 tokens to locked liquidity. Bam!
What is the Community Distribution Fund?
TL;DR – CLICK HERE for a full explainer article!
Supporters will be able to enter weekly rounds (buckets), one every week for 52 weeks, and exchange ETH directly for a token share. The more ETH you input, and depending on the ETH input of other participants, the more tokens you redeem!
Every week there is a minimum of 1,000,000 UNIFI DeFi tokens available per bucket, and for the first 8 weeks +20% tokens will be allocated to supporters who participate at the point of redemption!
Whilst this also offers a great token buy price for our supporters, it provides UNIFI DeFi 52 continual weeks of locked liquidity, every week! That’s an entire mind-blowing year.
It also provides a continual flow of token velocity, something necessary for the longevity of any DeFi project. While the price fluctuates, as to be expected with any new initiative, we remind our loyal supporters that from day one UNIFI DeFi has been a project focused on longevity – we’re not a quick “pump and dump”, we’re here for the long run and we have some great things up our sleeves.
Congratulations to all our supporters who managed to enter our first two CDF buckets, and we look forward to welcoming even more people into our third round very soon!
A token buyback event will occur at an unannounced time for the second round of the Community Distribution Fund – stay tuned for more on this!
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This is one of our most significant and landmark launches so we can’t wait for our Unifamily to get stuck in. This is both a way for the entire project to raise in value, while also offering our Unifamily more ways than ever before to earn even more UNIFI tokens.
As always, we hope you’re all having a wonderful week – we cannot wait to get all of this live and in your hands!
Stay tuned with UNIFI DeFi for more explainer articles on everything to do with crypto and DeFi – it’s a new and exciting world out there, and we’re so pumped to have our awesome Unifamily on this journey alongside us.
Stay in Touch With UNIFI DeFi
As always with UNIFI DeFi, there’s much more news coming soon! Keep an eye out on the official UNIFI DeFi Telegram HERE for more, including big announcements and community discussions. There’s a lot coming up!
Buy Unifi DeFi:
Uniswap: https://app.uniswap.org/#/swap?outputCurrency=0x0ef3b2024ae079e6dbc2b37435ce30d2731f0101
Hotbit: https://www.hotbit.io/exchange?symbol=UNIFI_USDT
Staking:
Staking Portal (Powered by Ferrum Network): http://staking.unifidefi.com/
Price and Marketcap links:
Coinmarketcap: https://coinmarketcap.com/currencies/unifi-defi/markets/
Coingecko: https://www.coingecko.com/en/coins/unifi-defi
Useful links:
Website: https://unifidefi.com/
Whitepaper: https://unifidefi.com/assets/UNIFI%20Whitepaper.pdf
Etherscan link: https://etherscan.io/token/0x0eF3b2024ae079e6dBC2b37435cE30d2731F0101
Telegram: https://t.me/UnifiDeFi
Twitter: https://twitter.com/UnifiDeFi
Medium: https://medium.com/@unifidefi
Discord: https://discord.gg/zst234k
Youtube: https://www.youtube.com/channel/UCIs9MkJb8-CbtAGq_hybdTw
Reddit: https://reddit.com/r/UnifiDeFi
Like the tide rising, we are inevitable.
