Why Datify matters


  • Datify is the first DeFi project incubated by a European CeFi bank.

  • Datify was originally a self-funded project from 2017, backed by it’s founders. Datify’s first product, BP, was adopted within the UK’s NHS in 2018.

  • Datify had one simple vision – create a fair, scalable protocol to access finance features for everyone. The DAFI token model builds an evolved form of DeFi with near-zero fees

Lending

When DAFI tokens are loaned, they are staked for rewards

Zero-fee

An elastic-reward replaces high-fees, making DAFI fair & accessible

Liquidity

DAFI staking releases an elastic-token, which incentivizes liquidity while adapting to market demand

Datify (dat-if-i)


Adaptive

The elastic-DFY rewards change in availability in response to the protocol demand without inflating/diluting

DeFi, imagined differently

This adaptive nature can be seen in Fiat’s CeFi, and allows Datify to scale as a zero-fee protocol

Fair

The vision for Decentralized Finance (DeFi) was to bank the unbanked. DAFI tokens lower the barrier to entry, enabling DeFi for everyone

The major problem


High fees

The main reason why DeFi is not suited to the mainstream, DAFI reinvents the economics behind DeFi

Inflationary tokens

Most DeFi tokens force a high-token velocity, the solution to this is using an inflation-resistant token model

Not-sustainable

The lack of response to stress/changes in the crypto market, means that most current DeFi models will fail during a bearish-cycle

DAFI Token Sale

The first of it’s kind, DAFI’s fixed-supply combines lending with staking to create an economically-friendly protocol of financial features.

You can sign up for the waiting list below.


Token Name :

DAFI

Total Supply :

2,250,000,000

Tokens For Sale :

787.500,000 (35%)

Price :

TBD (~$0.02)

Soft Cap :

$ 1.5m USD

Hard Cap :

$ 9m USD

Accepted Cryptocurrencies :

ETH, BTC, USD, EUR

Distribution :

Distributed after listing

DeFi, reinvented


Decentralized Finance (DeFi) is growing both in value collateralised, and true use-cases. Datify introduces an evolved form of DeFi, which could also be adopted by future/existing DeFi protocols.

1 $DAFI token.

Instead of the borrower paying high interest fees, DAFI enables anybody to borrow with low-to-zero fees. DAFI is the core token of the Datify protocol.

2 DeFi, envisioned differently.

Normally, when you lend tokens, you receive interest. $DAFI functions differently. When it is loaned, it is then staked in the Datify protocol. This generates a supply-elastic reward, called DFY.

The issuance of DFY’s are made to replace fees. The unique trait of DFY-rewards are that they are elastic. To put simply, when the volume/issuance of DFY’s increases, so does the available supply. This creates a DeFi protocol which scales proportionally to the demand of the protocol, without inflating/diluting.

3 A new economy.

Datify achieves the following traits –

  • Eliminating fees

  • Incentivizing liquidity with an inflation-proof design

  • Scale as the volume/demand increases

Roadmap


  • 2017

    Datify was concepted

  • 2018

    First data-analytics product (BP) development & adoption

  • 2019

  • Q1 2019

    Initial Datify Blockchain MVP development

  • Q2 2019

    Roadshow events across APAC (inc. S Korea)

  • Q3 2019

    Key partnerships, and NatWest bank incubation

  • Q4 2019

    Datify MVP code accessible

  • 2020

  • Q1 2020

    Datify branding changes

  • Q2 2020

    Strategic partnerships confirmed privately

  • Q3 2020

    DFY MVP development

  • Q4 2020

    Public sale for DAFI

  • 2021

  • Q1 2021

    DAFI lending enabled with elastic-DFY rewards

  • Q2 2021

    Elastic-DFY issuance lowering fees to near-zero

  • Q3 2021

    DFY governance & protocol decisions

  • Q4 2021

    Further blockchain scalability

  • 2022

  • Q1 2022

    Implementing DAFI-DFY liquidity model into new DeFi features

  • Q2 2022

    Accelerating DAFI’s evolved DeFI

Become part of Datify

Frequently Asked Questions


Datify is now the first DeFi protocol incubated by a CeFi bank, and intelligently combines lending with staking & elasticity to eliminate high-fees.

In 2017, Datify was self-funded by it’s founders, since then it has been presented at leading events all over the world, and focused on building in stealth mode.

The team believe in 3 principles : sound-economics, transparency, and most importantly, fairness.

Datify is a zero-fee, scalable DeFi protocol, combining loaning with staking & elasticity. When DAFI tokens are loaned, they are staked, which issues a supply-elastic reward.

Therefore, eliminating high interest-fees entirely, and creating a protocol which is adaptive to changes in the market.

Datify is designed to create an inflation-resistant protocol which could support almost any financial features, more than just lending.

When the world went into darkness due to COVID, global economies faced a near-heart attack. This meant that central banks printed out billions to ‘fix’ this.

Why is this bad? Well, in June 2020 alone, the US printed more than $864 Billion out of thin-air. This is more fiat created than from 1776 until 1979 (over two centuries).

Perhaps, this is the pin to the giant fiat-bubble, which could have catastrophic effects on the world. These factors allowed Decentralized Finance to flourish.

Datify introduces a new way of viewing DeFi, with it’s combination of a fixed-supply and elastic-reward token. DAFI tokens truly create access to a world of financial features for everybody.

Zain came from a background of analysing foreign currency markets, after being published on sites like Tradingview. He transitioned into Cryptocurrency design and was an early investor in pioneer-DeFi projects including Havven (Synthetix). Zain has presented at most of the major-blockchain events across the world, and was the youngest world congress event speaker. He co-founded a data analytics software (BP) in 2018, which was made free to use during the COVID-19 pandemic. Zain is also a major football fan, and enjoys green tea.

Ahmed is PhD candidate at the University of Manchester, and the notable Alec Green award holder as well as the Johnson & Johnson prize winner.

Together, they believe in creating a fair, shock-resistant economy for the people.

DAFI tokens will be available to everyone in November/December 2020.

It’s recommended that you sign up for the waiting list here.

You should join the Datify social media – it’s a great place to wait for upcoming announcements

Datify is already in talks with several exchanges. The listing will occur directly after the DAFI token sale.

Since 2017, Datify has been focusing on development, growth and partners. For more questions, say hello in the Datify telegram or twitter.

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