DAFI Protocol is a blockchain startup that aims to reinvent rewards programs in every decentralized network. With its synthetics dTokens pegged to network growth, DAFI incentivized long-term usage while enhancing scarcity when demand is low.
Some of the most prominent figures in the cryptocurrency industry refer to DAFI as the Chain Link of staking rewards. So, we sat down with CEO Zain Rana to understand everything about DAFI.
Zain Rana: Hello, I'm a founder at DAFI Protocol, an intelligent and gamified Staking 2.0 protocol for limitless applications.
你好，我是DAFI Protocol的创始人，DAFI Protocol是一个用于无限应用的智能和游戏化的Staking 2.0协议。
Almost every network and decentralized economy can integrate our dTokens to create a better rewards program without the high inflation and native token release. These smart synthetics offer better yield in staking and liquidity programs as well as social and gaming applications. Essentially, DAFI allows blockchain projects to increase liquidity and network growth whilst offering maximized rewards to boost long-term commitment.
几乎每个网络和去中心化经济体都可以整合我们的dToken以创建更好的奖励计划，而不会出现高通胀和本地代币发行。这些智能合成在质押和流动性计划以及社交和游戏应用程序中提供了更高的收益。从本质上讲，DAFI允许区块链项目增加流动性和网络增长，同时提供最大化的奖励以促进长期承诺。
The DAFI team comes from mixed backgrounds of academia, traditional finance, and several well-established projects. My personal background was previously as a technical keynote speaker at some of the largest Blockchain events worldwide. I also proudly presented Bitcoin and the underlying technology to institutions and leading universities in England since 2018. I personally fell in love with exploring some of the most significant flaws in decentralized protocols. With the market chaos in 2018, it became clear that the method in which every network rewards its users (PoS, nodes, liquidity) doesn't work. The incentive structure is not tied to network demand and adoption, breeding an environment for short-term participants, and not hodlers.
DAFI团队来自学术界、传统金融和多个成熟项目的混合背景。我的个人背景之前曾在全球一些最大的区块链活动中担任技术主题演讲者。自2018年以来，我还自豪地向英国的机构和一流大学展示了比特币及其基础技术。我个人爱上了探索去中心化协议中一些最重要的缺陷。随着2018年的市场混乱，很明显每个网络奖励其用户的方法（PoS、节点、流动性）都行不通。激励结构与网络需求和采用无关，为短期参与者而非持币者营造了一个环境。
Zain Rana: Super Staking offers better rewards to long-term users, without a high inflation rate. It is an evolved staking system that is baked with several game-theory mechanisms. These include the ability for dTokens to multiply when market demand rises, additional rewards based on commitment, and APY boosts when other networks adopt their own dTokens. In theory, Super Staking is Staking 2.0.
Super Staking为长期用户提供更好的奖励，而不会产生高通胀率。它是一种进化的质押系统，融合了多种博弈论机制。这些包括当市场需求上升时dToken成倍增加的能力、基于承诺的额外奖励以及当其他网络采用他们自己的dToken时的APY提升。理论上Super Staking是Staking 2.0。
The key difference between Super Staking and primitive staking, is that by replacing native token rewards with dTokens rewards, we can achieve the desired inflation rates relative to the level of market demand. Super Staking uses oracles that feed data for dTokens to be pegged to. Such mechanisms make our smart synthetics adaptive to stress and changes in the market, and aligns users into a joint-consensus for protocol success.
uper Staking和原始Staking的主要区别在于，通过用dTokens奖励代替原生代币奖励，我们可以实现相对于市场需求水平的理想通胀率。 Super Staking使用预言机为dToken提供数据以进行挂钩。这种机制使我们的智能合成能够适应市场的压力和变化，并使用户对协议成功达成共同共识。
Super Staking V2 is launching in October, and it will be made available to other projects to adopt soon after.
Super Staking V2将于10月推出，不久之后将提供给其他项目采用。
We want to enforce the idea that “for every token there’s a dToken.” Such a mission will be accelerated when every protocol can easily launch a Super Staking pool. We would become like Uniswap, but for smart and dynamic staking.
我们想要强化“对于每个令牌都有一个dToken”的想法。当每个协议都可以轻松启动超级抵押池时，这样的任务将会加速。我们会变得像Uniswap一样，但是为了智能和动态的抵押。
Zain Rana: It's simple, if you love your users, give them dTokens instead of native tokens. The model of distributing unsustainable token rewards clearly doesn't work in the long-run. Everything decentralized is reliant on incentives; nothing could exist without this inflation.
很简单，如果你爱你的用户，给他们dTokens而不是原生代币。从长远来看，分配不可持续的代币奖励的模式显然行不通。去中心化的一切都依赖于激励；没有这种通货膨胀，什么都不会存在。
So the big question is, how does a protocol reward participants without damaging the network? In other words, how does an application acquire users, liquidity, and TVL whilst offering better yield to the users that genuinely care?
所以最大的问题是，协议如何在不损害网络的情况下奖励参与者？换句话说，应用程序如何获得用户、流动性和TVL，同时为真正关心的用户提供更好的收益？
Rewarding users through network demand is the key. When the market is fragile, rewards are more scarce, but as a protocol or application grows in demand, so do the dToken incentives that token holders receive.
通过网络需求回馈用户是关键。当市场脆弱时，奖励更加稀缺，但随着协议或应用程序需求的增长，代币持有者收到的dToken激励也随之增加。
This has widespread applications to potentially reinvent everything from staking, liquidity, social rewards, and gaming, to name a few.
这具有广泛的应用，可以彻底改变从质押、流动性、社会奖励和游戏等方面的一切。
Zain Rana: Liquidity is required for a token to have any value, it reduces friction in trading and exchanging of the token. Liquidity pools typically enable trading through an automated market maker. This is all made possible because contributors have supplied a split amount of two assets within the pool.
代币具有任何价值都需要流动性，它减少了代币交易和交换中的摩擦。流动性池通常可以通过自动做市商进行交易。这一切都成为可能，因为贡献者在池中提供了两个资产的分割数量。
By providing liquidity, you receive LP tokens to prove ownership of the pool and in return you receive trading fees. To build liquidity, token projects typically offer a reward program where they distribute their token in return for a user who provided the liquidity.
通过提供流动性，您会收到LP代币来证明池的所有权，作为回报，您会收到交易费用。为了建立流动性，代币项目通常会提供奖励计划，在该计划中，他们分发代币以换取提供流动性的用户。
The need for liquidity is of course essential here, but is this the best way to achieve it? It is an expensive, inflationary renting of liquidity from the protocol’s side, and the use of simple token rewards can actually exchange liquidity-acquisition with long-term supply shocks and inflation.
流动性的需求在这里当然是必不可少的，但这是实现它的最佳方式吗？从协议方面来说，这是一种昂贵的、通胀性的流动性租赁，使用简单的代币奖励实际上可以用长期供应冲击和通货膨胀来交换流动性获取。
You can now see that within a decentralized world, economic incentives are the heart of everything. A blockchain itself can be simply visualised as a collection of actors making decisions that will maximize their rewards. Anything that can move the network towards this equilibrium, such as liquidity reward programs, is a step in the right direction. But we can leap further.
您现在可以看到，在去中心化的世界中，经济激励是一切的核心。区块链本身可以简单地可视化为一组参与者，这些参与者做出的决策将最大化他们的回报。任何可以将网络推向这种平衡的东西，例如流动性奖励计划，都是朝着正确方向迈出的一步。但我们可以飞得更远。
Zain Rana: One interesting thing I've seen about NFTs is that they work best when an underlying community is behind them. In fact, in an ecosystem or an application like gaming, they act as an additional incentive. This is something that I’ve been researching for a while. If we can look at how we could create evolving collectibles for stakers, it could be a game changer. I think a personal bias here is that we’ve designed such a game theory inspired protocol, that we want to tackle a lot of different directions that the community don’t know about yet.
我在NFT中看到的一件有趣的事情是，当底层社区支持它们时，它们的效果最好。事实上，在生态系统或游戏等应用程序中，它们起到了额外的激励作用。这是我研究了一段时间的东西。如果我们可以看看我们如何为赌注创造不断发展的收藏品，它可能会改变游戏规则。我认为这里的个人偏见是我们设计了这样一个受博弈论启发的协议，我们想要解决社区尚不了解的许多不同方向。
Zain Rana: The truth is, all blockchains have to decide to compromise on scalability, decentralization, or fees. Typically, two traits can exist out of the three. Ethereum is so well-adopted that it will simply not disappear. Similarly, Binance Smart Chain's adoption since last year can be thought to be part of the growth of the Binance ecosystem and the powerful marketing initiatives.
事实是，所有区块链都必须决定在可扩展性、去中心化或费用方面做出妥协。通常，三个特征中可以存在两个特征。以太坊被广泛采用，它根本不会消失。同样，自去年以来币安智能链的采用可以被认为是币安生态系统增长和强大营销计划的一部分。
Over the past three years, I've seen multiple alternatives to Ethereum, but nothing has been able to kill the smart contracts giant, and I believe it's not going to happen. I think that both ETH and BSC can co-exist. There won't ever be one blockchain to rule them all. It's just not realistic. The beauty of decentralization is that you have options. Cross-chain agnosticism is becoming acknowledged, and I'm a big believer in this.
在过去的三年里，我看到了以太坊的多种替代方案，但没有什么能杀死这个智能合约巨头，我相信这不会发生。我认为ETH和BSC可以共存。永远不会有一个区块链来统治所有这些。这不现实。去中心化的美妙之处在于你有选择。跨链不可知论正在被承认，我对此深信不疑。
Zain Rana: From a personal perspective, I think that right now gaming and play-to-earn are two popular trends, and DeFi is starting to pick up as a result. I’m of course a personal fan of gaming because the incentive theory that makes it work, is partially what inspired DAFI.
从个人的角度来看，我认为现在游戏和玩赚钱是两个流行趋势，因此DeFi开始回暖。我当然是游戏的个人粉丝，因为使其发挥作用的激励理论部分激发了DAFI。
It's a pretty cool time to be in crypto. I spend a lot of time with some of the brightest minds in the industry, so I’m pretty excited about what the next few months & years have to show. Bitcoin may be scarce but innovation here certainly isn’t.
这是一个非常酷的加密时间。我花了很多时间与业内一些最聪明的人在一起，所以我对接下来几个月和几年必须展示的东西感到非常兴奋。比特币可能稀缺，但这里的创新肯定不是。