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Unifi
About Unifi
Unifi (UNIFI) is an Ethereum-based governance token originally launched in August 2020 as part of the DFOhub ecosystem, under the UniFi Hub banner (later rebranded as Covenants). It was created to enable on-chain governance for a Decentralised Flexible Organisation, allowing token holders to vote on proposals, protocol upgrades, and treasury management. UNIFI also played a role in early DeFi applications, such as yield farming and liquidity mining, integrating governance with operational utility. In a major migration and rebranding effort, UNIFI, along with BUIDL and ARTE, was merged into a unified governance token known as $OS under the EthereansOS umbrella. Today, UNIFI exists only as a legacy asset, with its governance power and utility fully transferred to $OS.
Unifi (UNIFI) is an Ethereum-based governance token originally issued as part of a Decentralised Flexible Organisation (DFO) within the DFOhub ecosystem. The token was launched in August 2020 under the UniFi Hub banner and later became associated with the Covenants brand. Its primary function was to serve as the voting and decision-making instrument for the on-chain organisation, empowering token holders to influence protocol upgrades, treasury management, and other critical aspects of the platform.
- Governance: It allowed holders to participate directly in on-chain voting, ensuring that proposals regarding protocol enhancements, parameter changes, and strategic initiatives were democratically approved by the community.
- DeFi Utility: Beyond governance, UNIFI was integrated into various DeFi products built by the DFO. These included early yield farming programmes and liquidity mining schemes, where participants could earn rewards by staking or providing liquidity. Essentially, UNIFI connected the operational activities of the DFO with the broader decentralized finance ecosystem, acting as both a governance and a utility token.