Proof of Usefulness Report

UniFarm

Analysis completed on 2/1/2026

+62
Proof of Usefulness Score
You're In Business

UniFarm is a known DeFi protocol from the 2020-2021 cycle that offered 'cohort' staking. While the project achieved some initial traction (TVL), it suffered a significant security breach (hack) in 2022 and has since seen minimal activity, rendering it effectively dormant ('zombie' status). The submission provided is of extremely low quality, containing blatant falsehoods (e.g., claiming 'most people have used my product' and 'Audience Reach: everyone') and irrelevant tags ('space-technology'). Due to the lack of current verifiable traction, the halted growth, and the poor quality of the submission, the score is heavily penalized.

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Score Breakdown

Real World Utility10.0 (Weighted: 25.0)
Audience Reach Impact5.0 (Weighted: 10.0)
Technical Innovation12.5 (Weighted: 18.75)
Evidence Of Traction2.5 (Weighted: 6.25)
Market Timing Relevance5.0 (Weighted: 5.0)
Functional Completeness0.0 (Weighted: 0.0)
Subtotal+65
Usefulness Multiplierx0.95
Final Score+62

Project Details

Project URL
unifarm.co
Description
UniFarm is an innovative staking solution that brings together top DeFi projects and creates a high-performing group farm for them. The platform allows token holders of any one project to diversify their investment portfolio by staking one token and farming a bunch of good project tokens, without any market risks.\n\nBy creating a pool with UniFarm, startups enable a new utility for their tokens, which is that now it can be staked to earn a bunch of other tokens as rewards. Since tokens are now getting staked, they are removed from the trading supply giving startups breathing space to focus on other aspects. The gamification framework on UniFarm ensures that if few users are staking, the APY is very high (250% to 350%), encouraging investors to stake more tokens, thereby creating a demand for it. We also guarantees a minimum APY to ensure value creation for stakers.

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline