Abstract
StaFi’s long-term vision is to provide liquidity solutions for all PoS projects, making staking easier and more flexible. To achieve that, StaFi has released 7 rToken solutions including rETH, rBNB, rFIS, rDOT, rKSM, rATOM and rMATIC solutions.
Today, StaFi is excited to announce the launch of the rSOL solution, which solves the staking liquidity problem for the Solana community.
rSOL App Introduction
Definition
rSOL, a decentralized DeFi product produced by StaFi that solves the liquidity problem of staked SOL on Solana mainnet.
rSOL token is a synthetic staking derivative issued by StaFi when users stake SOL through the StaFi rSOL App. rSOL tokens are…
StaFi rBNB App has been launched after completing community testing and security audit. In order to incentivize BNB stakers to participate in rBNB App, StaFi officially launch a StakingDrop campaign with 1000,000 USDT valued FIS token Pool. Anyone who stakes BNB during the period from 12PM UTC, 17 September, 2021 to 12PM UTC, 17 March, 2022, through rBNB App could have the chance to get the FIS token rewards.
StakingDrop Rules for Stakers
1) From 12PM UTC, 17 September, 2021 to 12PM UTC, 17 March, 2022, stakers who stake BNB through StaFi rBNB App will are entitled to receive the native FIS tokens as…
Abstract
StaFi’s long-term vision is to provide liquidity solutions for all PoS projects, making staking easier and more flexible. To achieve that, StaFi has released 6 rToken solutions including rETH, rFIS, rDOT, rKSM, rATOM and rMATIC solutions.
Today, StaFi is excited to announce the launch of the rBNB solution, which solves the staking liquidity problem for the Binance Chain community.
In Binance Eco, there are 2 blockchains including Binance Chain( BC) and Binance Smart Chain(BSC). BSC is an innovative solution to bring programmability and interoperability to Binance Chain which is the BNB staking layer. …
On September 9, StaFi invited Zhuling Chen, the CEO at RockX to the StaFi community to talk about the latest development of RockX and cooperation between RockX and StaFi.
The full Recap content is organized below.
1.Please tell us more about yourself and RockX?
Zhuling: Hi, my name is Zhuling Chen. I have been in the crypto space for over four years, with a focus on building a public blockchain and helping projects to grow. With the experience in building public blockchain, I see the big potential of web 3.0, bringing privacy and control of the internet back to users. Smart Contracts with the power of POS consensus…
We’re happy to announce that StaFi has launched our governance platform in partnership with Commonwealth, which is the crypto native, all-in-one community & governance tool used by many of the top DeFi projects. In this new version of the forum, there are much more upgrades from Commonwealth, and it will be more powerful in functions for our community.
This new community utility for StaFi will foster further innovation and push the project forward to benefit all stakeholders. …
By introducing rTokens, StaFi enabled the re-circulation of Staking assets on the PoS chain. rTokens, by their underlying structure, are anchored to Staked Native Tokens and the corresponding Staking Rewards. This makes rTokens in the ideal collateral in the lending protocol.
Holders of rToken can deposit their rTokens as collaterals on the lending protocol, lending ETH or other tokens, including stablecoins like USDT/USX, in exchange for liquidity. This is one of the important reasons why StaFi is cooperating with Liqee, a lending platform. …
In August, StaFi made significant progress in product update, and successively released new features such as rToken BSC Bridge, Fee Station, rMatic App and Mint Program. In terms of expanding rToken application scenarios and improving rToken liquidity, StaFi and Liqee jointly initiated incentive campaign for rETH, rDOT and rATOM as the first batch of assets in the BSC and Ethereum ecosystem. Besides, StaFi also cooperated with Pancake in rToken liquidity. Generally, we got many achievements in August.
The following are details of the general progress in August.
Technical Update
1.rToken BSC Bridge
On Aug 2, BSC Bridge was integrated into the rToken app, users could…
StaFi rMATIC App has been launched after completing community testing and security audit. In order to incentivize MATIC stakers to participate in rMATIC App, StaFi officially launch a StakingDrop campaign with 150,000 USDT valued FIS token Pool. Anyone who stakes MATIC before 12PM UTC, 1 March, 2022 through rMATIC App could have the chance to get the FIS token rewards.
StakingDrop Rules for Stakers
1) Before 12PM UTC, 1 March, 2022, stakers who stake MATIC through StaFi rMATIC App will are entitled to receive the native FIS tokens as the rewards. The more MATIC tokens you stake, the more FIS tokens you will receive.
On August 27, StaFi invited Mindao, the Co-founder at dForce and Alex, the Co-founder at Liqee to the StaFi community to talk about the latest development of Liqee and cooperation between Liqee and StaFi.
The full Recap content is organized below.
1.Tell us more about Liqee — what makes Liqee special against other DeFi lending?
Alex: Liqee is a decentralized lending protocol powered by dForce’s smart contracts. Unlike other DeFi lending protocols (Compound, Aave) who support mainly crypto assets, Liqee is featured by a vertical marketing approach with a focus on liquid staking assets (including PoS staking assets, DeFi staking assets, etc). This is a new asset class with a market cap totaling approximately…
StaFi’s lending protocol partner Liqee will be live on 27 August, 2021, and integrate StaFi’s 3 rTokens including rETH, rDOT and rATOM as the first batch of staking derivative assets on its launch. See the details of this partnership.
With Liqee, StaFi’s 3 rToken, including rETH, rDOT and rATOM, could be used as collaterals to borrow underlying PoS staking assets, like supplying rDOT to borrow DOT or minting $USX (US dollar pegged stablecoin launched by dForce) .
In order to encourage the rToken users to experience the staking derivative lending products on Liqee, StaFi will jointly work with Liqee and…
