StaFi Liquid Staking as a Service Launches on Testnet

StaFi_Protocol
3 min readMar 25, 2024

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Hey, StaFi Community!

As we continue our journey towards 2.0, we’re excited to share an important update that signifies a significant milestone for StaFi 2.0: the launch of StaFi Liquid Staking as a Service (LSaaS) on the testnet.

What is StaFi LSaaS

Liquidity Staking Derivatives (LSD) are becoming increasingly essential components of Layer-1 blockchains. However, a key challenge lies in swiftly and effectively launching a secure and capital-efficient LSD on a Layer-1 blockchain.

Rollup as a Service (RaaS), embodied by ALT, along with optsack, has significantly streamlined the development of Layer 2 solutions, fostering their rapid advancement.

StaFi 2.0 introduces StaFi LSaaS, a significant product shift from a multi-chain LSD protocol to an LSD infrastructure layer. This layer aims to accelerate the rollout of Liquid Staking Tokens (LSTs) by offering pre-built LSD stacks for developers.

StaFi LSaaS provides three core pre-built stacks catering to different blockchain environments:

  • ETH LSD Stack: This empowers developers to create their own ETH LSDs seamlessly. It integrates with various DeFi protocols, enabling effective staking pool management and growth.
  • EVM LSD Stack: This stack facilitates the deployment of LSDs on EVM-compatible blockchains (e.g., BSC, Polygon) leveraging a robust development toolkit.
  • CosmWasm LSD Stack: This stack simplifies LSD creation within the Cosmos ecosystem using the CosmWasm framework. It supports deployment on Neutron and native Cosmos chains.

An innovative Liquid Restaking Token (LRT) Stack will also be introduced in the future. This addition will further empower LRT projects by streamlining LSD deployment within their applications.

How to Get Involved

About StaFi 2.0

StaFi 2.0 will be a major upgrade and rebrand. In terms of positioning, StaFi will transform from a multi-chain LSD protocol to an LSD Infra Layer, and the brand will also be upgraded accordingly. In terms of tokenomics, FIS will introduce a burn mechanism and add new utilities. In terms of security, on top of the existing chain security, it will support contract layer security, including support and frameworks for multiple VMs such as EVM and WASM.

Read more about StaFi 2.0.

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StaFi_Protocol

StaFi_Protocol A Decentralize Protocol to Provide the liquidity of Your Staking Assets