StaFi & SSV Co-Incentive Program — Round 1
Following the successful passage of the proposal “Boosting Ethereum Staking Adoption and Decentralization through Collaborative Incentives with SSV” last week, we are excited to announce significant progress in its implementation.
Step 1 — Staking Treasury ETH to StaFi
We have successfully completed the first phase of the campaign, which involved staking ETH from the StaFi treasury through a secure contract upgrade and multi-signature process. This ensures the transparency and accountability of the staked funds.
Voting: https://voting.opensquare.io/space/stafi/proposal/QmTYnBwTG6MLRwPg5ntn3tsBi6M2Vp1RvLeix13esE7det
Transaction Address: https://etherscan.io/address/0xe300966c51437ee65bc24dec3b338cf2e1a625cf
Active validator:
- 0x8a9367731c62f7ff4bc8093cac08ea6f1532c945e7e69c791dd7d73ebf7e342a0439835809480fc49c14eed9a88b7492
- 0xb3a40d6bef946185d0dc816e0bee7d6a3a540eef3f13c1f4558dbdf6d09176cdd3c03e375801882c72200793029b9f67
- 0xa23f219e9a6444601fe5fc27220dc9fd71d405d1f50ccd69c9627a216e39df7ee3b07a0614a9c40762d0791227678a51
Step 2 — Launching ETH Staking Incentives
The second phase, launching a dedicated ETH staking incentive program on the StaFi mainnet, is now underway. In the first round, we will utilize 38,000 FIS tokens to reward users who stake ETH through the rToken app. This initiative aims to attract approximately 380 ETH to the staking pool. Participants will receive their FIS rewards linearly over a one-month period.
Additional Opportunities — rETH Farming
Don’t miss the opportunity to further enhance your returns! rETH farming is now active, allowing you to deposit your rETH tokens in the dedicated farming pool and earn an additional APR.
How to Get Involved
- Stake ETH & Mint rETH: https://app.stafi.io/pool/all/?poolTab=Mint
- Stake Guide: https://docs.stafi.io/stakingeth/
- Liquidity Mining Guide: https://docs.stafi.io/stakingeth/liquidity/
- Bridge Guide: https://docs.stafi.io/bridge/
About SSV (Secret Shared Validator) Network
SSV Network, also known as Secret Shared Validator Network, is a decentralized layer 0 staking infrastructure that operates between a Beacon Chain node and a validator client. It leverages Distributed Validator Technology (DVT), also called Secret Shared Validators, to split and run Ethereum validators among several customizable non-trusting nodes in a network. This unique protocol encrypts, splits, and distributes the validator key, ensuring that no single operator has control over the validator. The distributed operation of validators enhances the security and fault tolerance of the network, even if some operators are offline.
SSV Network emphasizes fault tolerance, customization, zero-coordination, and decentralization. It provides an ideal choice for businesses and individuals seeking to participate in Ethereum staking without worrying about infrastructure complexities. With SSV Network, validators remain secure, distributed, and consistently deliver optimal performance.
About StaFi
StaFi protocol is the first liquid staking protocol for multiple POS blockchains. StaFi aims to solve the contradiction between Mainnet security and token liquidity in PoS consensus.
Users can stake PoS tokens through StaFi and receive rTokens in return, which are available for trading, while still earning staking rewards. rToken is a synthetic staking derivative issued by StaFi to users when users stake PoS tokens through StaFi rToken App . rTokens are anchored to the PoS tokens staked by users and the corresponding staking rewards. rTokens can be transferred and traded at any time.
To date, the platform has released up to 10 various liquid staking solutions including rETH (StaFi Staked ETH), rMATIC, rBNB, rATOM, among others.
