Stafi

Overview of Stafi

Stafi Protocol solves the liquidity issues by introducing Liquid staking, which enables users to stake on PoS chain, Earn rewards, Secure the network and also remain 100% Liquid at the same.

Stafi introduces rTokens – rewards bearing token, which can be used to sell it on secondary markets and hedge against the positions without having to go through the unlocking period.

StaFi is working on launching rTokens for a variety of assets running on Proof of Stake blockchains, including Ethereum (rETH), Polkadot (rDOT), Cosmos (rATOM), and others.

StaFi, founded in 2020 and built on Polkadot, is among the first-ever decentralized protocols that help unlock the liquidity of staked assets via its own platform.

StaFi stands for Staking Finance and with protocol aims to solve the contradiction between Mainnet security and token liquidity in Proof-of-Stake consensus.

Stafi is a human resources solution with which you can manage all processes related to your employees from candidacy right up to the time they leave.

Stafi price Index provides the latest FIS price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

StaFi, a DeFi application built on Polkadot, has locked staking tokens worth $205 million bonded across 1,767 addresses.

StaFi’s native asset is called FIS, and it’s involved in three situations known as staking, value capture, and gas.

Stafi's share of the entire cryptocurrency market is 0.00% with the market capitalization of $ 74.59 Millions.

Blockchain

The Stafi team are developing a decentralized network for staking smart contracts that can further be linked to proof of stake blockchains, such as Elrond.Instead of staking natively on Elrond, a participant can choose to stake through the Stafi blockchain, and immediately receive rTokens, proportional to the amount of eGLD staked.

Network

“Since staking in Marlin is going to launch with an unbonding period of 30 days while providing highly competitive rewards to validators, our work with StaFi to develop rPOND should be of great interest to POND token holders planning to participate in the network.StaFi’s new Ethereum bridge makes rPOND nearly indistinguishable from POND itself.”

Support

🔔 Stafi Protocol, the first DeFi protocol unlocking liquidity of staked assets and a project built on Polkadot, has reached a partnership with Bluzelle.Being able to bridge off-chain and on-chain data with our decentralized database and oracles, Bluzelle will help to support data for Stafi’s staking contract, such as pledge, redemption, transaction, as well as mapping information between rTokens & Staked tokens.

Transactions

This partnership with Stafi will be a great example of how Bluzelle’s decentralized oracles can bridge external data on-chain for smart-contract enabled platforms including Polkadot.Our database will also allow Stafi to scale along with their increasing staking transactions.

How do I buy Stafi?

It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Stafi.

How do I mine Stafi?

Stafi is a proof-of-stake (PoS) currency, which means that blocks on the Stafi blockchain are not mined using hashing algorithms like Bitcoin.Rather, coins are earned by “staking” existing coins on the network or by running a master node.

How To Nominate on StaFi?

To start nominating on StaFi, first go to https://apps.stafi.io/#/explorer.If it’s your first time navigating this website, you will be asked to authorize the application via a pop-up.Select: “Yes, allow this application access” to continue.

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What is Stafi?

StaFi protocol is a decentralized protocol unlocking liquidity of Staked assets.StaFi aims to solve the contradiction between Mainnet security and token liquidity in PoS consensus.The token holders are staking through staking contracts built in StaFi protocol, and then get alternative tokens (rToken ,such as rXTZ, rAtom, rDot, etc.), rTokens are tradable and it can get staking rewards from the original chain at the same time.

What is the value of Stafi?

One Stafi (FIS) is currently worth $2.76 on major cryptocurrency exchanges.You can also exchange one Stafi for 0.00004976 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Stafi in U.S.dollars is $31.01 million.

Where can I get Stafi wallet?

Stafi produces its own wallet software that is available for download on its website, which allows you to store Stafi on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

Where is the Stafi family from?

Sorry, we couldn't find geographic distribution information for Stafi.

History of Stafi