Description
Stafi is a DeFi project that enhances the liquidity of staked Proof-of-Stake (PoS) assets by issuing rTokens, which are reward-bearing derivatives. Operating on a blockchain built with the Substrate framework, StaFi aims to bridge the gap between staking and DeFi. Users can stake assets like Ethereum, Cosmos, Binance, Polygon, and Solana tokens to receive rTokens such as rETH, rMATIC, and rBNB, enabling them to engage in DeFi activities without forfeiting staking rewards. StaFi was launched in 2020 and its native token, FIS, plays a key role in network security and transaction facilitation. The project addresses significant challenges such as lengthy unbonding periods and optimizing staking returns through automated validator selection. StaFi is expanding rToken listings on exchanges and integrating with swap and lending pools to enhance utility and adoption. For further details, visit [StaFi.io](https://www.stafi.io/).
Stafi is a DeFi project that enhances the liquidity of staked Proof-of-Stake (PoS) assets by issuing rTokens, which are reward-bearing derivatives. Operating on a blockchain built with the Substrate framework, StaFi aims to bridge the gap between staking and DeFi. Users can stake assets like Ethereum, Cosmos, Binance, Polygon, and Solana tokens to receive rTokens such as rETH, rMATIC, and rBNB, enabling them to engage in DeFi activities without forfeiting staking rewards. StaFi was launched in 2020 and its native token, FIS, plays a key role in network security and transaction facilitation. The project addresses significant challenges such as lengthy unbonding periods and optimizing staking returns through automated validator selection. StaFi is expanding rToken listings on exchanges and integrating with swap and lending pools to enhance utility and adoption. For further details, visit [StaFi.io](https://www.stafi.io/).
