Unlocking The Potential Of Staked Belongings
Yes, through StaFi a lot of group members or capitals could manage their long-term holdings with a fantastic liquidity. For example, Alice is a long-term investor of ATOM tokens, and she want to hold for more than 2 years. 4) Cosmos ECO tokens can immediately mint out StaFiHub-based staking derivatives utilizing the Keplr pockets and the corresponding PoS Token. StaFi has offered liquid staking options for 8 PoS initiatives, including Ethereum , Binance , Polkadot , Kusama , Cosmos , Matic Network , Solana , and the native StaFI token .
A couple of months ago, the TVL of StaFi has reached above 100million USDT. Now StaFi’s whole locked value reached about 53 million $USDT in the intervening time due to the secondary market’s affect. At that point, a lot of our customers do not likely perceive what Staking is or what PoS is. Then we put plenty of effort into generalizing our ideas, such as holding lectures, to familiarize users with Staking. But we realized regardless of how we convey our ideas to them, many still couldn’t understand why the lock period of Staking is that lengthy in PoS public chains.
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In easy terms, StaFi is a DeFi protocol unlocking liquidity of staked property. Users can stake PoS tokens via StaFi and receive rTokens issued on StaFi chain in return, available for trading whereas still earning staking rewards. StaFi is the first DeFi protocol unlocking liquidity of staked belongings.