Stafi to Host Community Call on April 2nd

Stafi will host a community call on April 2nd at 8 am UTC. The purpose of the call is to discuss the continuation of the StaFi 2.0 journey and the launch of the LSaaS testnet.

Refer to the official tweet by FIS:

FIS Info

StaFi (Staking Finance) is the world’s first decentralized platform designed to solve the problem of liquidity in the staking process. The project was created on the basis of blockchain technology and implements a number of innovative solutions in the field of financial services.

Main features and characteristics of StaFi:

rToken: A token which is a standard token used for staking. When a user stakes via StaFi, they receive an rToken in exchange for the staked tokens. rToken can provide liquidity while the underlying token continues to be staked.

Liquidity in staking: One of the main problems with staking is that the staked tokens become unavailable for trading or other transactions. StaFi allows users to get around this problem by providing them with rTokens that can be freely traded or used in other applications.

Security: StaFi uses a number of mechanisms to keep user funds safe, including a decentralized validation model and special punishment schemes for unscrupulous validators.

Network Diversity: StaFi supports staking for a variety of blockchain networks, including Ethereum, Polkadot, Cosmos, and more.

The FIS Token is a native token of the StaFi platform that allows holders to participate in the governance of the ecosystem by voting on key proposals. The token serves as collateral for validators to secure the network, and is also used to pay fees, incentivize participants, and provide liquidity in DeFi applications.