HOW STAFI COLLABORATION WITH STONE DEFI INTENDS TO IMPROVE THE BLOCKCHAIN

Michael Oluseye
3 min readMar 30, 2021

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INTRODUCTION

The minimization of liquidity defect in the global market depends on the rate of how “rToken’’ is being used for transaction in other commercial correspondence application platform. Stafi teams has made a tremendous efforts in development of FIS for the provision of stable network service and robust security system in order to enhance effective transaction and provide maximum safely of the investors assets in their administrative system.

ABOUT STAFI PLATFORM

Stafi is a Defi system that was designed for the essence of unlocking liquidity in the commercial assets by achieving yield during business transaction.

WHAT STAFI HAVE ON BOARD FOR THEIR USERS

Stafi team is intending in launching of “rATOM infographic” an instructional material that will help their community members to understand better maximum use of rATOM tokens and application . rATOM application is a decentralized system designed by stafi in solving the fluidity woes of stacked tokens like $ATOM​on mainnet platform.

Stafi teams have officially announced the creation and development of rATOM for the purpose of creating an rToken solution for Cosmos ecosystem which they are also intending to make it available for their community members in the nearest future.

Stafi teams are working on the development of rDOT application system for the essential function of providing frictionless stacking of Dots tokens in the Polkadot platform in order to gain stacking reward.

Furthermore, Stafi is working on building a strong rtoken that will conquer greater numerical worth in the PoS global market for the community members.

Stafi has also built a dynamic flow system on Conflux network where community members can swap tokens like #rFIS, and# rETH from Ethereum platform for trading, providing fluidity and lending purpose for farming activities.

Just of recent, Stafi Partner with stone Defi, in which the full details and features of the partnership will be explain below:

HOW STAFI COLLABORATION WITH STONE DEFI INTENDS TO PROMOTE THE BLOCKCHAIN.

The synergy between Stafi and stone Defi will help the community members of both finance to stack their STN tokens on Stafi Proof of Stake and get “rTokens” which will enables the token holders in getting both stacking reward and also transact on stacking pool. Therefore, community members can make use of their PoS tokens on Stacking Contract designed by Stafi.

Technically, there is a massive resources and valuation in the stacking market across the globe, in which there are plenty yield collector in the capital market. Stone has managed to invent a strategic method with Stafi in concentrating on“foundation quality yield” on ERC 2.0 and stablecoin for farming activities rather than competing for large return with risky funds.

A considerable achievement has been made byboth Stafi and Stone Defi teams in launching ofDefi Alpha Test Mining Program in auditing of total value locked assets for the community members.

Furthermore, both platforms is intending inbuilding of Polkadot grant for their users in order to have access to the token on the grant platform for stacking purpose. Stone Defi was created with the purpose of providing greater innovatory products in terms of large range of return assets to the community members in the ecosystem toward different blockchains.

CONCLUSION

With this recent collaboration with Stone Defi, Stafi has accomplished generation of rToken rewards, unlocking of assets vault and development of foundation yield return for their users in their administrative systems during stacking, which will definitely attract many investors in partnering with the finance anytime soon.

For more relevant information, visit https://www.stafi.io

Article Written By : Adasofunjo Michael Oluseye

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Michael Oluseye
Michael Oluseye

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