RECENT SYNERGY OF STAFI PLATFORM WITH OTHER FINANCE
INTRODUCTION
StaFi is a first finance Defi system that deals with the unlockingof fluidity stacked assets. Users can accumulate their tokens through trading and staking.
FEATURES OF STAFI NETWORK
StaFi provides staking network that resolves most of the liquidity concerns in the ecosystem for the community members. This finance adopts PoS as a safety model for distribution of network service for the users.
The system has effectively regulated the inconsistent concerns of price fluctuations in the market world. Adverse concerns of vouchers have been solved through the implementation of mainnet which provides stability and security for stakers in the ecosystem.
RECENT SYNERGY OF STAFI PLATFORM WITH OTHER FINANCE
StaFi platform has launched rATOM in related to liquidity for farming process to provide more application platforms for rTokens. This will effectively optimized continuously to provide better experience of product usage of the users.
StaFi teams have developed a creative proposal of Curve finance with the aim to improve the adoption of rETH and fluidity service for the community members. The platform has organized $FIS token worth of 120K as a part of incentive programme to motivate the liquidity provider on the finance curve for voting process. This is great news for all liquidity providers in the ecosystem!
The creation of rDOT application system by StaFi teams will provide maximum staking reward and friendly fluidity of staking simultaneously for the token holders, which will also permit swapping of #Ethereum on the Uniswap platform for trading or staking purpose.
The farming programme, StaFi teams has created an assets Swap function platform that supported the swapping of $rATOM which is tradable and could also mint with ERC tokens for their users.
StaFi team has updated their rToken application system, in which many numerous improvements and advantages has been included for the users benefits like reduction of gas fee by 1/3 per swap and simplification of contract interaction between Stafi and Ethereum to minimized the cost fees for the community members. This will enhance the better delivery and experience of rBridgeV2 for the rToken holders in the ecosystem for the betterment of Ul for community large.
What a great day for the StaFi users when the StaFi teams announced the news that $rETH and $ETH token tops the exchange rate among all the Ethereum 2.0 staking derivatives on the curve Finance platform system. This will essentially led to recovery of discount and loss that occur either in trading or farming activities for the community member’s.This has effectively increase the total volume of Ethereum and daily trading value of liquidity provider in APY pool.
This is a massive achievement for StaFi community member’s for their token $rETH /$ETH for been listed on Liquidity gauge vote, where users can now trade and add the fluidity for $rETH on the finance curve which will implement the integration of top mainstream into DeFi protocols. It’s a great milestone for all StaFi rToken holders in the ecosystem.
CONCLUSION
StaFi has improved tremendously on their effort in improving the liquidity concerns of staked assets and provides stability of network service on their mainnet system to improve the operational service for seamless transaction.
For more relevant information, visit https://www.stafi.io
Article Written By : Adasofunjo Michael Oluseye
