STAFI GUARANTOR POOL: AN APPLICATION SYSTEM WHERE FIS TOKEN HOLDERS CAN EARN REWARDS THROUGH STAKING
INTRODUCTION
The improvement of quality service for community members in the ecosystem is one a strategic means of increasing the number of stakers, token holders in partnership and staking their financial resources on the network system. This factor enhance the creation and implementation of StaFi guarantor pool on the Tidal finance to ensure flexible, seamless and easy transaction, where stakers and FIS token holder can earn a reward on the assets stake or deposit on the application system.
CONCEPT OF TIDAL FINANCE
An insurance platform system which is built via Palkadot which allows token holders, and user’s to develop a customary valut for different financial resources. It’s the first ever insurance protocol which provides higher rate of APYs for its esteemed users on their capital investment.
FEATURES OF TIDAL FINANCE
Optimization of user’s assets
The platform system has an amazing features that maximize the user reward on their initial capital investment to a maximum return yield through implementation of coverage pool, which covers the loss of market inconsistency of price rate.
Seamless Transaction
The protocol system offers a dynamic and ensure an effective and efficient seamless transaction for token holders when staking or depositing their financial assets in the application system.
Auto Renew Plan
The platform has an auto renew plan in depositing more funds into users wallets either on monthly, daily or weekly basis. User’s need to set their plan into auto renewal instead of deposit their fund manually.
TERMS AND CONDITIONS OF GUARANTOR PROGRAM
There are terms and conditions that guide this program which user’s and token holders need to follow in ensuring maximum reward is attainable to their respective wallets. Furthermore, there is a commission on each claimable rewards which is designated to the network providers which user’s need to understand fully before withdrawal. The following illustrates the Gain, Withdrawal and Adverse as follows
ADVERSE
There is an ten percent commission on the claimable reward which is technically designated for the service provider before distribution of rewards takes place .For instance assuming 50USDC is the maximum payout value, this will result to 5USD numerical value of the required tokens as a commission needs to pay out for the reserve providers.
WITHDRAWAL
There must be a valid guaranteed platform which will serve as a requirement before withdrawal of any particular amount is release, if not the request will be on pending mode for given period of time and then later return to the user’s wallet.
REWARD
The system pool earns five percent commission to ensure the cost of premium fee’s is fully covered plus the Tidal incentive service.
CONCLUSION
This is a great accomplishment from Tidal protocol teams in enhancing dynamic flexibility of seamless transaction, which will definitely helps the FIS token in reducing the effectloss on the capital investment through the designing of the StaFiguarantor pool system on their application network where user’s can deposit and earned reward, this will definitely attract more stakers and investors in partnership with the platform system.
For more relevant information, visit https://www.stafi.io
Article Written By : Adasofunjo Michael Oluseye