StaFI_Protocol has released the rATOM staking app on the mainnet, after multi-party testing. The rATOM app provides a solution to unlock the liquidity of Cosmos staking. This gives ATOM holders to stake ATOM tokens through the rATOM App and receive rATOM in return.
Stafi_Protocol is committed to providing a secured solution to deal with the conflict between the mainnet security and the token liquidity in the staking model. The token holder obtains bonded assets of equivalent value to the tokens by staking in exchange for equivalent rTokens.
What is rATOM
rATOM is a decentralized DeFi product produced by StaFi that solves the liquidity problem of staked ATOM on Cosmos mainnet. It's a synthetic staking derivative issued by StaFi_Protocol to users whenever they stake ATOM through StaFi rATOM product.
Moreover, the rATOM tokens are anchored to the ATOM assets staked by users and the corresponding staking rewards. rATOM tokens can be transferred and traded at any time on DEXes and stakers enjoy full decentralized liquidity staking.
rATOM tokens are anchored to the staked ATOM and the corresponding staking reward. rATOM will bring the flexibility to trade at any time while still receiving staking rewards. With this stakers enjoy efficient liquidity and maximized staking rewards at the same time.
Why rATOM
The rATOM app gives stakers control over the staked ATOM. There will be no need to wait for a long 21 day unbonding period to transfer or trade staked ATOM assets. rATOM App users can transfer and trade the staking voucher rATOM token at their discretion on Uniswap to enjoy liquidity and hedge price risks.
There will be no need for stakers to learn the complicated Tendermint consensus mechanism of Cosmos and staking reward calculation rules any more. With rATOM App, users only need a few simple steps to deposit ATOM into the rATOM contract, which will automatically select the best validator by executing the Staking Reward Maximization strategy algorithm.
Reference
rATOM App: https://app.stafi.io/rATOM/home
rATOM Guide for Users: https://docs.stafi.io/rproduct/ratom-solution/staker-guide
rATOM Solution: https://medium.com/stafi/stafi-officially-announces-ratom-liquidity-solution-for-cosmos-staking-91f2082cb46d
rATOM Swap Guide: https://docs.stafi.io/rproduct/rasset/swap-guide/rksm-swap-guide
rATOM FAQ: https://docs.stafi.io/rproduct/ratom-solution/ratom-faq
