Hi readers!!
It's another tremendous innovation from the Stafi protocol, a decentralized project obliged to providing liquidity to staked assets which enable users to stake at ease and help to overcome staking barriers through rtoken.
What is rToken?
This is an alternative token earn by users whenever users stake through relevant staking contract. This coin can be traded, lent, or borrowed. rToken has boosted users to overcome staking barriers (redemption period, validators risk, security).
Sequels to Stafi's vision, Stafi protocol has Integrated her rETH into the Hyperpay.
The integration of rETH to Hyperpay would provide a safe, convenient and reliable ETH2.0 staking service for the community.
At the same time, StaFi and HyperPay will jointly launch a StakingDrop campaign to encourage more ETH holders to take part in the ETH2.0 Staking.
From August 6, 2021, to August 20, 2021(UTC), the users who stake ETH through the StaFi rETH App on HyperPay On-Chain Wallet stand a chance to share the FIS token rewards pool worth $10,000 USDT, based on the amount of staked ETH.
The rewards will be distributed in the form of ERC-20 FIS token.
StakingDrop Rules
1.Duration
August 06, 2021 (UTC) — August 20, 2021 (UTC)
The details are as follows:
Reference
About HyperPay
Established in 2017, HyperPay is the world’s first multi-ecological digital asset wallet that integrates off-chain wallet, HyperMate hardware wallet, on-chain wallet, and shared wallet. It provides users with one-stop services such as asset management, investment, consumer payment, etc. HyperPay now has more than 1 million users, manages more than $1 billion assets, and has processed more than 310 million transfers.
About StaFi_Protocol
StaFi is the first DeFi protocol unlocking liquidity of staked assets. Users can stake PoS tokens through StaFi and receive rTokens in return, which are available for trading, while still earning staking rewards. rToken is a synthetic staking derivative issued by StaFi to users when users stake PoS tokens through StaFi rToken App (https://app.stafi.io). rTokens are anchored to the PoS tokens staked by users and the corresponding staking rewards. tokens can be transferred and traded at any time.
Website: www.stafi.io
rToken App: https://app.stafi.io
Twitter: @Stafi_Protocol
Telegram Chat: https://t.me/stafi_protocol
Telegram Announcements: https://t.me/stafi_ann
Discord: https://discord.com/invite/jB77etn
Forum: https://commonwealth.im/stafi
