QUICK BRIEF ARTICLE ON STAFI PROTOCOL AND IT’S STAKING BLOCKCHAIN MECHANISM

AGU SOMTO
3 min readDec 15, 2020

Blockchain Technology have been the integrals part of innovation development and Market Leading effect in the global chart and index, Which has open different complex and effective area of human and digital adoption, Blockchain innovative adhere different sectors likes Staking, Finance, Gaming, Lending, Infrastructure, App Blockchain developer and many others, Blockchain have create huge role in advancing Credibly, Privacy-driven and transparency through the Decentralized Database based smart contract.

Introduction of Stafi Staking Derivatives

Blockchain awareness has tapped many Potentials Blockchain developers to design and develop Decentralized networks running on Blockchain, Projects likes Stafi Protocol — A Blockchain Decentralized Platform for Crypto Staking derivatives (Staking Finance) Defi Protocol that Bond Liquidity of Staked Asset for equivalent of Reward token rToken for example you Stake 1 FIS, you will obtain rFIS reward for Staked FIS that running on Stafi Chain, it’s represents token Yields incentives and it’s tradable when you obtain it and also token bridging (rBrigde) enable you to swap FIS or rToken to ERC20 deployed on Ethereum. Stafi Staking has kick an alternative effect for Stakers via the recent Launch of Ethereum 2.0 Staking mechanism with huge fixed amount of 32ETH Stakes eligibilities, but Stafi have deployed Ethereum 1.0 Staking contract that will enable Stakers to Stake as little as 0.01 ETH to start via your own delicacy that endeavor to reward on rETH based Participation on Stafi smart Chain.

The important of Staking in Blockchain

Staking been the organic features of Blockchain network(PoS) that transact and interoperate Blocks on Blockchain Decentralization. Stafi Protocol has gain proportional ground based on better Staking mechanism with no higher computation cost and advance in different levels of Blockchain Integration and partnership for Solution in respective areas which ensured underlying exposure of rToken based on constant valuation, well trading experience and updates to adapt rToken market Volatility.

Stafi Protocol is connected with broader vulnerability and interoperability that have driven Blockchain Startup, Enthusiast and Investors to give huge estimation, Tokenmetrics and boost Blockchain transformation on Stafi Decentralized Staking concept.

In conclusion, Stafi determined race for Blockchain adoption is closer based on Staking Decentralized protocol as it’s provide Liquidity reward rToken to all Stake assets when your Asset is Staked and proper conjunction for Ethereum 2.0 launch creating major quality and essential part of rToken’s global adoption.

Join the discussion on Stafi telegram group, discord and give quality questions and engagement on rToken and rETH solution.

Website: www.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

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