Stafi

Stafi

Created using Figma
StaFi protocol is the first decentralized protocol unlocking liquidity of Staked assets.StaFi aims to solve the contradiction between Mainnet security and token liquidity in PoS consensus. The token holders are staking through staking contracts built in StaFi protocol, and then get alternative tokens(rToken ,such as rDOT, rATOM, rBNB, rSOL etc.), rTokens are tradable and it can get staking rewards from original chain at the same time.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Binance
    STAFI/USDT 2 hours ago
    $ 0.9623
    $ 37.017 M
    -
    -
  • Bibox
    STAFI/USDT 7 months ago
    $ 0.2762
    $ 59.841 K
    0.12%
    2.98%
  • HTX
    STAFI/USDT 7 months ago
    $ 0.2776
    $ 36.046 K
    0.76%
    28.74%
  • Kraken
    STAFI/USD 8 months ago
    $ 0.3026
    $ 1.832 K
    -
    -
  • Kraken
    STAFI/EUR 8 months ago
    $ 0.2895
    $ 340.03
    -
    -
  • Binance
    STAFI/BUSD one year ago
    $ 0.8970
    $ 78.954 M
    30.47%
    50.29%
  • Binance
    STAFI/USDT one year ago
    $ 0.7643
    $ 67.027 M
    -
    -
  • Binance
    STAFI/BTC one year ago
    $ 0.2890
    $ 301.413 K
    -4.67%
    -62.10%
  • WhiteBIT
    STAFI/USDT one year ago
    $ 0.2761
    $ 122.849 K
    -
    -
  • Coinbase Exchange
    STAFI/USD one year ago
    $ 0.2763
    $ 409.497 K
    -
    -
  • Coinbase Exchange
    STAFI/USDT one year ago
    $ 0.2781
    $ 21.166 K
    -
    -
  • Hotbit
    STAFI/USDT one year ago
    $ 0.2774
    $ 40.309 K
    -
    -
  • AscendEX (BitMax)
    STAFI/USDT one year ago
    $ 0.2750
    $ 191.472 K
    -
    -
  • LATOKEN
    STAFI/USDT one year ago
    $ 0.2770
    $ 74.133 K
    -
    -
  • Binance
    STAFI/BRL one year ago
    $ 0.2754
    $ 77.468 K
    -
    -
  • Coinone
    STAFI/KRW one year ago
    $ 0.4423
    $ 49.55
    -
    -
  • CoinEx
    STAFI/USDT one year ago
    $ 0.3201
    $ 4.746 K
    -
    -
  • BKEX
    STAFI/USDT one year ago
    $ 0.3653
    $ 1.799 K
    -
    -
  • HTX
    STAFI/BTC one year ago
    $ 0.3321
    $ 83.29
    -
    -
  • Bitrue
    STAFI/USDT one year ago
    $ 0.3440
    $ 7.035 K
    1.81%
    46.24%
  • Hoo.com
    STAFI/USDT one year ago
    $ 0.3518
    $ 418.694 K
    7.65%
    85.56%
  • HTX
    STAFI/ETH one year ago
    $ 0.3193
    -
    -
    -
  • Gate.io
    STAFI/USDT 2 one year ago
    $ 0.6578
    $ 168.954 K
    6.53%
    47.32%
  • Hotbit
    STAFI/BTC 2 one year ago
    $ 0.6707
    $ 27.83 K
    -
    -
  • Huobi Korea
    STAFI/USDT 2 one year ago
    $ 1.08
    $ 857.34
    -
    -
  • Huobi Korea
    STAFI/BTC 2 one year ago
    $ 1.25
    $ 3.713 K
    -
    -
  • Bitforex
    STAFI/USDT 2 one year ago
    $ 0.6986
    $ 31.44
    -
    -
  • Coinone
    STAFI/KRW 2 one year ago
    $ 0.7086
    $ 5.786 K
    0.08%
    -33.56%
  • Coinone
    STAFI/KRW 2 one year ago
    $ 0.7970
    $ 2.717 K
    -1.35%
    -33.78%
  • BiKi
    STAFI/USDT 2 one year ago
    $ 2.96
    $ 241.28 K
    -1.00%
    38.46%
  • Huobi Korea
    STAFI/ETH 2 one year ago
    $ 3.01
    $ 206.92
    7.89%
    7.66%
  • Gate.io
    STAFI/ETH 3 one year ago
    $ 1.38
    $ 10.8 K
    -
    -
To be announced
Token Details
Ticker
RT
Additional Details
MVP/Prototype
Yes
Categories
Platform

About Stafi

StaFi is a combined abbreviation of Staking+Finance. It is a decentralized protocol built with the Substrate. The contract layer is composed of multiple staking contracts, and the application layer is mainly trading platform of rTokens.

The protocol of Stafi is created by Substrate and adopts Nominated Proof-of-Stake (NPoS), which complete Staking by setting up Staking Contracts in the upper layer to communicate with public chains. The Staking process is immune to Stafi’s contracts, for the latter act as the account book during Staking. Tokens staked through contracts will be written in the contracts and finally be locked-up on the original chain.

FIS is the native tokens of Stafi. FIS is involved in 3 scenarios: Gas, Staking and value capture.

- FIS is the fuel of the system. It prevents a large sum of spam popping up in the system. FIS charged will be distributed to validators and Protocol Treasury, and the distribution ratio can be adjusted by concerning parameters.

- Stafi adopts NPoS consensus and uses the underlying motivation design of Polkadot for reference. Based on security design, Stafi tunes up motivation curve in accordance of the Staking ratio of FIS in order to achieve the cyber security and long-term development of the system.

- FIS is a medium for the value capture in Stafi system (mainly provides value for the liquidity of rToken). The Staking Contracts of Stafi not only provides Staking service for Stakers, but also guarantee liquidity. Service fee will be charged by Stafi protocol from users to value to Stafi network. The proposition of value will be expounded in part 5 of this document.

rTokens (reward Token) are alternative tokens given to Staking token holders. Due to Staking tokens will be locked up on the original chain, and the lockup relations will be written to Staking Contracts, rTokens are the only authentication ticket manipulated by Staking contracts. Through rTokens, holders can alternate relations of the contracts, execute further Staking, redeem original tokens, etc. Meanwhile, by holding rTokens a user can obtain rewards from Staking tokens, which will be explained in part 4.

In a nutshell, Stafi protocol can be regarded as an underlying protocol for crypto assets. Through rTokens, the protocol can free Staking Tokens, backing them to the market. Stafi earns income from providing liquidity.

Stafi Roadmap

  • Oct 2018

  • Preparation
  • July 2019

  • Whitepaper/Website
  • Oct 2019

  • Substrate Integration
  • Nov 2019

  • Smart contract
  • Read More
  • Jan 2020

  • Staking module
  • Feb 2020

  • POC Testnet
  • May 2020

  • Staking contract
  • July 2020

  • Public Testnet
  • Aug 20202

  • Mainnet

Stafi Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Dajun
Engineer
unverified
Blank Lee
Chief Researcher
unverified
Sara-Zhu
Marketing
unverified
Karl
Operator
unverified
Young Liam
Founder
unverified
Tore Zhang
Co-Founder
unverified
Howie He
Engineer
unverified

Stafi Last News

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