StaFi Protocol

StaFi Protocol

Grant Title

StaFi rToken App: https://app.stafi.io/rtoken

Grant Type
Open Grant
Amount
$40,000.00
Status
Executed
Grant Description

StaFi rToken App provides liquidity staking for 10 PoS projects for now like rETH (staked ETH), rMATIC, rBNB, rATOM, among others. 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 . rTokens are anchored to the PoS tokens staked by users and the corresponding staking rewards. rTokens can be transferred and traded at any time.

Proposal Date
April 27, 2023
Decision Date
June 26, 2023 12:00 AM (GMT-5)
Product
Staking Pool