StaFi Launch 2021Q2 Roadmap: rDOT/rKSM/rATOM Launch, StakingDrop2, rSubstrate and rTendermint Booming

HELLO READERS!!!

Looking back, StaFi has made solid progress so far in the first quarter of the new year the team has succesfully rolled out the milestone rETH and rFIS App. They’ve also made the two-way bridge linking StaFi Chain and Ethereum accessible. The beta version of rDOT/rKSM was launched at the same time. As for the marketing work, the native token of StaFi was successfully listed on two top-tier exchanges: Binance and Huobi Global.

On the other hand, they have also realized that there are two problems that need to be tackled:

  1. The types of rTokens are rather limited, with only two being accessible.

2) rTokens lack liquidity in DEXes.

In the second quarter of 2021, StaFi will focus on these two problems. They will solve them by promptly releasing more rToken Apps and boosting the liquidity of rTokens in DEXes.

2021 Q2 Roadmap

rToken Development

StaFi plan to roll out rDOT/rATOM/rKSM in April, which is quite fast-paced. Among them, rDOT and rATOM will lay the foundation for the scale of rToken assets. They are believed to be the common solutions for the staking liquidity of Polkadot and Cosmos ecosystems respectively. Moving ahead, on the strength of the above two products, we can quickly develop rToken solutions for Substrate-based and Tendermint-based PoS projects. The category of rTokens will be expanded in the near future.

rSubstrate Solution

StaFi plans to build rSubstrate solution, which is a general solution that unlocks the staking liquidity for the Polkadot ecosystem projects. The solution will be based on the rDOT App.

rTendermint Solution

StaFi plans to build rTendermint solution, which is a general solution that unlocks the staking liquidity for the Cosmos ecosystem projects. The solution will be based on the rATOM App.

StaFi will focus on rToken assets and liberating the liquidity of the rToken in the secondary market in Q2, but StaFi will also test some new ideas and tracks, such as providing liquidity solutions for projects such as Matic, a second-tier solution to Ethereum. As another example, we will try to offer liquidity solutions to Uniswap V3 NFT LP tokens.

Conclusion

In the second quarter, StaFi will put the expandation of the rToken category and StakingDrop2 high on our agenda. Meanwhile, the team will also seize every opportunity to push forward the development of StaFi, building a more prosperous Staking Derivative ecosystem. In Q2, 2021, the expandation effects of various rToken products, which cover most mainstream PoS projects, will be visible. Therefore, the next three months will be a critical period for StaFi protocol. We hope that you can join us in building a brighter future for StaFi.

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. FIS is the native token on StaFi Chain. FIS is required to provide security to the network by staking, pay for transaction fees on the StaFi chain, and mint & redeem rTokens.

Website: www.stafi.io
rFIS Product: https://rtoken.stafi.io/rfis
rETH Product: https://rtoken.stafi.io/reth
Twitter:@Stafi_Protocol
Telegram Chat: https://t.me/stafi_protocol
Telegram Announcements: https://t.me/stafi_ann
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Forum: https://commonwealth.im/stafi

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