Stafi Protocol Announces Liquidity Solution for rBNB.

In cryptocurrency, liquidity or markets makers are part of the broker operation, no matter which tradeable instrument you offer your client, providing a dependable and solid liquidity for them is a necessity.

Generally the main aim of cryptocurrency liquidity is to allow the asset to be traded with ease because cryptocurrency liquidity simply means the measure of ease by which a coin is converted to fiat currency or other cryptocurrency, so if a low liquidity occur there will be a high market volatility which cause a spike in the asset price, In contrast where there is a high liquidity it means that the market is stable and price fluantuation is less.

When the market is liquid, buying and selling becomes easier for the trader and there are higher volume of trading activities and traders enters at a certain position and exit at a any point with ease.

Stafi the first Defi protocol unlocking liquidity of staked asset has a long term vision which is to provide liquidity for all proof of stake projects and this will enable staking to be easier and more flexible, this is possible when stakers stake their proof of stake token and in return receive rTokens which are available for trading, lending and still earning staking rewards, Stafi have successfully release six tokens solutions which includes rETH, rFIS, rDOT, rKSM, rATOM, rMatic solution.

In addition to that, Stafi Protocol is excited to announce the launch of rBNB solution which will solve the staking liquidity issue for binance smart chain, there are two blockchain in the Binance ecosystem which are the Binance chain and Binance smart chain, BSC is an innovative solution to bring programmability and interoperability to Binance Chain which is the BNB staking layer. So to make it clear, Stakers are essentially staking thier BNB on binance chain, but there is a provision of a cross-chain toolkit to enable BNB on binance smart chain to directly stake BEP20 BNB to entrust to the validators on binance chain.

The rBNB token is a synthetic staking derivatives issued by Stafi Protocol, when users stake BNB through Stafi rBNB App, rBNB are anchored to the staked BNB assets and the corresponding staking rewards, rBNB can be transferred at anytime.

With rBNB two major issues that stakers often encounters can be solve

1) Waiting period: No need to wait for 7days to unbound the staked BNB assets, with stafi rBNB tokens stakers can transfer, trade and mortgage rBNB at any point in time to liberate liquidity.

2) Complicated BNB chain staking reward calculation: With rBNB App, Stakers don't need to learn the Binance staking rewards process, just deposit your BNB contract and the best validator will automatically be selected for you the reward maximization strategy.

In conclusion, Stafi is a Defi protocol that deals with unlocking liquidity of staked asset, it allow stakers to stake thier PoS tokens through Stafi and receive rTokens in returns. Stafi launching of rBNB will provide liquidity solution to Binance and solve the staking liquidity problem for the Binance community.

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