StaFi will launch a 1,000, 000 reward pool for rBNB App Users.

Alaka Olalekan
2 min readSep 30, 2021

StaFi is excited to announce the launch of rBNB which will give a solution to the staking liquidity problem for binance community
The staFi rBNB App has been finally launched after completing testing and security review process. So to encourage BNB stakers to stake their BNB in the rBNB App, staFi is officially launching a stake drop campaign with 1,000,000 USDT value FIS token pool.

This staking drop pool is open to anyone who stake their BNB during the period from 12pm UTC, 17 September to 12PM UTC, 17 March 2022 after this lengthy period BNB stakers can earn FIS token as reward.

Stakers drops Rules for rBNB stakers
1. During this period of 12pm UTC of September 2021 to 12pm UTC, 17 March 2022, the more BNB tokens you stake the higher the FIS tokens you will receive, Stakers who stake BNB through rBNB App are entitled to receive the FIS tokens as reward.

2. Stakers can directly claim the FIS token reward to their StaFi address on staFi rPool App.

3.The native token reward FIS are daily committed over the period of three months

4. The FIS reward are based on StaFi native, so stakers must ensure first they have Polkadot JS wallet before claiming their reward
This staFi drop campaign mainly encourage the staFi community to mint rBNB tokens. And the minted rBNB tokens could be traded on DEXs, Pancakeswap. It can also be used as lending protocol such as liqee in the nearest future, if you want to redeem your stake token and staking rewards, you have to wait for around 14days to unbound.

About StaFi
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. rToken is a synthetic staking derivative issued by St&aFi to users when users stake PoS tokens through StaFi rToken App (https://app.stafi.io).

rTokens are anchored to the PoS tokens staked by users and the corresponding staking rewards. rTokens can be transferred and traded at any time.

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

--

--

Alaka Olalekan

Blockchain Enthusiast | | Community Manager | | Digital Marketer.