StaFi (FIS)

What is StaFi Cryptocurrency? StaFi (FIS) is a crypto currency based on the Polkadot blockchain and launched in May 2020. The goal of StaFi is to build a rToken (Rewards Token) infrastructure to power a new kind of DeFi ecosystem that allows users to control the liquidity pool of the network and earn rewards from it. The rToken network seeks to revolutionize the existing DeFi system by allowing anyone to stake their funds in a smart contract and earn rewards from it. Who Founded It? StaFi was founded by several seasoned tech professionals in 2019. The team is led by Weng Heng Yap, who has a deep knowledge of the financial technology industry. Other members of the team brings experience in software engineering, blockchain technology, financial research, and project management. The founders believe in the possibilities of the decentralized finance industry and are passionate about stimulating the next financial breakthrough. What Makes it Unique? The main feature that makes StaFi unique is its rToken system. The rToken is a new type of liquidity pool which is based on a relayer-staking consensus mechanism that offers high performance, scalability, and low transaction fees. This allows StaFi to offer a high level of efficiency, liquidity and security to its users. Moreover, the platform supports cross-chain interoperability and features an open-source infrastructure. Where is it Used? The StaFi network and its rToken infrastructure is used by a number of global projects and organizations. These include fintech companies, hedge funds, exchanges, DeFi platforms and many others. StaFi is also working with several global governments to create a health passport solution that can be used for secure identity verification and access to services. Where to Buy/Sell it? The most popular and easiest way to buy and sell StaFi is through DeFi-based exchanges such as Uniswap, Balancer, and Curve. These exchanges enable the purchase and sale of the FIS token. Additionally, the token is listed on a variety of different crypto exchanges, including Binance, Huobi, OKEx, and Kraken. Investors can also buy FIS directly on the StaFi website, either in USD or EUR, using a credit or debit card. Comments StaFi is an exciting project that offers a new way to manage liquidity pools. It is an excellent way for users to earn rewards without needing to hold the underlying assets. The open-source infrastructure, interoperability, and low transaction fees are all great features that make StaFi stand out from other DeFi projects. If you are looking to start taking part in DeFi, then StaFi is definitely worth a look.