StaFi And Liqee Have Teamed Up

StaFi and Liqee have teamed up to make their networks and assets more fully compatible with each other.

StaFi and Liqee will work together to introduce rTokens, including rETH/rATOM/rDOT, into Liqee’s lending platform, so that these above 3 rTokens could be used as collateral to borrow different native tokens and stable coins.

Liqee will support StaFi’s rToken as the first batch of assets upon launch, allowing users to borrow underlying PoS staking assets (i.e., supply rDOT to borrow DOT) or mint USX (US dollar pegged stablecoin launched by dForce) against rToken supplied to Liqee as collateral. Liqee also provides tokenization for PoS and mining facilities, as well as PoS staking services across a number of networks.

Liqee will go live and kick off its liquidity mining campaign, together with dForce and StaFi, on Ethereum and BSC from 12:00pm UTC, 27 August, 2021.

About Liqee

Liqee is the world’s first decentralized lending market for liquid staking tokens (PoS staking tokens, DeFi staking tokens, etc) and is powered by dForce’s lending protocol, which was audited by four global top audit firms including Trail of Bits, ConsenSys Diligence, CertiK, Certora. We strive for becoming the largest lending protocol for liquid staking tokens and unified portal for liquid staking markets. Liqee also provides tokenization for PoS and mining facilities, as well as PoS staking services across a number of networks.

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.

➡️Source:
https://medium.com/stafi/stafi-will-work-with-liqee-to-launch-rtoken-lending-products-26ff6fa7344d