StaFi Q4 Roadmap Exploration

Published on: 29.09.2021
StaFi Q4 Roadmap Exploration

StaFi released 2021 Q4 Roadmap: Research and explore new rTokens, Establish open platform for staking derivatives, Explore new user scenarios for existing rTokens & more.

They again divide the work in Q4 into the following parts:

🔹New rTokens

StaFi has already launched 7 rTokens. Based on the current experience, it is not a good idea to release more rTokens instead of expanding the released rTokens.. StaFi Core Team will continue to explore some new public chain projects, such as Avalanche, Near and Fantom, but we are not sure whether they will be launched in Q4. On the other hand, exploring new projects will help StaFi to have new ideas on the Staking Derivative.

🔹Open Platform

The original intention of establishing StaFi is to build an open, efficient staking derivative platform so that more developers and projects can develop their own liquid staking solution through StaFi. With the continuous accumulation of development experience of StaFi Core on rToken, they feel it is time to open the StaFi protocol to the community now.

🔹New Scenarios

Liquidity is still a problem that StaFi will continue to solve. Before StaFi rToken App can be responsible for its own profits and losses, StaFi will still use Community Funds to support rToken’s Adoption, and will gradually shift from foundation decision-making to community DAO. In the experience, in addition to using DEX to solve liquidity problems, Lending Protocol is also a very effective method. This new liquidity method is of more Capital Efficiency than DEX in some scenarios. At the same time, they are still studying the way of discounting to exchange for liquidity, which should be launched in a future product update.

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 StaFi 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.

📰 INFO

https://medium.com/stafi/stafi-q4-roadmap-exploration-on-a-open-staking-derivative-platform-1a4beccb7cd7

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