StaFi protocol is the first DeFi protocol that can be used to unlock liquidity of staked assets. Users of StaFi have the grand opportunity of staking POS (proof of stake) tokens through Stafi and receive rToken in return as rewards and they can also be traded.
StaFi is here to stay because it has been able to provide solutions to both stakers and validators.
How does staFi help stakers? They can participate in ETH staking and they are allowed to stake as little as 0.01ETH or any amount of ETH they desire rather than the fixed amount of 32ETH.
Also the StaFi staking contract deployed in ETH 1.0 gives room for staker's ETH to be matched to well performing validators that are in the available state.
How does staFi help validators? Staked ETH in the StaFi staking contract are allocated to a batch of well performing validators who would establish and maintain appropriate amount of validators nodes to provide staking rewards to staker's net of fees.
Watch this space for more about staFi.
Source : StaFi protocol whitepaper
