The Need to Extend the rToken of StaFi to the Cosmos Ecosystem

Proof-of-work

Proof-of-Stake

StaFi

rTokens

Cosmos ECO

  • For minting, users must hold StaFi projects Native token $FIS before they can mint rATOM on the StaFi chain.
  • For liquidity mining or transactions on Sifichain, users must cross-chain rATOM to Ethereum blockchain for ERC-20 rATOM and then perform another cross-chain to Sifichain through the Ethereum>Sifichain Bridge which can be a very daunting task.
  • To redeem rATOM on Sifichain, users must cross-chain from Sifichain to Ethereum and again from Ethereum to StaFi chain.

StaFiHub

Some Benefits of the StaFiHub

  1. Effectively provide Liquid Staking Solution to all Cosmos ecosystem projects.

Conclusion

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Helen IMAH

Helen IMAH

I’m a TECH Lover, Blockchain Enthusiast, Strategic Digital Marketer, Content Creator, Crypto Trader & Data Analyst…