StaFi is a decentralized finance protocol that pioneered the unlocking of assets that individuals had previously locked in staking. Through StaFi or Staking Finance, users can add their cryptocurrency to a staking pool and receive tokens in return. Before StaFi, trading cryptocurrencies with staked assets was not possible. Now, using FIS tokens—governance tokens that can represent various cryptocurrencies—users can trade these assets and earn passive income. Stafi (FIS) also plays a role in securing the ecosystem through staking and transaction fees paid with FIS. Additionally, the protocol enables minting rTokens, providing users with multiple income streams. Built on Polkadot, StaFi operates as a fully decentralized, standalone blockchain using Substrate technology, facilitating interope...
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