š„š„StaFi Investment (FIS) ā Everything You Need to Know
#StaFi (#FIS ) is defined as the first DeFi (decentralized finance) platform that serves to open the liquidity of staked liquidity assets. in this article, we will look for an answer to the question of What is StaFi (FIS). We will also talk about how STAFI (FIS) works and the price of the FIS token.
What is StaFi (FIS)?
It is a decentralized protocol that exists to strengthen liquidity. Bottom covers three layers: contract (contract) and application layers (application layers). The bottom layer is basically based on a blockchain system established by the Substrate. Substrate, on the other hand, is a blockchain architecture developed by Parity. Consensus module, P2P module, etc. it is used to integrate development modules.
The second layer, the contract layer, is the staking contracts for XTZ, Atom and Dot, respectively, and so on. it supports the formation of contracts. The token holder can make a stake with inflation incentives obtained by a regular stake. However, the difference is due to the fact that the owner can also receive RTOKEN. Finally, the third layer helps to create a decentralized Sunday for the circulation, transfer and trade of RTOKEN in the Stafi protocol. Third-party StaFi-based APIs or customized APIs are supported.
How Does StaFi (FIS) Work?
StaFi (FIS) operates in a completely decentralized manner. The platform, which is built on the substrate, is connected to Polkadot as a parallel chain. The main safety and performance are also provided and guaranteed by Polkadot.
The ownership of the staked token is provided by the contract. The platform uses a key storage protocol for the security of the stake address with multiple signatures. Users can start a stake at any time and place without the need for a third party.The token holder will be able to receive the system's inflation incentives regularly when he initiates a stake with a stake contract.
