Stake Securely, Flow Smoothly — SHUI is a Liquid Staking Protocol on Conflux. Earn rewards securely and smoothly on your CFX without locking them up.
SHUI Public Test is coming very soon!
Liquid Staking — Unleashing the Pandora’s Box of DeFi
“Conflux utilizes PoS mechanism to counter 51% attacks and thereby introduces finality for its PoW chain. In PoS, validators stake their tokens to participate in the consensus process, also are rewarded for their participation in the consensus process.”
Staking CFX in Conflux Networks contributes to the overall network safety while earning yields.
Initially, it was a bit challenging for us as staking traditionally meant a loss of liquidity with CFX being locked in smart contracts. Running a validator node directly, akin to Ethereum Staking, required a high minimum staking amount, specific know-how, hardware, extended wait times for stake and unstake, and unforeseeable risks.
Liquid Staking transforms this landscape.
Gone are the how-tos and restrictions, replaced by a seamless experience. In SHUI, you can securely and smoothly earn rewards on your CFX without locking them up.
The concept is straightforward: Connect your wallet, stake a CFX amount to receive sCFX in return, then use sCFX just like CFX to generate additional profits in Defi Legos. When you want to unstake, simply repeat the first step, click ‘unstake,’ and retrieve your CFX along with corresponding yields, all in CFX.
Stake Securely and Make your Money Flow Smoothly in SHUI
The staking experience in SHUI is secure
SHUI’s smart contracts are open-sourced and have been audited by Salus, ensuring a trustworthy staking process.
Money flows like water in SHUI
The staking experience is not only at the heart of you but also us. In the upcoming SHUI Public Test, cash rewards await you for providing feedback on your user experience.
While sCFX’s price may fluctuate due to supply and demand, SHUI places a strong emphasis on liquidity management and will soon launch grand liquidity-mining programs.
sCFX functions as water in the Conflux ecosystem, and water should be able to go everywhere. We are working closely with our partners to explore the use cases of sCFX, so stay tuned!
SHUI Token — What Brings Decentralisation to SHUI
Tokens are a key factor in a decentralized community. SHUI Token holders directly benefit from the thriving SHUI protocol and are the true owners of SHUI, holding the right to influence every key decision for the protocol.
SHUI Tokens are subject to incentivize the contribution to the SHUI ecosystem. Please stay tuned for airdrop opportunities.
Get Ready for SHUI Public Test, and Nexts
SHUI has completed the overall design and development of our product. In order to ensure a seamless interactive experience for all users, we are preparing to launch a Public Test to refine every detail of our product.
We have arranged a substantial SHUI token airdrop and $USDT prizes for early supporters. Let’s get excited about it!
Much more is on the way:
- Set up and launch SHUI DAO
- Introducing a staking solution for sCFX <> CFX LP tokens
- Implementing liquid staking governance
- Exploring additional use cases for sCFX with our partners, including restaking solutions
- …
Stay tuned in our Twitter. Website, Discord and Telegram Commnities are coming.
