rFIS Officially Launched, StakingDrop Begins
StaFi rFIS product has been launched on January 22, 2021, after completing community testing and PeckShield security audit. In order to incentivize FIS holders to participate in rFIS products, we will launch a StakingDrop incentive campaign for the rFIS product. From January 22 to January 30, 2021, stakers who participate in FIS staking by using the rFIS product could have the chance to receive the StakingDrop.
This campaign is just a simple incentive activity in the initial stage of rFIS product. In the near future, we will launch a much bigger yield farming program of rFIS/FIS trading pair to create more liquidity for rFIS Token on DEX.
Why to participate in FIS Staking
rFIS could bring the following benefits for FIS holders:
1) Obtain an expected annualized 15% to 20% reward of FIS staking by holding rFIS.
2) Enjoy great liquidity without the need to unbond staked FIS. rFIS can be traded on Ethereum DEX or lending protocols once you get rFIS.At present, we have set up rFIS/ETH trading pair in Uniswap.
3) Much lower barriers to stake FIS. The staker does not need to learn the rules of NPoS nomination and how to maximize the best staking rewards any more. Now stakers can easily stake FIS through a few simple steps of rFIS products, which will help stakers to maximize the best rewards automatically.
4) Security — rFIS has passed the security audit conducted by top blockchain security team PeckShield. Audit report address .
StakingDrop Campaign Rules
1) From January 22 to January 30, 2021, stakers who stake FIS by using StaFi rFIS product will obtain the opportunity to receive the FIS tokens StakingDrop. The number of StakingDrop tokens will be calculated based on the number of staked FIS multiplied by 1%.
For example,
The number of staked FIS:1000
The number of StakingDrop: 1000*1%=10
Note：No any lock-up period
2) Please remember to keep your FIS staked （means do not unbond) before our snapshot time: 12:00 (UTC+8) on January 30, 2021. We will take a snapshot of staker funds on the snapshot time in rFIS staking contract pool and use this snapshot to calculate the stakingdrop rewards;
3) The native token FIS will be dropped directly into the stakers address；
4) The StakingDrop reward will be sent before 12:00 (UTC+8) on February 4, 2021.
Reference
1)rFIS solution: https://docs.stafi.io/rproduct/rfis-solution
2)rFIS Product: https://rtoken.stafi.io/rfis
3)Staker Guide: https://docs.stafi.io/rtoken-app/rfis-solution/rfis-guide
4)OV Guide: https://docs.stafi.io/rtoken-app/rfis-solution/validator-testing-guide
5)OV recruitment:https://medium.com/stafi/stafi-rfis-original-validator-recruitment-campaign-b72aaa27636
6)rToken paper: https://docs.stafi.io/stafi-whitepaper/rtoken-paper
7)rFIS FAQ: https://docs.stafi.io/rtoken-app/rfis-solution/rfis-faq
8)rFIS Audit Report:https://github.com/stafiprotocol/stafi-bootstrap/blob/master/audits/rfis/peckshield-audit-report-stafi-node-v1.0.pdf
About StaFi Protocol
StaFi is the first DeFi protocol unlocking liquidity of staked assets. Users can stake PoS tokens through StaFi and receive rTokens in return, which are available for trading, while still earning staking rewards. FIS is the native token on StaFi Chain. FIS is required to provide security to the network by staking, pay for transaction fees on the StaFi chain, and mint & redeem rTokens.
Website: www.stafi.io
rFIS Product:https://rtoken.stafi.io/rfis
Twitter:@Stafi_Protocol
Telegram Chat: https://t.me/stafi_protocol
Telegram Announcements: https://t.me/stafi_ann
Discord: https://discord.com/invite/jB77etn
Forum：https://commonwealth.im/stafi
