StaFi cooperates with Conflux to bring rTokens into BSC ecosystem
At present, there has shown a growing trend of deploying DeFi Apps on multi-chain ecosystem, like Binance Smart Chain (BSC) and HECO. In order to expand the adoptions of StaFi rTokens, StaFi has reached a cooperation with Conflux to use ShuttleFlow cross-chain protocol（developed on Conflux blockchain) to realize the interaction between rToken in Ethereum ecosystem and the BSC ecosystem.
That is to say, the community can now use the ShuttleFlow cross-chain protocol to bring StaFi core assets on the Ethereum network( rETH, rFIS, FIS) into BSC to participate in the DeFi applications on the BSC.
The ShuttleFlow cross-chain protocol is a decentralized cross-chain protocol built on the Conflux network. It has supported the interoperability of the assets between the Ethereum/Conflux/BSC.
Assets and Corresponding Contracts
At present, the Shuttle Flow cross-chain bridge between Ethereum and BSC supports the StaFi assets of rETH (ERC-20), rFIS (ERC-20), and FIS (ERC-20), of which the contracts on Ethereum are as follows:
1)rETH: 0x9559aaa82d9649c7a7b220e7c461d2e74c9a3593
2)rFIS: 0xc82eb6dea0c93edb8b697b89ad1b13d19469d635
3)FIS: 0xef3a930e1ffffacd2fc13434ac81bd278b0ecc8d
The contracts of the above assets on BSC are as follows:
1)reth_addr: 0x1e52C55344bdCA5b5Dc86D99803E21F5F51b7580
2)rfis_addr: 0xD9cAa1e6A2C4d708d4E632A77a67Cc44EBdDd794
3)fis_addr: 0xE734C0868f84208A2AF5C273bA3dd5c31d547850
In the near future, the Shuttle Flow cross-chain bridge will also support the cross-chain functions of rDOT/rKSM/rATOM tokens from Ethereum to the BSC smart chain with the future launch of rDOT/rKSM/rATOM solutions。
Future Plan
In the future, StaFi will cooperate with the DeFi protocols on the BSC to release incentive campaigns related to the above assets to expand the rTokens adoption in BSC ecosystem.
At the same time, StaFi will develop cross-chain bridge between the StaFi mainnet and the BSC chain, so that rTokens on the StaFi mainnet could be directly introduced into the BSC to participate in DeFi applications on the BSC ecosystem.
Reference Information
1) Shuttle Flow link: https://shuttleflow.io/
2) User Guide: https://docs.stafi.io/rproduct/bsc-bridge/eth-bsc-bridge-guide
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
rETH Product: https://rtoken.stafi.io/reth
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
