StaFi LSaaS Stack Now Supports Karak LRT
We are excited to announce that StaFi Liquid Staking as a Service (LSaaS) stack now supports Karak Liquid Restaking Token (LRT), following on the heels of the support to EigenLayer LRT that was live weeks ago. Given that the Karak testnet has not been released yet, the testing of Karak LRT stack will be opened once its testnet commences. And developers can smoothly deploy LRT on LSaaS with only a minimal additional development effort after the Karak mainnet is launched, greatly enhancing the efficiency of LRT development.
Functionality
The Karak LRT stack functionalities include:
- The contracts of LrdToken, StackManager, StackPool, Timelock, etc. can be deployed with a single click.
- A permissionless Relay service is provided to address the issue that blockchains are not able to self-execute.
- A comprehensive Dashboard App facilitates real-time viewing and modification of the LRT project status and configuration parameters.
- Developers can customize their own LSTs.
- The abstract Non-Upgraded LsdManager simplifies the timely follow-up of Karak’s LST support and ensures the stability of existing projects.
Furthermore, the contracts of the Karak LRT stack can be upgraded along with the upgrade of Karak. Developers can effectively construct their LRTs with the aforesaid functionalities.
As of present, EigenLayer LRT and Karak LRT have already been supported on the StaFi Stack App, and BTC LSD based on Babylon is also forthcoming. Please stay tuned for more updates!
How to Get Involved
Karak Introduction
Karak is the universal restaking layer that makes it easy to provide cryptoeconomic security with any asset, and unlocks a new design space for developers to seamlessly and securely create innovative infrastructure designs.
Karak enables protocols to tap into robust and secure trust networks from day one, significantly lowering the barrier to securing new protocols and eliminating the need for protocols to incentivize their own validator sets with a highly dilutive reward mechanism, making the process of bootstrapping security more scalable, accessible, and affordable.
About StaFi 2.0
StaFi 2.0 will be a major upgrade and rebranding. In terms of positioning, StaFi will transform from a multi-chain LSD protocol to an LSD Infra Layer, and the brand will also be upgraded accordingly. In terms of tokenomics, FIS will introduce a burn mechanism and add new utilities. In terms of security, on top of the existing chain security, it will support contract layer security, including support and frameworks for multiple VMs such as EVM and WASM.
Read more about StaFi 2.0.
