StaFi rETH is integrated into imToken, Stake ETH to Win $100,000 StakingDrop

rETH Released on imToken

In order to provide the safe, convenient and reliable ETH2.0 staking service for the community, StaFi rETH mobile has been launched on imToken wallet. At the same time, StaFi and imToken will jointly launch a StakingDrop campaign to encourage more ETH holders to participate in ETH2.0 Staking.

From July 22, 2021 to August 20, 2021(UTC), the users who stake ETH through the rETH mobile on imToken wallet could share the FIS token rewards pool the worth of $100,000 USDT, based on the amount of staked ETH. The rewards will be distributed in the form of ERC20 FIS token.

The Significance of Releasing on imToken

Compared with rETH App on PC, the integration on imToken could help more users enjoy the safe and convenient ETH2.0 liquid staking service at any time and anywhere, which greatly improves the usability of rETH App. The rETH App is the first rToken App to be integrated into mobile wallets, which is a significant milestone for StaFi. And StaFi will also actively cooperate with more wallets to provide convenient liquid staking services for more users and improve the liquidity of rTokens in the future.

StakingDrop Rules

1.Duration:

July 22, 2021 (UTC) - August 20,2021 (UTC)

2.Rules:

The StakingDrop campaign will last 30 days, and the total FIS reward pool is worth $100,000 USDT. ETH holders can stake ETH through StaFi rETH App on imToken wallet to get rETH token, which is the staking voucher token and could be traded against ETH on Curve and Uniswap. When users successfully stake the ETH on rETH App, they will also get airdrop of FIS rewards. The details are as follows:

1)Day 1- Day 5:

4:00 PM, July 22 (UTC) - 4:00 PM, July 27 (UTC), 10FIS per staked ETH;

2) Day 6 - Day 20:

4:00 AM, July 27 (UTC) - 4:00 PM, August 10 (UTC), 7FIS per staked ETH;

3) Day 21- Day 30:

4:00 PM, August 11 (UTC) - 4:00 PM, August 20 (UTC), 4FIS per staked ETH;

3. Claim the Rewards

1) The rewards will be claimable at 2 AM (UTC) every day.

2) The FIS is ERC20 format. Users can add the FIS ERC20 contract address in the imToken wallet and view it.

ERC20 FIS contract address: 0xef3a930e1ffffacd2fc13434ac81bd278b0ecc8d

Double Reward Campaign

In addition to the StakingDrop campaign, StaFi also set the reward pools for the campaign on Twitter. Users who stake ETH through imToken wallet can also get more FIS rewards by forwarding the posters on Twitter.

1. Calculation Method of Reward Pool

The reward pool is divided into three rounds, marked as pool 1, pool 2 and pool 3.

Day 6…Day 27 means the amount of staked ETH on imToken for a certain day.

Pool 1=[Day 6 - ( Day 5+Day 4+Day 3)/3 ]*3 +……+ [Day 13 - (Day 12+Day 11+Day 10)/3 ]*3

Pool 2=[Day 14 - ( Day 13+Day 12+Day 11)/3 ]*3 +…… + [Day 20 - (Day 19+Day 18+Day 17)/3 ]*3

Pool 3=[Day 21- (Day 20+Day 19+Day 18)/3]*3 +……+ [Day 27 - (Day 26+Day 25+Day 24)/3 ]*3

Note:

1) If the staked ETH amount on a certain day is less than the average amount of the staked ETH for the last three days, the prize pool will not accumulate.

2) The rewards pool will be accumulated from the Day 6 of the StakingDrop.

2.The Distribution Time

3.How to Get Rewards Effectively

On every Wednesday, we will post the Double Reward Campaign on StaFi’s Twitter account. Users who meet all the following three conditions will have the opportunity to share the rewards equally:

1) Stake ETH via rETH Ap on imToken.

2) Paste the staked ETH address, @ three friends and forward the poster.

3) Top 100 users will be selected.

Note:

The ERC20 FIS will be sent to your staked ETH address.

Reference

1.StaFi rETH Solution: https://docs.stafi.io/rtoken-app/reth-solution

2. The Staking Guide on imToken: https://docs.stafi.io/rtoken-app/reth-solution/staker-guide/the-guide-on-imtoken

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. rToken is a synthetic staking derivative issued by StaFi to users when user stake PoS tokens through StaFi rToken App (https://app.stafi.io). rTokens are anchored to the PoS tokens staked by users and the corresponding staking rewards. rTokens can be transferred and traded at any time.

Website: www.stafi.io
rToken App: https://app.stafi.io
Twitter: @Stafi_Protocol
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Forum: https://commonwealth.im/stafi