Stats of StakingDrop : Over $200M Bonded, Mainnet is Coming
StakingDrop 1st stage has ended on 31 Aug. More than $205M worth of staked assets have been bonded across 1767 addresses. In fact, 20% of the staking amounts were NEW staked assets and 40% are NEW staking addresses. This yet again shows that StaFi doesn’t only make staking liquid and enables new DeFi products — but also increase security of PoS networks!
--Average Staking rate of projects in StakingDrop have been incresased by 0.25%
-- Average value per account is $116K
--Average dropped FIS for each account is 1130
--FIS distribution for StakingDrop was over-subscribed by 7x
We are thankful to all participants and hope that all new members will become an integral part of the StaFi community. Next step is Mainnet, stay tuned!
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.