INTEGRATION OF HYPERPAY WALLET BY STAFI PROTOCOL SYSTEM TO ENSURE MAXIMUM OPTIMIZATION OF USER'S MANAGEMENT ASSETS

Omoniyi Oluwabukola
3 min readAug 31, 2021

INTRODUCTION

StaFi protocol system have implemented the integration of Hperpay wallet into their mobile application system to ensure the provision of user’s assets and fully optimization of effective assets management services of billions of staked assets of millions of community members in the ecosystem. This adoption of this wallet is essential to instigate the interaction of users to stake their $ETH tokens in the staking platform system as get $FIS token as a reward in return.

ABOUT STAFI

StaFi protocol is decentralized finance that was created for unfastened the liquidity of staked assets of stakers. The protocol system is designed to tackle the security challenges of the main-net system to ensure maximum safety of user’s assets in the application system.

CONCEPT OF HYPERPAY

HyperPay is the first ever ecological multiple chains assets that integrates and implement off chains, shared wallet and on chains. It ensures the provision of dynamic service like users payment, financial resources management network, and lending option service for commercial Investors. HyperPay has multiple users across the globe due to its top notch service if offers for its esteemed users in the ecosystem.

IMPLEMENTATION OF rETH ON HYPERPAY NETWORK

In order to ensure a reliable, effective and efficient ETH 2.0 staking platform service for stakers, user’s and community members in the ecosystem, StaFi protocol network has implement the creation and development of safe and convenient wallet known as HyperPay. This platform system will join forces with StaFi platform system in building and launching of a project called StakingDrop campaign with the primary motive to motivate more user’s, investors and ETH holders across the globe in participating in the staking process for more incentive benefits.

GUIDE OF STAKINGDROP

The duration of the staking drop will commence between interval of two weeks from August 6 to 21 in the year 2021. This campaign will last for period of two weeks and users will earn FIS token as reward for the active participation in promoting the project. The holders of ETH tokens can stake their token via StaFi rETH application system on Hyperpay onchain wallet to earn rETH token in return which can be exchange ,swap or traded on the Uniswap finance.

User’s reward is duly claimable everyday and they can add wallet address to view their reward on the network system.

GUIDELINES ON HYPERPAY

Native user’s need to know and follow the following guidelines before staking their ETH on Hyperpay wallet as follows:

1. Choosing of “StaFi rETH “ is essential in the Dapp function page on the Hyperpay wallet.

2. Selecting of the required amount that users want to stake on is the next step to consider on the staking page and then user’s need to press the “stake” function to proceed

3. The last step is the confirmation of the request transaction and moves to the last phase by click on “next”

4. After the completion of the staking process, the application system on the dashboard will shows the amount of rETH and reward, users need to proceed further by pressing the exchange function in order to trade rETH on the curve page claims the staking rewards in form of FIS token.

CONCLUSION

The collaboration of Hyperpay and StaFi will ensure the further encouragement of user’s in participating on any available project for getting more reward and also the integration of this wallet will provide fully optimization of users benefits on management services of staked asset of community members in the ecosystem. This will aid further development of decentralised finances further in the ecosystem.

For more relevant details, visit https://www.stafi.io

Article Written By : slimvicky

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