STAFI: INTEGRATION AND ADOPTION OF RTOKENS IN CREATING MORE INCENTIVE SERVICES OPTIONS FOR COMMUNITY MEMBERS.

INTRODUCTION

StaFi protocol system has synergized with the BSC DeFi project with the primary aim of expanding the massive adoption of rToken for more productive services like lending and exchange of tokens among users in the ecosystem. This will ensure seamless swapping of rToken during the transaction.

ABOUT STAFI

StaFi protocol is a decentralized platform built for the main purpose of unlocking the fluidity of stacked assets and financial resources of users. The platform system is built with the primary aim of solving the security challenges of the main-net system to ensure maximum protection and safety of user’s assets in the application system.

CONCEPT OF rTOKEN

rToke is the reward users received in return on StaFi network system for stacking their financial assets on the POS platform system ( Proof of stake). These tokens are tradable on the exchange finance system.

FEATURES OF rTOKEN

• TRADABLE

rToken is a seamless and frictionless token that can be exchanged or swap on both decentralized or centralized platform systems which permits stakers and community members to trade while earning a reward in return.

• YIELD ACCUMULATION

User’s and stakers are rewarded for considerable staking benefits as return on their staked assets in form of yield accumulation through automated staking strategies policy on the network system to ensure maximum generation of financial resources through trading.

GUIDE TO FOLLOW IN ADDING BEP 20 TO METAMASK WALLET

• Users need to carefully follow the guidelines below in ensuring the addition of the BSC network to their smart chain wallet.

• Community members that were native to the BSC finance system need to first select the adequate standard token and press on the “Swap” or “ exchange” function, and proceed in selecting the actual amount of token they intend to swap and the correct BEP 20 address in the platform system of “rBridge Swap” and proceed further by pressing on the “Swap function” to activate the service.

• Users should be aware that transaction fees are required in form of FIS tokens which will stand as gas fees necessary to make the transaction successful.

• It’s advisable that there is enough and required FIS token in the sender address to prevent fail transactions.

• The next function is to enter the required password for the swapping process to be activated which the page will display successful when all required steps are duly followed.

• Users can view the transaction made on the necessary Blockchain platform system.

Users must be aware that StaFi assets application system supports and implement swapping assets among different chain’s system. Therefore, when performing this function the right corresponding standard chain needs to be selected at the rBridge Swap page platform, and also a selection of the right contact address is also one of the main priorities in ensuring the transfer of rToken gets to the designated recipients to avoid loss of financial assets.

CONCLUSION

This is a massive achievement for StaFi token holders at large, where the global adoption of this rToken will create more opportunities like lending service for the community members in the ecosystem and ensure the seamless transaction of rTokens among Ethereum, StaFi, and BSC users at large.

For Information, visit https://www.stafi.io

Article Written By : slimvicky

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