Stafi (FIS) is an innovative decentralized protocol designed to enhance liquidity in the cryptocurrency market. This groundbreaking protocol is comprised of three distinct layers: the underlying layer, the contract layer, and the application layer. Each layer plays a crucial role in ensuring the smooth operation of the Stafi protocol.
The underlying layer of the Stafi protocol is built on a robust blockchain system developed by Substrate. This ensures the security and reliability of the protocol, providing a solid foundation for the entire ecosystem. By leveraging the power of blockchain technology, Stafi is able to offer a decentralized solution to liquidity challenges.
Moving up the layers, we come to the contract layer of the Stafi protocol. This layer enables the creation of various services, including staking contracts for popular cryptocurrencies such as XTZ, Atom, and DOT. By staking their tokens, holders can earn incentives. What sets Stafi apart is that token holders can also receive rTokens, further enhancing the value proposition of the protocol.
Last but not least, the application layer of the Stafi protocol provides a range of essential functionalities. It supports Stafi-based APIs, which allow for seamless interaction with the protocol. Additionally, customized APIs are available for the circulation, transfer, and trading of rTokens within the Stafi ecosystem. This enables users to easily access and utilize the benefits of the Stafi protocol.
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