About StaFi
FIS is an Ethereum token that powers StaFi, a cross-chain protocol for trading staked assets as derivatives (also called “liquid staking”). Users can stake proof of stake assets via StaFi to receive “rTokens” (for example, staking 1 XTZ on StaFi might generate 1 rXTZ), which can be freely traded and redeemed for a corresponding amount of the locked and staked asset. FIS is used for staking and minting rTokens, and for paying transaction fees on the network.
Buy StaFi
Trading Insights
Buyer Ratio
Traders
43
-15.69%
Buyers
22
-26.67%
Sellers
25
19.05%
Searched
63
Market Stats
Market Cap
£9.34M
-0.48%
FDV
£12.12M
Circ. Supply
119M FIS
Max Supply
Not enough data
Total Supply
154M FIS
Total Value Locked
£8.39M
Diluted Valuation
£12.19M
Performance
Popularity
#1,097
Dominance
0%
Volume (24H)
£4.48M
-19.5%
Volume (7D)
£18.97M
Volume (30D)
£162.26M
All time high
£3.56
Price Change (1Y)
-69.24%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of StaFi has decreased by 1.48% in the last hour and decreased by 1.57% in the past 24 hours. StaFi’s price has also fallen by 16.17% in the past week. The current price is £0.0780 per FIS with a 24-hour trading volume of £4.48M. Currently, StaFi is valued at 97.81% below its all time high of £3.56. This all-time high was the highest price paid for StaFi since its launch.
The current circulating supply of StaFi is 118,950,211.109 FIS which means that StaFi has as total market cap of £9,344,496.63.
Market details
FIS vs markets
↘ 83.39%
FIS vs BTC
↘ 83.04%
FIS vs ETH
↘ 82.13%
Tags
defi
substrate
polkadot
liquid-staking-derivatives
+1
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xef3A930e1FfFFAcd2fc13434aC81bD278B0ecC8d |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0780 | ↘ 1.44% |
1 Day | £0.0796 | ↘ 1.57% |
1 Week | £0.0935 | ↘ 16.17% |
1 Month | £0.0886 | ↘ 10.98% |
1 Year | £0.26 | ↘ 69.24% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
StaFi, short for Staking Finance, is a decentralized protocol that aims to unlock the liquidity of staked assets in Proof-of-Stake (PoS) blockchains. It is the first multi-chain liquid staking protocol that seeks to resolve the conflict between token liquidity and mainnet security in PoS consensus. Users have the opportunity to stake their PoS tokens through StaFi and receive rTokens in return. These rTokens are synthetic staking derivatives that represent the staked tokens and their corresponding staking rewards. They can be transferred and traded at any time, providing users with liquidity while still allowing them to earn staking rewards. StaFi's protocol is overseen by a decentralized autonomous organization (DAO), with input from the community and core team.
StaFi operates through a staking pool protocol that manages user contributions, staking rewards, and withdrawals. Users stake their PoS tokens through staking contracts built in the StaFi protocol and receive rTokens in return. These rTokens, such as rETH, rMATIC, rATOM, rBNB, rSOL, etc., are tradable and can earn staking rewards from the original chain simultaneously. The staking entities, known as operators, manage an infrastructure for running validator clients. This infrastructure includes high-availability servers and redundant networks.
StaFi provides a solution to the liquidity problem in PoS staking. Users have the opportunity to stake their PoS tokens without locking their assets or maintaining infrastructure, while participating in on-chain activities. The rTokens issued by StaFi can be used for trading, borrowing, or lending on various platforms. This allows users to earn staking rewards on their tokens without having to lock them up, providing them with more flexibility. They can also be used to provide liquidity to DeFi protocols and to create staking derivatives. As a result, rTokens are a valuable tool for users who want to participate in the staking market.
StaFi was initially built on the Polkadot ecosystem using Substrate to construct the StaFi Chain, which provides staking through an appchain. Subsequently, StaFi Hub was developed to support staking in the COSMOS ecosystem. With the development of the EVM ecosystem, StaFi has launched a solution for EVM Compatible Chain. Currently, the StaFi Protocol supports multi-chain ecosystems such as Ethereum, Polygon, BSC, COSMOS, Solana, Polkadot, Kusama, etc.
We update our StaFi to GBP currency in real-time. Get the live price of StaFi on Coinbase.
The current market cap of StaFi is £9.34M. A high market cap implies that the asset is highly valued by the market.
The all-time high of StaFi is £3.56. This all-time high is highest price paid for StaFi since it was launched.
Over the last 24 hours, the trading volume of StaFi is £4.48M.
Assets that have a similar market cap to StaFi include Magpie, Botto, Boson Protocol, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of StaFi is 119 million.
StaFi ranks 298 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 33% of Coinbase users are buying StaFi. In other words, 33% of Coinbase customers have increased their net position in StaFi over the past 24 hours through trading.
Yes, StaFi is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy StaFi guide.
Social stats
Popularity in posts
#3271
Contributors
17
Posts
56
% About StaFi
0.004%
Hold times
0 days
X (Twitter)
7.12% bullish
Sentiment
3.9 ★
Highlights
17 unique individuals are talking about StaFi and it is ranked #3,271 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, StaFi has an average sentiment score of 78 out of 5. Finally, StaFi is becoming less newsworthy, with 0 news articles published about StaFi.
On Twitter, people are mostly neutral about StaFi. There were 7.2% of tweets with bullish sentiment compared to 1.16% of tweets with a bearish sentiment about StaFi. 92.8% of tweets were neutral about StaFi. These sentiments are based on 55 tweets.
On Reddit, StaFi was mentioned in 0 Reddit posts and there were 0 comments about StaFi. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.