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.
Trading Insights
Buyer Ratio
Traders
363
142%
Buyers
295
165.77%
Sellers
200
156.41%
Searched
904
Market Stats
Market Cap
£2.37M
-17.29%
FDV
£2.75M
Circ. Supply
134M FIS
Max Supply
Not enough data
Total Supply
155M FIS
Total Value Locked
£5.76M
Diluted Valuation
£2.78M
Performance
Popularity
#1,512
Dominance
0%
Volume (24H)
£6.36M
32.31%
Volume (7D)
£52.21M
Volume (30D)
£172.49M
All time high
£3.61
Price Change (1Y)
Not enough data
-95.16%
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 0.21% in the last hour and decreased by 16.26% in the past 24 hours. StaFi’s price has also fallen by 18.12% in the past week. The current price is £0.0177 per FIS with a 24-hour trading volume of £6.36M. Currently, StaFi is valued at 99.51% below its all time high of £3.61. This all-time high was the highest price paid for StaFi since its launch.
The current circulating supply of StaFi is 133,757,218.132 FIS which means that StaFi has as total market cap of £2,370,532.83.
Market details
FIS vs markets
↘ 94.19%
FIS vs BTC
↘ 94.09%
FIS vs ETH
↘ 93.18%
Tags
defi
substrate
polkadot
liquid-staking-derivatives
+1
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xef3A930e1FfFFAcd2fc13434aC81bD278B0ecC8d |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0177 | ↘ 16.26% |
1 Day | £0.0215 | ↘ 16.26% |
1 Week | £0.0220 | ↘ 18.12% |
1 Month | £0.0454 | ↘ 59.95% |
1 Year | £0.39 | ↘ 95.16% |
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.
Social stats
Popularity in posts
#368
Contributors
190
Posts
190
% About StaFi
0.063%
Articles
0
X (Twitter)
28.37% bullish
Sentiment
3.1 ★
Highlights
190 unique individuals are talking about StaFi and it is ranked #368 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 3.1 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 35.93% of tweets with bullish sentiment compared to 26.62% of tweets with a bearish sentiment about StaFi. 64.07% of tweets were neutral about StaFi. These sentiments are based on 2312 tweets.
On Reddit, StaFi was mentioned in 17 Reddit posts and there were 23 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
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