{"id":5082,"date":"2020-09-22T10:26:28","date_gmt":"2020-09-22T10:26:28","guid":{"rendered":"https:\/\/cryptos724.com\/what-is-stafi\/"},"modified":"2021-01-28T00:05:41","modified_gmt":"2021-01-28T00:05:41","slug":"what-is-stafi","status":"publish","type":"page","link":"https:\/\/cryptos724.com\/en\/what-is-stafi\/","title":{"rendered":"What Is Stafi (FIS)"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Header&#8221; _builder_version=&#8221;4.4.8&#8243; background_color=&#8221;#ffd000&#8243; background_color_gradient_direction=&#8221;60deg&#8221; background_enable_image=&#8221;off&#8221; background_size=&#8221;initial&#8221; custom_padding=&#8221;60px|0px|60px|0px|false|false&#8221; custom_width_px__hover=&#8221;1080px&#8221; custom_width_px__hover_enabled=&#8221;1080px&#8221; custom_width_percent__hover=&#8221;80%&#8221; custom_width_percent__hover_enabled=&#8221;80%&#8221; locked=&#8221;off&#8221; parallax_1__hover=&#8221;off&#8221; parallax_1__hover_enabled=&#8221;off&#8221; 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_builder_version=&#8221;4.3.3&#8243;][et_pb_image src=&#8221;https:\/\/cryptos724.com\/wp-content\/uploads\/2020\/09\/Logo-Stafi.png&#8221; title_text=&#8221;Stafi Logo&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.6.1&#8243; width=&#8221;30%&#8221; width_tablet=&#8221;50%&#8221; width_phone=&#8221;70%&#8221; width_last_edited=&#8221;on|desktop&#8221; custom_margin=&#8221;-30px||-30px||false|false&#8221; custom_margin_tablet=&#8221;-90px||-15px||false|false&#8221; custom_margin_phone=&#8221;-100px||-15px||false|false&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.4.8&#8243; text_font=&#8221;Overpass|300|||||||&#8221; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;Overpass|900|||||||&#8221; header_text_align=&#8221;left&#8221; header_font_size=&#8221;65px&#8221; header_letter_spacing=&#8221;-1.5px&#8221; header_line_height=&#8221;1.25em&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;0px||||false|false&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;50px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h1 style=\"text-align: center;\">What Is Stafi (FIS)<\/h1>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.3.3&#8243; custom_margin=&#8221;||3px|||&#8221; custom_padding=&#8221;60px||30px|||&#8221;][et_pb_row _builder_version=&#8221;4.3.3&#8243; custom_padding=&#8221;0px||0px|||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.3.3&#8243;][et_pb_text _builder_version=&#8221;4.4.8&#8243; text_font=&#8221;Overpass|300|||||||&#8221; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;Overpass|900|||||||&#8221; header_text_align=&#8221;left&#8221; header_font_size=&#8221;80px&#8221; header_line_height=&#8221;1.25em&#8221; text_orientation=&#8221;justified&#8221; custom_padding=&#8221;||||false|false&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;40px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221;]<\/p>\n<p><strong><span style=\"font-size: 20px;\">Stafi (the name stands for <\/span><em style=\"font-size: 20px;\">Staking Finance<\/em><span style=\"font-size: 20px;\">) is the first DeFi protocol that unlocks the liquidity of <\/span><em style=\"font-size: 20px;\">staking assets.<\/em><\/strong><span style=\"font-size: 20px;\"> But how? Stafi<strong> allows you to <\/strong><\/span><strong><em style=\"font-size: 20px;\">stake<\/em><span style=\"font-size: 20px;\"> cryptos in its <\/span><em style=\"font-size: 20px;\">pool<\/em> and, <span style=\"font-size: 20px;\">in return, it provides you with <\/span><em style=\"font-size: 20px;\">tokens<\/em><span style=\"font-size: 20px;\"> that are actually <\/span><\/strong><em style=\"font-size: 20px;\"><strong>crypto assets<\/strong> you are holding.<\/em><span style=\"font-size: 20px;\"> So, although until now you could not trade cryptocurrencies with <\/span><em style=\"font-size: 20px;\">staking<\/em><span style=\"font-size: 20px;\">, some were even blocked for 28 days, such as Polkadot, now, thanks to Stafi and its<\/span><em style=\"font-size: 20px;\">tokens,<\/em><span style=\"font-size: 20px;\"> which are your coins,<strong> you can trade those cryptos and earn passive income.<\/strong><\/span><\/p>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.4.8&#8243; text_font=&#8221;Overpass|300|||||||&#8221; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;Overpass|900|||||||&#8221; header_text_align=&#8221;left&#8221; header_font_size=&#8221;80px&#8221; header_line_height=&#8221;1.25em&#8221; header_2_font=&#8221;Overpass|900|||||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_text_color=&#8221;#fc7500&#8243; header_2_font_size=&#8221;45px&#8221; header_2_letter_spacing=&#8221;-1.5px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;0px||0px|||&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;40px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h2><span style=\"color: #ffd000;\">Stafi is the first protocol that unlocks the liquidity of staked assets, while they generate commissions or passive income<\/span><\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; 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custom_padding=&#8221;18px||15px||false|false&#8221; box_shadow_style=&#8221;preset1&#8243;][\/et_pb_button][et_pb_text _builder_version=&#8221;4.3.3&#8243; text_font=&#8221;Overpass|300|||||||&#8221; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;Overpass|900|||||||&#8221; header_text_align=&#8221;left&#8221; header_font_size=&#8221;80px&#8221; header_line_height=&#8221;1.25em&#8221; header_2_font=&#8221;Overpass|900|||||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_text_color=&#8221;#fc7500&#8243; header_2_font_size=&#8221;45px&#8221; header_2_letter_spacing=&#8221;-1.5px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;60px||0px|||&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;40px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h2><span style=\"color: #333333;\">How Does Stafi Work?<\/span><\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=&#8221;4.3.3&#8243; text_font=&#8221;Overpass|300|||||||&#8221; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;Overpass|900|||||||&#8221; header_text_align=&#8221;left&#8221; header_font_size=&#8221;80px&#8221; header_line_height=&#8221;1.25em&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||0px|||&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;40px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221;]<\/p>\n<p><strong>Stafi users get liquidity from currencies that <em>stake<\/em> in the <em>pool<\/em> and therefore can trade them.<\/strong> How is that possible? <strong>With rToken<\/strong>, where &#8220;Token&#8221; actually means the <em>staking<\/em> crypto you want to trade, and &#8220;r&#8221; stands for <em>reward<\/em>. These are actually <em>tokens<\/em> that Stafi provides you for your <em>staking coins. <\/em>If, for instance, you <em>stake<\/em> 20 Polkadot&#8217;s DOTs in a <em>pool<\/em>, Stafi will give you 20 rDOTs, which you can then withdraw <strong>while generating around 8% annual return<\/strong> by <em>staking.<\/em><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.3.3&#8243; custom_padding=&#8221;30px||0px|||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.3.3&#8243;][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;Overpass|300|||||||&#8221; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;Overpass|900|||||||&#8221; header_text_align=&#8221;left&#8221; header_font_size=&#8221;80px&#8221; header_line_height=&#8221;1.25em&#8221; header_2_font=&#8221;Overpass|900|||||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_text_color=&#8221;#fc7500&#8243; header_2_font_size=&#8221;45px&#8221; header_2_letter_spacing=&#8221;-1.5px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||30px||false|false&#8221; custom_padding=&#8221;0px||0px|||&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;40px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h2><span style=\"color: #fc7500;\">Stafi (FIS) Price<\/span><\/h2>\n<p>How much does a Stafi <em>token<\/em> (FIS) cost? <span style=\"font-size: 20px;\">Here is a chart with the <\/span><strong style=\"font-size: 20px;\">Stafi price<\/strong><span style=\"font-size: 20px;\"> or <\/span><strong style=\"font-size: 20px;\">market value.<\/strong><span style=\"font-size: 20px;\">\u00a0<\/span><\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/cryptos724.com\/como-comprar-stafi\/&#8221; button_text=&#8221;Buy Stafi (FIS)&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.6.1&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;18px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#fc7500&#8243; button_border_width=&#8221;0px&#8221; button_border_radius=&#8221;30px&#8221; button_letter_spacing=&#8221;2px&#8221; button_font=&#8221;Overpass|900||on|||||&#8221; button_icon=&#8221;%%281%%&#8221; custom_margin=&#8221;0px||0px||false|false&#8221; custom_padding=&#8221;18px||15px||false|false&#8221; box_shadow_style=&#8221;preset1&#8243;][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.3.3&#8243; custom_padding=&#8221;0px||0px|||&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.3.3&#8243;][et_pb_text _builder_version=&#8221;4.3.3&#8243; text_font=&#8221;Overpass|300|||||||&#8221; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.8em&#8221; header_font=&#8221;Overpass|900|||||||&#8221; header_text_align=&#8221;left&#8221; header_font_size=&#8221;80px&#8221; header_line_height=&#8221;1.25em&#8221; header_2_font=&#8221;Overpass|900|||||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_font_size=&#8221;45px&#8221; header_2_letter_spacing=&#8221;-1.5px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;justified&#8221; custom_margin=&#8221;||10px||false|false&#8221; custom_padding=&#8221;60px||0px||false|false&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;40px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; text_orientation_tablet=&#8221;justified&#8221; text_orientation_phone=&#8221;left&#8221; text_orientation_last_edited=&#8221;on|phone&#8221;]<\/p>\n<h2>LEARN MORE ABOUT STAFI (FIS)<\/h2>\n<p>[\/et_pb_text][et_pb_toggle title=&#8221;What Is Staking?&#8221; _builder_version=&#8221;4.7.7&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;Overpass|700|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.5em&#8221; closed_title_font=&#8221;Overpass|700|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.5em&#8221; body_font=&#8221;Overpass|300|||||||&#8221; body_text_align=&#8221;justify&#8221; body_font_size=&#8221;18px&#8221; body_line_height=&#8221;1.8em&#8221; body_text_align_tablet=&#8221;&#8221; body_text_align_phone=&#8221;left&#8221; body_text_align_last_edited=&#8221;on|phone&#8221; border_width_all=&#8221;0px&#8221;]<\/p>\n<p><em>Staking<\/em> is an<strong> alternative system to mining that requires fewer resources. <\/strong>While mining requires a computer with specific <em>software<\/em>, in <em>staking<\/em><strong>it is enough to have a node with cryptocurrencies to continue generating blocks.<\/strong> Basically, <em>staking<\/em> consists in keeping<em>assets<\/em> in a crypto <em>wallet<\/em>. This supports the <em>blockchain<\/em> operations, as well as your security.<\/p>\n<p>Besides, with <em>staking<\/em>, you delegate the &#8220;power of <em>stake&#8221; <\/em> of your crypto assets to a validator, who is responsible for generating blocks on the network. Based on these blocks, they get a commission that is then shared among those who gave them their power of <em>stake<\/em>.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Which Kind of Network Does Stafi Use?&#8221; _builder_version=&#8221;4.7.7&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;Overpass|700|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.5em&#8221; closed_title_font=&#8221;Overpass|700|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.5em&#8221; body_font=&#8221;Overpass|300|||||||&#8221; body_text_align=&#8221;justify&#8221; body_font_size=&#8221;18px&#8221; body_line_height=&#8221;1.8em&#8221; body_text_align_tablet=&#8221;&#8221; body_text_align_phone=&#8221;left&#8221; body_text_align_last_edited=&#8221;on|phone&#8221; border_width_all=&#8221;0px&#8221;]<\/p>\n<p>Stafi works in Polkadot network, taking the form of <em>parachain<\/em>. For more information about Polkadot network or <em>parachains<\/em>, see <a href=\"https:\/\/cryptos724.com\/en\/what-is-polkadot\/\">What Is Polkadot<\/a>.<\/p>\n<p>[\/et_pb_toggle][et_pb_toggle title=&#8221;Hardware Wallets for Stafi (FIS)&#8221; _builder_version=&#8221;4.7.7&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;Overpass|700|||||||&#8221; title_font_size=&#8221;18px&#8221; title_line_height=&#8221;1.5em&#8221; closed_title_font=&#8221;Overpass|700|||||||&#8221; closed_title_font_size=&#8221;18px&#8221; closed_title_line_height=&#8221;1.5em&#8221; body_font=&#8221;Overpass|300|||||||&#8221; body_text_align=&#8221;justify&#8221; body_font_size=&#8221;18px&#8221; body_line_height=&#8221;1.8em&#8221; body_text_align_tablet=&#8221;&#8221; body_text_align_phone=&#8221;left&#8221; body_text_align_last_edited=&#8221;on|phone&#8221; border_width_all=&#8221;0px&#8221;]<\/p>\n<p><span>We encourage you to use a <\/span><strong><em>hardware wallet<\/em><span><\/span><\/strong><span> (a physical crypto wallet)<\/span><span><strong> to keep your Stafi (FIS) tokens safe.<\/strong> This is <strong>the safest option,<\/strong> not only <\/span><strong>because it is physical<\/strong><span> (which keeps the key away from the web), but also because, in addition,<\/span><strong> you are very unlikely to lose it<\/strong><span>, as it may easily happen to a<\/span><em>paper wallet, <\/em><span><\/span><span>which is just a piece of paper with the keys written on it. Therefore, you will never regret investing into a <\/span><em>hardware wallet<\/em><span>. We recommend you using <\/span><a href=\"https:\/\/shop.ledger.com\/pages\/ledger-nano-x?r=56848b02c356\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>Ledger<\/strong><\/a><span> and <\/span><a href=\"https:\/\/shop.trezor.io\/?offer_id=10&amp;aff_id=4400\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>Trezor<\/strong><\/a><span>, both coming in two versions. For more information, please see our <a href=\"https:\/\/cryptos724.com\/hardware-wallets\/\">Hardware Wallets<\/a> page.<\/span><\/p>\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.3.3&#8243; background_color=&#8221;#eaeaea&#8221; custom_padding=&#8221;0px||60px|||&#8221;][et_pb_row column_structure=&#8221;1_6,1_6,1_6,1_6,1_6,1_6&#8243; _builder_version=&#8221;4.3.3&#8243; custom_padding=&#8221;0px||0px|||&#8221;][et_pb_column type=&#8221;1_6&#8243; _builder_version=&#8221;4.3.3&#8243;][et_pb_image src=&#8221;https:\/\/cryptos724.com\/wp-content\/uploads\/2020\/05\/Logo-Bitcoin.png&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.3.3&#8243; width_tablet=&#8221;&#8221; width_phone=&#8221;70%&#8221; width_last_edited=&#8221;on|phone&#8221; custom_margin=&#8221;||-5px||false|false&#8221; custom_margin_tablet=&#8221;&#8221; custom_margin_phone=&#8221;||||false|false&#8221; custom_margin_last_edited=&#8221;on|phone&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_6&#8243; 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