|All Time High:|
|Market Cap: |
|The price of #FIS today is $0.33 USD.|
The lowest FIS price for this period was $0, the highest was $0.328, and the current live price for one FIS coin is $0.32780.
The all-time high FIS coin price was $5.57.
Use our custom price calculator to see the hypothetical price of FIS with market cap of BTC or other crypto coins.
|The code for Stafi crypto currency is #FIS. |
Stafi is 2.8 years old.
|The current market capitalization for Stafi is $28,650,147.|
Stafi is ranked #423 out of all coins, by market cap (and other factors).
|There is a big volume of trading today on #FIS.|
Today's 24-hour trading volume across all exchanges for Stafi is $1,083,985.
|The circulating supply of FIS is 87,400,000 coins, which is 69% of the total coin supply.|
StaFi DAO Phase0 Launch
StaFi DAO Governance Phase0 - During Phase0, StaFi DAO has made significant progress in its decentralization efforts, particularly in the areas of community-driven proposal submission and voting. The main objective is to promote transparency within the community by providing updates on the current state of the DAO Treasury and rToken revenue. To ensure the safety of DAO assets, various security measures, including multi-signature authentication, will be implemented. — Submit and Vote Proposal in DAO - In Phase0, direct on-chain governance is not yet available. There is an ongoing discussion regarding whether governance should be conducted on the StaFi Chain or on Ethereum. Voting in Phase0 primarily takes place on OpenSquare, which is similar to the snapshot feature in the EVM ecosystem. The proposal initiation process is open to the entire community, while certain parameters are set for voting to ensure security and prevent abuse. However, voting remains open to the entire community. For more specific details, please refer to the following resources: Proposal and voting guide: dao.stafi.io, OpenSquare: voting.opensquare.io, — Community and Inflation Treasure Transparency and Security - During Phase0, we have released details of the community aspect of the DAO Treasury, which includes both the Inflation Treasury and the Community Treasury allocated from the Genesis Sumup. All FIS tokens have been unlocked and ar...
StaFi now integrates SSV DVT on Mainnet
We are thrilled to announce that StaFi integratess SSV on Mainnet. Now users have the ability to stake their ETH tokens to DVT on the StaFi rToken App. The collaboration between StaFi Protocol and the SSV Network aims to leverage the benefits of DVT to strengthen StaFi’s staking ecosystem. DVT is a technology that allows an Ethereum PoS Validator to be run on multiple nodes, enabling a cluster of nodes to act together as a single validator. By introducing DVT, StaFi will enhance the security of its staking infrastructure and reduce the probability of validator slashing. — How integrates SSV to StaFi - The current StaFi ETH liquid staking validator function supports trust validators and solo validators. To support DVT and accommodate future expansion of validator types, we have developed a new module called Router. Router will integrate existing validator services with upcoming SSV support and use its allocation algorithm to assign user staked ETH to the corresponding validator. The Router will monitor the events and balance of the staking pool. The pool will set aside a specific amount of ETH for withdrawals. If the pool’s valid balance exceeds 20 ETH, users can choose to deposit 12 ETH as a solo validator and use their own server or SSV to activate the validator on the Beacon Chain. This activation process needs to be done manually. Once the pool’s valid balance(exclude the balance reserved for buffer) exceeds 3...
StaFi Protocol Monthly-October Community Update
October has been a month of significant progress and development at StaFi Protocol, as we continue to innovate and strengthen our position in the staking ecosystem. In this Community Update, we are excited to share a comprehensive overview of our technical advancements, community initiatives, and governance updates. We have successfully integrated Chainlink CCIP and Automation, made substantial improvements to the rToken App Testnet, and taken major steps forward in Decentralized Validator Technology with SSV network. Our commitment to fostering a strong and engaged community remains a top priority, as we work towards advancing StaFi DAO. Join us as we delve into the details of a productive month, and lay the groundwork for continued success and innovation. — Product & Development - — 1.StaFi Weekly Development Updates. — Week 2 (7–13 October), Week 3 (16–20 October), Week 4 (23–27 October), — 2.Chainlink CCIP and Automation For Cross-Chain Liquid Staking. — StaFi integrated Chainlink CCIP and Automation on October 9th across Arbitrum, Ethereum, and Polygon to enhance cross-chain liquid staking. This integration enables secure and efficient rate synchronization for rETH and rMATIC, leveraging Chainlink’s proven security and reliability. Chainlink Automation ensures cost-effective contract triggering, while the Risk Management Network provides an additional security layer. StaFi, ...
StaFi Integrates Chainlink CCIP and Automation To Help Unlock Cross-Chain Liquid Staking
We’re excited to announce that StaFi has integrated Chainlink CCIP — the industry standard for secure cross-chain interoperability — across the Arbitrum, Ethereum, and Polygon mainnets. We’re leveraging CCIP’s arbitrary messaging functionality to help us build cross-chain asset rate synchronization, helping enable staking rates to be sent from Ethereum to Arbitrum and Polygon. We are also utilizing Chainlink Automation to help securely and cost-efficiently trigger the RateSender contract on Ethereum mainnet. As a result, the most recent rates for rETH and rMATIC can be securely transmitted to Arbitrum and Polygon via CCIP. We selected CCIP as our go-to interoperability solution because Chainlink has a proven track record of maintaining the highest standard of security and reliability in the Web3 industry. Furthermore, CCIP is backed by the Risk Management Network — a separate, independent network that continually monitors and verifies cross-chain operations for suspicious activity. This additional layer of security is particularly important given historical industry exploits and the billions in user funds lost due to insecure and unreliable cross-chain infrastructure. Chainlink Automation is a decentralized service purpose-built to manage tasks on behalf of smart contracts. Chainlink Automation leverages decentralized, hyper-reliable, and economically incentivized automation nodes to wake up smart con...
2023Q4 Roadmap — Decentralizing StaFi and Layer1 Staking
2023Q4 Roadmap — Decentralizing StaFi and Layer1 Staking - — Retrospective - StaFi Protocol’s achievements in Q2 were outstanding by consistently strengthening its LSD narratives through continuous integrations. Pioneering technologies were developed within StaFi to decentralize the staking of Layer1s. Notable examples include the Cosmos LSM (liquid staking model), Ethereum DVT (highlighted by the SSV & Obol milestones), Chainlink’s CCIP (focusing on Interoperability), and Tidal’s Slash Insurance Protection. Furthermore, several public proposals are currently under discussion, encompassing topics like Cosmos ICS, Neutron integration, Smart Delegation Algorithm V2, and research into MEV/ZKPs. Many of these initiatives are already in progress, with a strong push by StaFi to launch and bolster a more secure protocol for LSDs by Q3. Additionally, StaFi remains committed to standardizing the infrastructure for its LSD integration. — Token2049 - In September, StaFi Protocol participated in Token2049 held in Singapore with the primary objective of re-establishing connections with LSDFi projects, including notable names like Kyber, Pendle, SSV, Obol, and Timeswap. The main goal was to explore further possibilities for rToken adoptions. This participation led to significant recognition for StaFi in Singapore, laying the foundation for more extensive collaborations. While the event itself didn’t introduce ...
StaFi Protocol Monthly-September Community Update
In September, StaFi Protocol worked diligently on technical enhancements, acknowledged community contributions, and forged new strategic partnerships. We developed the rToken App’s Wallet Connect feature, integrated Cosmos LSM on StaFi Testnet, and launched the $rETH and $rATOM Mint-Drop Campaign. Our community’s efforts were recognized through the StaFi DAO’s August report and the introduction of our first Substack newsletter. Furthermore, our collaboration with Obol Network’s Alpha Mainnet underlined our commitment to decentralized staking. As we transition into October, this report summarizes StaFi’s key developments and initiatives from the previous month. — Product & Development - — 1. StaFi Weekly Developments. — Week 1 (28 August — 1 September), Week 2 (4–8 September), Week 3 (11–15 September), Week 4 (18–22 September), Week 5 (25–29 September), — 2. StaFi’s Commitment to Ethereum Decentralization. — On 1st September, StaFi reaffirmed its dedication to the decentralized principles of Ethereum. In line with this commitment, StaFi plans to cap its participation to 22% of all Ethereum validators. This move aims to bolster Ethereum’s decentralized nature. Further specifics regarding this initiative will be unveiled soon. Stakeholders and interested parties are encouraged to stay updated for forthcoming details. — 3. rToken App Integrates Wallet Token Ap...
StaFi collaborates with Obol Network to participate in it’s Alpha Mainnet
We are excited to announce its technical collaboration with Obol Network, stepping into the role of a Mainnet Alpha Distributed Validator (DV). This partnership is a testament to our commitment to pushing the boundaries of staking technology. Obol Network’s Alpha phase, initiated in April, marked the deployment of the first set of Mainnet DVs, designed to decentralize and enhance the security of the Ethereum staking process. StaFi, leveraging its expertise in staking solutions, has been instrumental in this phase, ensuring optimal validator performance and network stability. Our collaboration is rooted in the shared objective of advancing Distributed Validator Technology (DVT) within the Ethereum ecosystem. By decentralizing validation processes, DVT aims to reduce single points of failure, enhance network resilience, and ensure a more equitable distribution of staking rewards. As part of this collaboration, StaFi has been actively involved in performance testing, protocol optimizations, and ensuring the robustness of the DV infrastructure on the Obol Network. For a comprehensive technical overview of our collaboration, read the detailed article here. — About Obol Network - Obol Labs is a research and software development team focused on proof-of-stake infrastructure for public blockchain networks. Specific topics of focus are Internet Bonds, Distributed Validator Technology and Multi-Operator Validation. The team ...
StaFi now supports Cosmos LSM on Mainnet
We are thrilled to announce that StaFi supports Cosmos liquid staking module (LSM) on Mainnet. Now users have the ability to covert their staked ATOM tokens to rATOM tokens on the StaFi rToken App. The liquid staking module (LSM) is a revolutionary new Cosmos SDK module being developed by Iqlusion, it will allow staked tokens to be directly liquid staked with StaFi without the intermediate step of unstaking. — How to covert staked ATOM into rATOM - — Step1. — Visit the rToken App and click the “Stake” button. — Step2. — To import a Cosmos account that has previously staked ATOM, you can import it into the Keplr wallet and connect the Keplr wallet to the StaFi rToken App. Once connected, the available amount of staked ATOM will be automatically displayed. — Step3. — On the “Redelegate” tab, select “Staked ATOM” and enter the amount of staked ATOM you want to redelegate. Then click on “Redelegate”. — Step4. — Upon clicking “Redelegate”, you will be redirected to your Keplr wallet. Remember to confirm the transaction details. To proceed, click on the “Approve” button to sign the transaction. Wait for the transaction to be confirmed and the redelegation operation to be completed successfully. — Read More - Proposal: dao.stafi.io, Docs: docs.stafi.io, StaFi Hub source code: github.com, LSM source code: github.com, — About StaFi - StaFi pr...
StaFi now supports Cosmos LSM on Testnet
We are thrilled to announce that StaFi supports Cosmos liquid staking module (LSM) on Testnet. The liquid staking module (LSM) is a revolutionary new Cosmos SDK module being developed by Iqlusion, it will allow staked tokens to be directly liquid staked with StaFi protocol without the intermediate step of unstaking. — How LSM works - LSM uses a mechanism called “representative tokens” to implement liquid staking. When a user stakes their assets, they will receive a representative token. This token can be transferred and traded just like any other token. Users can redeem their assets at any time and receive the value of the representative tokens. — Limiting liquid staking - The LSM would limit the percentage of liquid staked ATOM by all liquid staking providers to 25% of the total supply of staked ATOM, in order to prevent liquid staking providers from collectively controlling more than ⅓ of the total staked ATOM supply, which is the threshold at which a group of bad actors could halt block production. Technically speaking, this cap on liquid staked ATOM is enforced by limiting the total number of tokens that can be staked via interchain accounts and tokenized using the liquid staking module on the Cosmos Hub. Once this cap is reached, the LSM prevents interchain accounts from staking any more ATOM and prevents delegators from tokenizing any more delegations using the LSM. — Validator bond - As an add...
StaFi Protocol Monthly-August Community Update
Dive into August’s exhilarating journey with StaFi Protocol’s Monthly Community Update! As we navigate through the month, we’ve witnessed significant strides in our technical advancements, community engagements, and collaborative efforts. This report aims to provide a comprehensive overview of our achievements, updates, and future plans. — Product&Development Updates - — 1. StaFi Weekly Developments. — Week 1 (31 July — 4 August), Week 2 (7–11 August), Week 3 (14–18 August), Week 4 (21–25 August), — 2. Successful Conclusion of StaFi’s rMATIC Bug Bounty Program. — On 3rd August, StaFi announced the successful completion of the $rMATIC Bug Bounty program. The initiative identified a total of 20 issues, with 16 functional and 4 smart contract-related. Out of these, 5 were addressed and fixed. For added security, we’ve also commissioned an external audit for $rMATIC from Zellic_io, which found no severe vulnerabilities. The audit and the bug bounty program together underscore StaFi’s dedication to ensuring a secure staking experience for its users. For more insights, refer to the $rMATIC Code. — 3. Merged StaFi rToken App Launched. — StaFi launched its Merged rToken App, integrating StaFi Chain & StaFiHub on August 4th. This unified platform facilitates staking of 11 distinct tokens across four ecosystems. Key enhancements include a streamlined UI/...
More Stafi (#FIS) News
|FIS Partners With Fireblocks to Provide Crypto Trading and Defi for Inst...
Israeli crypto custodian Fireblocks has partnered with FIS – the largest processing and payments company in the world – to bring crypto adoption to capital markets. FIS clients can now access a full suite of crypto investment solutions including trading, storage, and Defi.
Bringing Crypto to Institutions
According to a press release from the company, FIS is granting firms of all types “access to the largest crypto trading venues, liquidity providers, lending desks, and Defi applications.”
The announcement references a statistic suggesting that over two-thirds of institutional investors want to include digital assets in their portfolios. Indeed, a recent survey of financial advisors shows similar sentiment, with 72% of respondents showing interest in crypto investment if a US spot ETF is approved.
Investors like Kevin O’Leary and Michael Saylor have repeatedly highlighted the regulatory hurdle institutions need to overcome to access crypto markets. These challenges range from obscurity around government policy to internal company carters restricting investment in the space.
FIS will leverage the Fireblocks platform to let its corporate clients move, store, issue, and self custody their crypto assets. Networks for asset transfer, crypto staking, lending, and Defi will also be provided.
“As digital currencies become more mainstream, capital markets firms will greatly benefit from a single destination that helps them manage many classes of...