StaFi releases rToken white paper, 70% of business income is allocated to FIS Token holders
Rhythm BlockBeats news, on December 16, the decentralized protocol StaFi released the rToken white paper.
According to the white paper, the rToken solution will first be implemented on three major public chains, They are ETH 2.0, Polkdot and Cosmos respectively, not only providing liquidity solutions of rETH, rDOT and rATOM for the above three public chains themselves, but also providing rToken protocol standards for the PoS projects on the above three public chains. There are two main ways to obtain rTokens: 1) Participate in StaFi’s Staking Contract; 2) Obtain rTokens held by others through Uniswap or lending agreements.
In addition, StaFi will use the vast majority of business income to give back to the community to give back to the community for their support. In the future, the income of rToken solutions will be distributed according to the following rules: 1) 70% will be used to give back to FIS Token holders, the specific method is repurchase and destruction or dividends; 2) 20% will be deposited into the StaFi Treasury treasury, Used to support the further development and marketing of the project; 3) 10% will be allocated to the team.
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