Introduction
The Aleo Network allows unaffiliated nodes — individual computers, phones, and other devices — to work together to update a ledger. This ledger is used to maintain records: encrypted data owned by end-users, and mappings, public shared data owned by programs. That makes it very similar to other widely used and provably secure blockchain ledgers, like Ethereum, but with one important additional safety mechanism: Aleo is purpose-built so that developers can do all of this without needing to publish all of their users’ data.
What is rALEO and its use case
Users can deposit ALEO on the StaFi Protocol without any limitations.
Users who deposit ALEO on StaFi will receive an equivalent amount of rALEO (rToken StaFi equivalent) to the value they staked. rALEO is an rebase token. Subsequently, users can freely trade rALEO (rToken equivalent) or provide liquidity (LP) to earn additional yield.
Why choose rALEO
ALEO is a privacy-focused Layer 1 blockchain based on Zero-Knowledge (ZK) technology, utilizing a new VM and architecture. This presents a significant opportunity for LSaaS to expand its capabilities. Additionally, privacy Layer 1 solutions have important applications.