Proposal for New rToken Listing - rMOVEMENT on rLaunchpad Season2
Introduction
Movement is a community-first blockchain providing the highest possible TPS through Move, instant finality, native day-zero access to mass liquidity, and modular customizations.
It will support Aptos Move, Sui Move, and also our embedded EVM interpreter MEVM—empowering both Sui, Aptos, and EVM users to use the L2.
What is rMOVEMENT and its use case
Users can deposit MOVEMENT on the StaFi Protocol without any limitations.
Users who deposit MOVEMENT on StaFi will receive an equivalent amount of rMOVEMENT (rToken StaFi equivalent) to the value they staked. rMOVEMENT is an rebase token. Subsequently, users can freely trade rMOVEMENT (rToken equivalent) or provide liquidity (LP) to earn additional yield.
Why choose rMOVEMENT
Movement is a next-generation high-performance Layer 1 blockchain that has gained significant attention in both capital and user markets. Supporting Movement with LSaaS can help increase market visibility. However, Movement is based on the Move language, which entails a learning and development curve. Additionally, Movement is currently in its testnet phase, and establishing official contact with the Movement team will be a key focus going forward.