Introduction
Vara Network is a stand-alone layer-1 decentralized network built and running on top of Gear Protocol.
Alongside other blockchains that offer fast and inexpensive transactions, Vara possesses several unique features: a simple yet powerful framework for writing programs based on the Actor model, automation through deferred messages, gasless and signless transactions, built-in actors to extend program capabilities.
What is rVARA and its use case
Users can deposit VARA on the StaFi Protocol without any limitations.
Users who deposit VARA on StaFi will receive an equivalent amount of rVARA (rToken StaFi equivalent) to the value they staked. rVARA is an rebase token. Subsequently, users can freely trade rVARA(rToken equivalent) or provide liquidity (LP) to earn additional yield.
Why choose rVARA
Vara has already established a connection with StaFi. Supporting rVARA and integrating LSaaS with Vara could provide several benefits, including official support from Vara, co-marketing opportunities, and expanded use cases for LSaaS. However, there are also limitations. Vara currently has limited market attention, raising concerns about whether it can achieve sufficient market exposure.