StaFiHub is an innovative parallel chain that has been created by StaFi, utilizing the powerful Cosmos SDK. StaFiHub is quickly becoming a leading liquid staking solution in the Cosmos Ecosystem. Its cutting-edge technology is designed to provide users with a seamless and user-friendly experience, helping to promote wider adoption and greater accessibility in the world of digital currencies. It offers several key features:
- StaFiHub’s chain function is developed based on the Cosmos SDK, similar to Osmosis Chain and Sifchain. However, the validator system is not open at launch and is nominated by the StaFi Foundation.
- StaFiHub is an application chain that serves Cosmos Eco Staking Derivatives.
- StaFiHub supports the IBC cross-chain protocol, allowing token assets from the Cosmos ecosystem to be cross-chained to StaFiHub through the IBC protocol. Additionally, rToken assets on StaFiHub can circulate in the Cosmos ecosystem through the IBC protocol.
- Cosmos ECO tokens can directly mint out StaFiHub-based staking derivatives using the Keplr wallet and the corresponding PoS Token.
- The StaFi team is building a cross-chain bridge between StaFi Chain and StaFiHub to support the exchange of rTokens between the two chains.
- General Liquid Staking Solutions for Cosmos SDK Projects are open to the community to encourage the Cosmos ECO community to develop staking derivatives. Based on StaFiHub, the circulation process of Cosmos Eco’s rToken in “Mint-Trade-Redeem” is greatly improved.
The benefits of StaFiHub include expanding the Cosmos Eco ecosystem in a more friendly and cost-effective manner, providing Liquid Staking Solutions to all Cosmos ecosystems efficiently, and promoting adoption with a more user-friendly experience for Cosmos ecological users. StaFiHub also enriches the ecosystem of StaFi’s rToken.
In addition to building StaFiHub to serve the Staking Derivatives of Cosmos ECO, StaFi plans to build a Polkadot Parachain to serve the Staking Derivatives of Polkadot ECO. Both StaFiHub and StaFiParachain are parallel chains of StaFi Chain, and assets circulate freely among them through a cross-chain bridge. The future StaFi rToken Protocol Stack includes StaFiHub, StaFiParachain, and StaFi Chain.
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