StaFi Q1 2021 Plans in Launching and Integration of rTokens

Precious
2 min readJan 14, 2021

--

2021 kicked off a few weeks ago and there has been a lot of events pouring out in the cryptocurrency ecosystem. Stafi_Protocol being focused on the progress of its project has set out a roadmap for the first quarter of 2021. It would mainly lay focus on the launching of several rTokens like rDOT, rEOS, rKSM, and the integration of rToken into multiple ecosystems.

The Stafi_Protocol having gone through all quarters of 2020 made huge progress in accomplishing some of the listed paths in the Q1 2021Roadmap, but couldn’t launch the rFIS and rDOT as mentioned in the group. As I said, the Stafi_Protocol main focus is the launching and integration of rToken into the ecosystem, this will aid in the completion of reward tokens availability in all ecosystems (Polkadot, Cosmos, EOS, and others).

The Q1 Roadmap would follow in this order:

  1. rToken Development
  2. rBridge Development
  3. StakingDrop Development
  4. Integration of rTokens into multiple ecosystems

rToken Development

rTokens like rDOT, rKSM, rXTZ, rATOM would be developed during the Q1 2021 session. For development to go into progress, the development of staking derivatives is done for some token in view.

rBridge Development

The development of a rBridge would be developed so as to allow rTokens to integrate into different ecosystems. Stafi_Protocol is also looking at developing a lot of rTokens that are very compatible with the Ethereum Virtual Machine (EVM) on the rBridge.

StakingDrop Development

After the development of rTokens, it would be listed on centralized exchanges and decentralized exchanges bringing about the minting of large rTokens and dex liquidity, all being incentivized.

Integration of rTokens into multiple ecosystems

after developed rTokens are minted and listed, the rTokens would be integrated into multiple ecosystems.

A lot of partnership happened during the previous quarter and it has brought much interest in the development of staked derivatives and integration of rToken into the existing protocol.

In order for Stafi_Protocol to gain effective decentralization and maximum security on the launching and integration of rTokens, the StaFi team would recruit outstanding validators to the StaFi network

To get more insight on the StaFi Protocol whitepaper, Read more here: https://docs.stafi.io/stafi-whitepaper/

For More Information about StaFi Protocol:
Website: https://www.stafi.io/
Telegram Group: https://t.me/stafi_protocol
Twitter: https://twitter.com/Stafi_Protocol
Discord: https://discord.com/invite/jB77etn
Medium: https://medium.com/stafi

--

--

Precious
Precious

Written by Precious

Content Creator || Blockchain Ambassador || Public Speaker || Community Management. Reach out to me: ekerekepreciousimeh@gmail.com

No responses yet