What is STaFi?
Not many may know that STaFi comes from Staking Finance, but for sure everyone knows that it was the first DeFi Protocol unlocking liquidity of staked assets.
Basically, you can stake PoS tokens through STaFi and you receive back rTokens in return. These are available for trading while still earning staking rewards.
Also, in order to receive staking rewards, you can nominate your STaFi tokens to a professional validator such as stake2earn. We, at stake2earn, managed so far to have 153,361.4133980732 FIS nominated.
How to nominate your STaFi with stake2earn?
1.Select Staking on the upper menu’s Network submenu, then select Nominator on Account actions.
2. Selec t Stash Account and Controller account on setup nominator pop up page, then fill in Bond amount, and click Next.
3. You will need to search for stake2earn, click on it and will show up in the Nominated accounts list. Now you can click Bond & Nominate.
4. Confirm the transaction fee, fill in password, then click Sign and Submit to submit info.
All is now set to stake, so.. Good luck at staking! 🌜