As a decentralized protocol committed to providing liquidity to staked assert and develop cross-chain bridge services that help the circulation of hundreds of rTokens in the Ethereum, Polkadot, and Cosmos ecosystems.
In the quest of providing safe, convenient, and reliable ETH2.0 staking service for the community, StaFi rETH mobile has been launched on imToken wallet to provide secure and trusted crypto asset management services to millions of users. At the same time, StaFi and imToken will jointly launch a StakingDrop campaign to encourage more ETH holders to participate in ETH2.0 Staking.
Starting from July 22, 2021, to August 20, 2021(UTC), users who stake ETH through the rETH mobile on imToken wallet will share the FIS token rewards pool worth $100,000 USDT, base on the amount of staked ETH by the user. The rewards will be distributed in the form of ERC20 FIS token.
The Significance of Releasing rETH on imToken
Compared with rETH App on PC, the integration on imToken will help more users to enjoy the safe and convenient ETH2.0 liquid staking service at any time and anywhere and greatly improves the usability of rETH App.
The rETH App is the first rToken App to be integrated into mobile wallets, which is a significant milestone for StaFi. And StaFi will also actively cooperate with more wallets to provide convenient liquid staking services for more users and improve the liquidity of rTokens in the future.
About Stakingdrop campaign
The StakingDrop campaign will last for 30 days (July 22, 2021 (UTC) - August 20, 2021 (UTC), and the total FIS reward pool is $100,000 USDT. ETH holders can stake ETH through StaFi rETH App on imToken wallet to get rETH token, which is the staking voucher token and could be traded against ETH on Curve and Uniswap. When users successfully stake the ETH on rETH App, they will also get an airdrop of FIS rewards.
•Day 1- Day 5:
4:00 PM, July 22 (UTC) - 4:00 PM, July 27 (UTC), 10FIS per staked ETH
•Day 6 - Day 20:
4:00 AM, July 27 (UTC) - 4:00 PM, August 10 (UTC), 7FIS per staked ETH
•Day 21- Day 30:
4:00 PM, August 11 (UTC) - 4:00 PM, August 20 (UTC), 4FIS per staked ETH
Claiming Rewards
•The rewards will be claimable at 2 AM (UTC) every day.
•The FIS is ERC20 format. Users can add the FIS ERC20 contract address in the imToken wallet and view it.
ERC20 FIS contract address: 0xef3a930e1ffffacd2fc13434ac81bd278b0ecc8d
Double Reward Campaign
In addition to the StakingDrop campaign, StaFi also set the reward pools for the campaign on Twitter. Users who stake ETH through imToken wallet can also get more FIS rewards by forwarding the posters on Twitter.
Note:
If the staked ETH amount on a certain day is less than the average amount of the staked ETH for the last three days, the prize pool will not accumulate.
The rewards pool will be accumulated from the Day 6 of the StakingDrop.
The Distribution Time
How to Get Rewards Effectively
On every Wednesday, we will post the Double Reward Campaign on StaFi’s Twitter account. Users who meet all the following three conditions will have the opportunity to share the rewards equally:
Stake ETH via rETH Ap on imToken
Paste the staked ETH address, @ three friends and forward the poster
Top 100 users will be selected
Note:
The ERC20 FIS will be sent to your staked ETH address.
Thanks for reading
@Paulolawalee
Reference
1.StaFi rETH Solution: https://docs.stafi.io/rproduct/reth-solution
- The Staking Guide on imToken: https://docs.stafi.io/rproduct/reth-solution/staker-guide/the-guide-on-imtoken
About StaFi Protocol
StaFi is the first DeFi protocol unlocking liquidity of staked assets. Users can stake PoS tokens through StaFi and receive rtokens in return, which are available for trading, while still earning staking rewards. rToken is a synthetic staking derivative issued by StaFi to users when users stake PoS tokens through StaFi rToken App (https://app.stafi.io). rTokens are anchored to the PoS tokens staked by users and the corresponding staking rewards. rTokens can be transferred and traded at any time.
Website: www.stafi.io
rToken App: https://app.stafi.io
Twitter: @Stafi_Protocol
Telegram Chat: https://t.me/stafi_protocol
Telegram Announcements: https://t.me/stafi_ann
Discord: https://discord.com/invite/jB77etn
Forum: https://commonwealth.im/stafi