All quotes are firm for their displayed duration and are inclusive of our fees and spread. Learn more about Uphold’s fees and spread.
Quotes are temporary and non-executable. You must sign in to your Uphold account to execute a quote and start trading. The current price display refers to the median retail transaction size up to 5,000 Euros. It's important to clarify that prices may vary for very small or very large orders. Update the pricing information to accurately reflect this variance.
Like most trading venues, our price charts display current mid-market rates. When you trade, you receive the current bid or ask price, depending on whether you are buying or selling. The difference between the mid-market rate and the bid or ask price is the spread, which is a normal feature of how exchange order books work.
Digital currencies are high risk. Do not invest money you cannot afford to lose. Please consider whether trading crypto is appropriate for your individual circumstances before investing.
What is StaFi?
StaFi (short for ‘Staking Finance’) is a cross-chain, liquid staking derivatives platform for all Proof-of Stake (PoS) chains. The project was founded by Young Liam, Tore Zhang & DaJun in 2018.
Staking usually involves locking up a portion of your assets for a fixed amount of time. StaFi was designed to address this particular liquidity issue.
How so?
Users can stake Proof-of-Stake network tokens on StaFi, and gain rewards in the form of 'rTokens’. ‘rTokens’ represents a liquid version of the staked asset, which can be used across the DeFi ecosystem. For instance, if a user stakes XTZ, they will be allocated rXTZ tokens.
The platform’s utility token, FIS, was first sold publicly in September 2020 via IEO (Initial Exchange Offering) on AscendEx.
To read about the project in more detail, check out StaFi’s whitepaper.
StaFi - in their own words
StaFi describes itself as ‘the first decentralized protocol unlocking liquidity of Staked assets’.
In their whitepaper, the StaFi team states their mission to solve ‘liquidity issues in Staking Finance’.
FIS token utility
FIS is the network’s utility token. It is used to cover transaction costs, mint and redeem rTokens, participate in governance, and secure and validate the network through staking.
Similar Assets
Trust in transparency
The transparency you need - gain insights into fees, have your questions answered and feel secure with our lawful dedication.Â
Navigate seamlessly with our detailed answers to frequently asked questions.
With reserves exceeding 100%, your funds are ready for withdrawal anytime.
Transparent service fees.
We are seriously dedicated to compliance and transparency.
Instant support, assistance and answers to your questions.