“The Best Alternative For Beginners Who Want To Earn Passive Income In Crypto Without Trading!”
In today’s crypto technology is growing rapidly, plus when Bitcoin and Ethereum make all the news media highlight them When the price goes up very high. And what is certain is that thanks to the hot news about crypto, newbies who have just entered crypto began to emerge.
It has been confirmed that new people are more dominant in trading because of what? Well, because the local TV news media only discusses trading, these new beginners will think about trading crypto. You can get a lot of results, even though you don’t, one little mistake can be stressful.
There are also those who want to follow crypto but can’t make time, because yeah, all they knew was trading!
So What’s The Solution For Those Of Us Who Don’t Have Much Time?
Can You Enjoy The Advantages Of Crypto Without Trading Which Is Suitable For Beginners?
No need to worry that crypto is wide, not just trading. But there is also a thing called staking, crypto is now growing.
And this year many crypto projects started to focus their technology on a staking system such as the StaFi Protocol which they make .
A new breakthrough and very good especially for beginners who want to try staking.
First we have to know what Staking is?
Here I will explain briefly according to what I know what is staking? Staking for me is easy, it’s like mining without software or like saving, an easy example is you have 1 ETH then Staking . Then the next day you get 0.001 ETH to 0.1 ETH depending on the staking system.
And you can withdraw the results, it’s easier than trading where you have to have a lot of time and think hard when to sell or buy? unless you are a true trader.
Staking is suitable for those of us who don’t have much time but want to make profits in crypto
So What Does StaFi Protocol have To Do With Staking?
StaFi Protocol is closely related to staking, because it stands for StaFi (short for Staking Finance) is the First DeFi Protocol Unlocking Liquidity of Staked Assets.
One Of The First Crypto Platforms to make a splash in the staking world. With their system called rToken based on DeFi.
How is it different from other platforms?
If you look at the goal, it’s the same as the others, the same as staking. But when it comes to systems and technology, there are a lot of differences.
The first is Unlocking Liquidity, the meaning of unlocking is where we can withdraw our staking capital at will without losing the staking results, in short, withdraw staking capital but staking continues, unlike the others, the staking capital is withdrawn, the staking also stops.
That’s why StaFi is arguably the First DeFi Protocol Unlocking Liquidity of Staked Assets
So What Is rToken?
rToken is short for Reward-Token. When users stake PoS tokens via StaFi, they will receive the same amount of rTokens in return. For example, if we have KSM and FIS, we stake them and we can get rKSM and rFIS, now with this rToken concept.
We can access liquidity at any time by trading rTokens directly. We also have the free right to claim our staking results, there is no limit and there is no minimum claim for staking results.
For example, staking 1 KSM can get 0.09 rKSM from staking results, you don’t have to wait to become 1 KSM first, then you can claim the staking result, 0.09 rKSM can be claimed, that’s the advantage of Staking in StaFi Protocol.
StaFi has also provided their APP where we stake various tokens there. The name is StaFi APP https://app.stafi.io/ there we can stake good tokens.
Like Polkadot (DOT), ATOM, Kusama (KSM), FIS, ETH, MATIC tokens that are quality and useful, so you don’t have to worry about staking a good token/coin.
In the StaFi APP, you can already staking, which is good
The good thing about StaFI is that they also have an rBridge System
rBridge allows us to exchange native coins to ERC20 and BSC20
Now, with rBridge, we can choose where to send the staking results, to the ETH or BSC network according to our needs and even better.
The withdrawal fee here uses FIS, so if you want to stake other than FIS, the fee is still FIS token
It’s not bad that you can save on shipping costs, see for yourself if the ETH fee can be stressful because the FEE gas is high.
Well, above is a solution that I think is right for those of you who want to make profits in crypto when you don’t have time to trade.
And this is a tutorial on how to stake it on the StaFi APP
Staking tutorial : https://docs.stafi.io/rtoken-app/rtoken-library/rtoken-tutarial-guide
Documentation : https://docs.stafi.io/
For more detailed information, you can follow their social media and join their community on telegram
Website : https://www.stafi.io/
APP : https://app.stafi.io/
Telegram : https://t.me/stafi_protocol
Twitter : https://twitter.com/StaFi_Protocol
Medium : https://stafi-protocol.medium.com/