StaFi Protocol is a multi-chain Staking Derivatives Protocol that encompasses two modules: StaFi Chain and StaFiHub. Both are independent chains with their own consensus, but each has its own unique functions. StaFi Chain is based on the Substrate framework and is oriented towards being integrated on all PoS consensus chains. StaFiHub, is custom-built with Cosmos SDK project chains in mind, and is being developed based on the Cosmos SDK framework.
$FIS is the native token of StaFi Protocol and the native token of StaFiHub. Its main function is staking, preventing system abuse, on-chain governance and value capture.
If you want to stake your $FIS with Forbole and earn some staking rewards, here is a detailed guide to walk you through the process:
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Login to your Keplr wallet and visit https://ping.pub/.
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Select STAFIHUB on ping.pub.
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Click on [Wallet] in the top right-hand corner, then select [Connect Wallet].
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Click [Next], and connect with Keplr.
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Enter your Account Name; STAFIHUB is automatically selected, then click [Next].
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Your StaFiHub wallet address will appear. Click [Save].
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Your account has been successfully saved.
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On the [Staking] page, select Forbole as your validator from the list of available validators. Click [Delegate].
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Input the number of tokens you wish to delegate and click [Send] to complete the delegation.
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