Ethereum

Cosmos

StaFi

<p>StaFi is a pioneer in liquid staking protocols across multiple Proof-of-Stake (PoS) chains. It has made waves in the blockchain industry with the announcement of its Liquid Staking as a Service (LSAAS) testnet for StaFi 2.0. This marks a significant milestone in the evolution of liquid staking technology. It offers a glimpse into the future of blockchain infrastructure.</p><h2 id="header-0">StaFi 2.0 Aims to Unify Fragmented Liquid Staking Landscape Across Blockchain Ecosystems</h2><p>StaFi will become the best infrastructure solution for staking across Ethereum, EVM layer2s, and Cosmos with its powerful new features. StaFi 2.0 provides a single protocol for liquid staking derivatives (LSD) to work in different blockchain ecosystems to unify the industry.</p><p>The CosWasm LSD framework is compatible with Cosmos’ Neutron smart contract platform. It supports multiple deployment methods. It is a significant enhancement in StaFi 2.0, which now also offers native Cosmos chain deployment, making it more useful in Cosmos.</p><p>The launch of the StaFi 2.0 testnet excited StaFi co-founder Liam Young, who said it could change blockchain development. He stressed the importance of liquid staking for network security, decentralization, and profit. Young believes StaFi 2.0 will help Liquid Staking as a Service succeed. It will enable new blockchain applications and use cases.</p><p>Different blockchain ecosystems have different protocols and derivatives, making liquid staking very fragmented. StaFi 2.0 provides a single protocol for liquid staking derivatives across many blockchain ecosystems. A unified approach should boost business and encourage blockchain safety.</p><h2 id="header-1">StaFi Accelerates Liquid Staking Derivatives Deployment with LSAAS Framework</h2><p>Using liquid staking derivatives on layer1 and layer2 blockchains will be faster with StaFi’s LSAAS framework. Developers can test LSD products and Liquid Staking as a Service by starting the StaFi 2.0 testnet.</p><p>With its new name, <a href="https://www.stafi.io/" rel="noopener noreferrer nofollow">StaFi</a> wants to be a key liquid staking infrastructure player. It supports Ethereum Virtual Machine (EVM) and WebAssembly, among others. StaFi remains committed to supporting the growing liquid staking market and restaking layer 1 and layer 2 blockchains with this strategy change.</p><p>The StaFi 2.0 testnet advances liquid staking technology. Builders and developers can learn about StaFi’s main LSAAS features and improve the protocol at these events. StaFi 2.0’s mainnet launch in Q3 will solidify the company’s liquid staking leadership.</p><p>Ultimately, the StaFi 2.0 testnet advances liquid staking technology and previews blockchain infrastructure. New features and a unified approach in StaFi 2.0 could change liquid staking derivative development and use.</p>

StaFi Launches LSAAS Testnet for StaFi 2.0, Pioneering Liquid Staking Technology

Table of Contents

BlockchainReporter

Other articles published on Mar 25, 2024

Fezoo presale enters stage one, Ethereum, Solana holders participate

Ripple Takes Next Step in Legal Battle with SEC

GT Protocol Joins ChainGPT's $1,000,000 Grant Program as Awardee

Bitcoin To $50,000 Or $80,000? Crypto Expert Predicts Where Price Is Headed Next

Polygon zkEVM Suffered a 10 Hours Outage

TrueFi introduces dollar-based TRI token for real-world asset trading

Join our free newsletter for daily crypto updates!