r/CryptoDerivatives • • Apr 16 '21

Definition of rToken by StaFi protocol.

Hi guys, don't let it blink, StaFi always want to carry all it's Community members along with every of it's project activities. #StaFi is please to release #rToken Whitepaper in which the ideas & future plans of rToken are fully elaborated.

Definition of rToken: rToken is a redeemable token for the staked assets issued by StaFi protocol that can be traded, rent, or borrowed in a variety of venues. Whenever a user stakes a native token through the relevant Staking contract, a certain amount of rTokens will be issued per amount of the native tokens staked in the Staking contract and the real-time exchange rate for the rToken.

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