imtokenStaFi’s rETH supported on imToken Mobile Wallet

We all know that StaFi protocol is pushing the narrative for liquid staking and they are making lots of integrations with crypto projects in a bid to get the staked representatives of their tokens and help users do more with their staked assets. It was a good feeling seeing the representative token of ETH(on the StaFi platform) on imToken wallet, a self-custodial crypto wallet that supports Bitcoin, Ethereum, ERC20, DOT, KSM, XTZ, BCH, EOS, TRX, LTC, ATOM, CKB and FIL among others. With imToken, you have a platform that is providing secure and trusted digital asset management services to millions of users in more than 150 countries and regions around the world.

It’s therefore great to see that this staked representative of ETH, rETH, is supported on the imToken wallet for further uses in the DeFi space. With rETH, you need not bother about withdrawing your ETH as a result of the ETH 2.0 merge because you can easily swap from rETH to ETH with minimal fuss.

You might be wondering how you can use this. It’s quite simple. Just follow the step by step guide on how to use your rETH on imToken after receiving from the StaFi protocol.

  • Open your imToken mobile wallet app. Find your way to the DApp browser and search for rETH in the search box.
  • Click and proceed to the page that follows.
  • Put the amount of ETH you want to stake and then click “Stake”. You’d be able to see the APR and the amount of rETH you’d receive.
  • Confirm the transaction and click “Next” at the bottom of the page.
  • You’d then see the dashboard that would show you the figures about your staking. This includes the amount of rETH, APR and also the rewards trickling in.
  • You might want to exchange your rETH for ETH. Simply do that by pressing “Exchange to curve” at the bottom of the page so as to exchange your rETH on Curve.
  • You can then go back to the dashboard to see your claimable rewards after a while. The rewards would come in FIS (the native token of StaFi Protocol).

With this, there’s no doubt that it is an easy process and one you’d want to do. Put your assets to good use on StaFi protocol and enjoy the benefits of liquid staking.

StaFi StakingDrop Campaign for imToken Integration

There’s a StakingDrop campaign running from July 22, 2021 to August 20, 2021(UTC). Lots of rewards for those who participate. The rules of the StakingDrop can be found here. https://stafi-protocol.medium.com/stafi-reth-mobile-integrated-into-imtoken-stake-eth-to-win-100-000-usdt-stakingdrop-c80f8d48c26b.

Contact

StaFi website: https://stafi.io

StaFi Twitter: https://twitter.com/stafi_protocol

imToken Website: https://token.im

imToken Twitter: https://twitter.com/imtokenofficial

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