In the past month, the core engineers of StaFi have pulled many all-nighters to complete the development of rBridge. A cross-chain bridge on Ethereum, rBridge will act as a channel linking StaFi mainnet assets and Ethereum chains. Users can exchange FIS for ERC 20 FIS at a 1:1 rate by using rBridge. Thereafter, they will be able to access transactions, lending and other applications of the DeFi world of Ethereum.
What is the use of rBridge? It can enable FIS tokens to be traded on Uniswap. This is, of course, just one of its many applications. rBridge will help with the cross-chain inter-operation between assets on the StaFi mainnet and other ecosystems, including Ethereum, Polkadot, and Cosmos. Therefore, we will keep updating rBridge products in the future, so that FIS tokens and rToken assets issued by SatFi can freely circulate across different public chains at a low cost.