FAQ

1.What's the contract address of rETH?

Contract address: 0x9559aaa82d9649c7a7b220e7c461d2e74c9a3593

2.Which wallet support the staking of ETH by connecting StaFi?

Currently, only Metamask supports that.

Click here to download Matemask extension.

3.How to obtain rETH?

After staking ETH, StaFi will automatically send the rETH (ERC 20 token) to users, which anchor the staked ETH as well as the corresponding staking income.The amount of rETH will be calculated based on exchange rate and staked ETH.

4.How to stake ETH?

A guide for the stakers:Staker Guide

A guide for the Original Validators:Original Validator Guide

5.How to calculate the exchange rate of rETH?

The calculation method can be found in rETH Solution.

The exchange rate of rETH will be updated every 8 hours.

6. What is an Original Validator(OV)? How to become an OV?

In rETH, Original Validators specifically refer to Ethereum 2.0 validators who have joined the StaFi rETH OV program and run nodes for the funds in rETH staking pool.

7. What are the circulation scenarios of rETH in the future?

1) StaFi will establish rETH/ETH pair on DEX such as Uniswap and Balancer, and will issue FIS rewards to the liquidity providers.

2) StaFi has reached cooperation with several centralized exchanges that support inner circulation.

3) rETH will be also integrated into the DeFi protocols of Polkadot and Cosmos through rBridge, the cross-chain service provided by StaFi.

4) rETH can also be deposited or lent out on the loan protocol platform that cooperates with StaFi, generating interests without losing staking income.

8. Has rETH been audited in terms of security?

Yes, rETH has passed the security audit conducted by top blockchain security team PeckShield.

Please check the rETH coe base and the security audit report.

When a user stakes ETH, StaFi will automatically mint rETH for the user, which is commission-free.The amount of rETH will be calculated based on exchange rate and staked ETH

When the staking succeeds, the validator will charge 10% of the staking rewards as a commission.

When a user redeems ETH, the initial redemption fee is 0.2% of the redeemed ETH,. The detailed calculation method can be found in rToken white paper.

10.StaFi's solution to Slash of Ethereum?

In the beta version, we require any validator to pay 8ETH as a deposit. When Slash occurs, the deduction will be made from the deposit pool to protect users' assets.

For details please read:https://medium.com/stafi/stafi-reths-solution-to-the-slash-of-eth-ae44e3767fb0

11. When will the redemption function be accessible?

Since ETH2.0 will not support transfer and redemption until Phase 2 goes live, the redemption of rTokens will follow that timeline. We will tag along with ETH 2.0 and support the function in time.

12.What are the differences between StaFi rProduct and other ETH 2.0 liquid staking solutions such as Lido, Ankr, Rocket Pool?

We deeply studied the current liquidity solutions of ETH2.0 in the market and made the following chart for your reference.