Contract address(for Open Beta): 0x680ab46340aa2189515b49fd35ac8a5bd66e78de
Currently, only Metamask supports that.
Download the wallet from: https://metamask.io/download.html
After Staking ETH, StaFi will automatically send the equivalent of rETH (ERC 20 token) to the user, which anchors the Staked ETH as well as the corresponding staking income.
A guide for Stakers and validators in the testnet: https://docs.stafi.io/rproduct/reth-solution/reth-testing-guide#users
A guide for the (validator) community: https://t.co/MInv7DCdVD?amp=1
The calculation method can be found in rETH Solution: https://medium.com/stafi/stafi-reths-solution-to-the-slash-of-eth-ae44e3767fb0
The exchange rate of rETH will update every 8 hours.
An Original Validator refers to the ETH 2.0 validator who joined the StaFi ETH2.0 Staking Contract program.
An ETH2.0 node operator can become an OV through Onboard. The operator is required to register and make a deposit which is 4-16 ETH (now is 8ETH).
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 agreement platform that cooperates with StaFi, generating interests without losing Staking income.
The rETH contract has been internally tested, and we have launched a Bug Bounty campaign within the community. More importantly, the code has been handed over to CertiK, a well-known audit institution. When the audit is completed, we will optimize the code again.
rETH code base: https://github.com/stafiprotocol/stafi-node
When a user Stakes ETH, StaFi will automatically Mint the equivalent amount of rETH for the user, which is commission-free.
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 the rToken white paper:https://docs.stafi.io/stafi-whitepaper/rtoken-paper
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
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.