StaFi Protocol and Coinswap will work together to Introduce rATOM into Cosmos Ecosystem
StaFi and Coinswap will join hands together to make their networks and assets more fully compatible with each other. StaFi Protocol and Coinswap is going to work together to introduce the brand-new asset rATOM token, the staking derivative of ATOM, into Coinswap, and launch related co-incentive programs for the liquidity providers.
Coinswap is the cross-chain AMM DEX created by the core development team of IRISnet. Coinswap module is the first AMM module in the Cosmos ecosystem.
About the partnership
rTokens Traded on Coinswap
Coinswap will list StaFi’s rATOM tokens so that the Cosmos ecosystem users will be able to directly trade the staking derivative rATOM token, the brand-new interest-bearing assets, on Coinswap, the DEX of Cosmos cross-chain Ecosystem. And rIRIS tokens will also be considered in the next development plan and to be listed on Coinswap in the future.
About CoinSwap
Coinswap is built by the core development team of IRISnet. With cross-chain AMM as its core feature, Coinswap is dedicated to providing a vanguard innovation platform for DeFi applications in the Cosmos ecosystem. Coinswap has the ability to support multiple “coins” and cross-chain protocols, and also be combined with functions like NFT and oracle.
To know more about Coinswap
Twitter: @irisnetwork
Telegram Chat: https://t.me/irisnetwork
Telegram Announcements: https://t.me/irisnet_ann
Discord: https://discord.gg/bmhu9F9xbX
About StaFi Protocol
StaFi protocol is the first DeFi protocol unlocking liquidity of staked assets. Users can stake PoS tokens through StaFi and receive rTokens in return, which are available for trading, while still earning staking rewards. FIS is the native token on StaFi Chain. FIS is required to provide security to the network by staking, pay for transaction fees on the StaFi chain, and mint & redeem rTokens.
To know more about StaFi protocol
Website: www.stafi.io
Twitter:@Stafi_Protocol
Telegram Chat: https://t.me/stafi_protocol
Telegram Announcements: https://t.me/stafi_ann
Discord: https://discord.com/invite/jB77etn
