![Stratis]()
Stratis is excited to announce that liquid staking on the Stratis blockchain is now available in beta on the Auroria Testnet, powered by the StaFi protocol. This milestone marks an important step in Stratis’s effort to offer flexible and innovative staking solutions to its community. The platform invites you to join the beta phase, test its features, and share valuable feedback before the mainnet launch.
Participate in the Beta on Auroria Testnet
Your participation is essential in refining the liquid staking solution. By joining the beta testing phase, you will:
- Experience Liquid Staking: Get early access to the liquid staking features and see how they benefit you.
- Provide Feedback: Help improve the solution by sharing your experiences and identifying potential issues.
- Contribute to the Ecosystem: Play an active role in shaping the future of staking on the Stratis network.
The Advantages of Liquid Staking
Staking is a key component of blockchain ecosystems, ensuring network security and offering rewards to participants. Traditional staking, on the other hand, frequently requires locking assets for a predetermined length of time, limiting flexibility and fund access.
Liquid staking solves this problem by maintaining liquidity while you stake your assets. With Stratis’s liquid staking:
- Increased Liquidity: Stake STRAX tokens and receive rSTRAX, a representative token that mirrors your staked assets and rewards.
- Maximized Yield: Earn staking rewards without losing the ability to manage your assets and explore other investment opportunities.
How to Get Started
- Obtain Test Tokens: Visit the faucet at Auroria Faucet https://auroria.faucet.stratisevm.com to acquire test STRAX tokens
- Stake Your Test STRAX: Go to Liquid Staking Protocol https://auroria.stafi.stratisevm.com/STRAX/ to stake your tokens.
- Receive rSTRAX Tokens: After staking, you’ll receive test rSTRAX tokens, representing your staked assets and rewards.
- Explore and Test: Use the testnet environment to experiment with liquid staking features and trading rSTRAX tokens.
- Provide Feedback: Share your experiences and any issues with the development team via official channels.
Create a Pool on the Testnet DEX
Create liquidity pools on StraxSwap, the Auroria Testnet DEX, with Stratis.
- Boost rSTRAX Liquidity: Help facilitate the trading of rSTRAX tokens on the testnet DEX.
- Test DeFi Features: Explore decentralized exchange functionalities, liquidity provision, and token swaps.
- Support Ecosystem Growth: Your participation aids in improving the DEX and prepares for a smoother mainnet launch.
You can interact with StraxSwap here: https://auroria.straxswap.com
Why Choose StaFi Protocol?
StaFi (Staking Finance) is a major decentralized protocol that focuses on increasing the liquidity of staked assets. By integrating StaFi’s liquid staking solution, Stratis ensures a secure, efficient, and user-friendly platform for users. StaFi’s rToken model also allows for seamless interaction with DeFi ecosystems, extending the utility of staked assets.
Stratis’s Ongoing Commitment to Development
The launch of liquid staking on the Auroria Testnet is just the beginning. Stratis is committed to continuously enhancing its blockchain and expanding its ecosystem. Future developments include:
- Masternode Integration: Plans are in place to incorporate masternodes into the liquid staking framework, adding more functionality, such as transaction validation, governance, and privacy.
- Ecosystem Growth: Stratis is exploring new partnerships and innovations to enhance the ecosystem and provide more tools for users.
- Community Engagement: Stratis values feedback and is dedicated to ensuring that its developments align with the community’s needs and expectations.
Looking Forward to the Mainnet Launch
Testing on the Auroria Testnet is a critical step toward the mainnet launch. Your involvement ensures a successful rollout of liquid staking on the Stratis mainnet. Stratis is focused on delivering a secure, efficient, and user-friendly staking experience, and your feedback is essential to achieving this goal.
Reference: https://www.stratisplatform.com/2024/12/04/liquid-staking-beta/