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What is the project about? rMATIC is a decentralized DeFi product produced by StaFi that solves the liquidity problem of staked MATIC on the Ethereum mainnet.
What makes your project unique? The rMATIC product can help MATIC stakers solve two major issues: - Users can transfer and trade rMATIC tokens at any time, eliminating the need to wait for 80 checkpoints (around 9 days) to withdraw the staked MATIC. This allows for increased liquidity and helps hedge price risks. - Users do not need to learn the complicated PoS consensus (based on Tendermint) mechanism or staking reward calculation rules to maximize staking rewards. With the rMATIC product, users only need to follow a few steps to deposit MATIC into the rMATIC contract, which will automatically select the best validator for delegation using a profit maximization strategy.
History of your project. StaFi has launched rETH, rMATIC, rSOL, rATOM, rBNB, and other solutions to address liquidity problems.
Whats next for your project? rMATIC will be listed on more DEX and CEX platforms, including swap pools and lending pools.
What can your token be used for? rMATIC can be swapped for MATIC on a DEX.
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