Stafi (FIS)
1. Fundamental Analysis
1.1 Introduce
StaFi protocol is a decentralized protocol unlocking liquidity of Staked assets.StaFi aims to solve the contradiction between Mainnet security and token liquidity in PoS consensus. The token holders are staking through staking contracts built in StaFi protocol, and then get alternative tokens(rToken ,such as rXTZ, rAtom, rDot, etc.), rTokens are tradable and it can get staking rewards from original chain at the same time.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | FIS | Market Cap | 70385144.7 |
| Name | Stafi | White Paper | -- |
| Web Site | https://www.stafi.io | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://stafi.subscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 149972064.5132839 | |
| Supply | 149972064.5132839 | Release Date | 2020-09-11 |
| Available Supply | 149979000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Concentration of trading activity shifts to the lower half of the price range, with frequent price reversals around the mid-point of the range. Volume spikes on the 27th, 29th, and 30th of December, indicating strong sentiment shifts. There is a possible trend reversal from mid-December onwards, marked by a gradual downward trend in the close prices. The range of price action has become narrower, suggesting a period of consolidation or indecision in the market.
