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December was a very exciting and progressive month for StaFi Protocol as we entered a new chapter in the year 2021 and made significant progress so far . StaFi Protocol being the year
with the biggest announcement being the release of the roadmap Q1, 2021.

In addition, read on to learn more about the recent updates on StaFi technical Updates, partnerships and AMA.


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Introduction

Stafi Protocol (abbreviation for staking finance) is the first decentralized protocol built on Polkadot to provide liquidity of your staking assets. StaFi is a polkadot parachain. Simply put, with Stafi, you use staking contracts to make your staked assets liquid and tradeable.

rToken; your reward token is a hedge against volatility of the market while you earn your staking rewards in a specific token. With Stafi, you don’t have to bother about varied quantities of rewards due to market volatility. …


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In recent weeks, the Cartesi team have been working actively to prepare the Proof of Stake for the Mainnet release later this year. So far so good, the staking progress include: the initial phase of auditing of our staking contracts, ongoing tests on Goerli with cloud node instances and Preparation of installers.

Görli Testnet is the first proof-of-authority cross-client testnet, synching Parity Ethereum, Geth, Nethermind, Hyperledger Besu (formerly Pantheon), and EthereumJS. This testnet is a community-based project, completely open-source, naturally.

What is a Proof of Stake?

Staking in cryptocurrency means to hold assets in order to verify transaction and support a network, by doing this, you’d receive a reward which might be in the form of coins that might increase in value. …


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Decentralized platforms and blockchain technology are evolving at a fast rate, NFTs are one of the many fast-paced changes in the industry.

Non-fungible tokens (NFTs) also known as nifty are crypto tokens with properties that make it impossible to interchange similar tokens with it. Simply put, a Non Fungible Token is a unique asset, a digital version of a real-world asset. For example, Bitcoin is a fungible token, if you send bitcoin to someone, the person can send bitcoin back to you, and it’s still the same bitcoin. …


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The cryptocurrency world makes life easier, we both can agree to that. It keeps developing and innovating smart contracts that help in our daily lives. Just as P.Thiel said, “Innovation is only that good as in its ability to improve the daily lives of people”.

Blockchain Technology is mainly created to better our financial system through transparency, convenience, and ease of affairs relating to finances in our daily lives is growing so much lately as it grows, more people are discovering its usefulness and won’t cease to grab the opportunity.

It makes perfect sense that with the Internet of Money, you are able to buy products and services on the Internet. In fact, in a Western developed country like Italy Bitcoin is payment method number 3 as this study reveals! It is only surpassed by Paypal and the Italian prepaid card service PostePay. …


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In our society today where the world is becoming technologically advanced, innovations like brexily helps solidify our hope for a future made easy by enabling its users with the power to harness the full potentials of cryptocurrency and use it effortlessly.

Brexily is an online platform, targeted at mass adopters, it is a one-stop online marketplace for earning, saving, spending, and managing bitcoin.

Brexily utilizes the power of cryptocurrency to create alternative solutions to financial fundament, digital payments, and E-commerce. It is a simple, safe, and secure platform that provides alternative solutions to payments through the use of Bitcoin.

The cryptocurrency market has been growing rapidly in the past years and the continuous growth is quite evident in our world today, hence why we need a platform like brexily to breach the gap between exchangers from all works of life. …


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Blockchain technology is a revolutionary technology that will change the gaming industry in so many ways. Currently, blockchain technology is providing solutions in diverse industries like finance, healthcare, supply chain, etc.

Over decades and centuries, people have collected things and some exchanged them for money. These things could include rare items, arts, painting, etc., things that you can hold physically. However, you can own rare digital items in the virtual world and earn lots of money with it. This is where blockchain gaming comes in. …


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One of the most interesting projects to have come out is Cardano. Similar to Ethereum, Cardano is a smart contract platform however, Cardano offers scalability and security through a layered architecture. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies.

ADA cryptocurrency lets users run smart contracts and decentralized applications on Cardano, a blockchain platform founded by Charles Hoskinson, co-founder of Ethereum. What sets Cardano apart is its focus on strict academic research to ensure the development of a secure, fast, and scalable blockchain.

Ultimately Cardano hopes to become the preeminent Proof of Stake, smart contract platform. Speed, scalability, reliability, the IOHK Foundation (the organization behind Cardano) believes that they can accomplish it all. Recently, Charles Hoskinson has talked about huge plans and the future for Cardano. …


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Good management they say, is efficiency in climbing the ladder of success, above all a practice where art, science, and craft meet. In this same spirit, the Cardano Foundation with the insight and mission of advancing and promoting itself has adjusted the Management Team of the foundation.

The decentralized public blockchain platform has recently announced appointments at two senior-level posts. Fredrick Gregaard was appointed the new Chief Executive Officer (CEO) alongside Eva Oberholzer as the new Head of Growth. These appointments were made on the 21st of September, 2020 and were made to increase the adoption of the company.

Moreover, this is a great step up and a new phase of growth for Cardano. The foundation is transitioning into its fourth phase of development and we are here for it. As it was announced, both additions will usher in smart contracts, greater adoption, decentralized applications, and focus on co-creation alongside enterprises. …

About

SAMUEL CHIDI

Blockchain Enthusiast . Cartesi Ambassador . StaFi Ambassador . $CTSI $FIS . Graphic Designer || Content Creator || Biochemist

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