StaFi reduces commission fee for pledge derivative products
It is reported that the liquid pledge derivative agreement StaFi has reduced the commission fee of its pledge derivative products from 19% to 10% to improve th…
It is reported that the liquid pledge derivative agreement StaFi has reduced the commission fee of its pledge derivative products from 19% to 10% to improve the product utilization rate. Of the 10% commission, 5% will be allocated to the verifier, and the other 5% will be allocated to StaFi DAO Treasury. The distribution of the remaining 90% of Ethereum rewards will be determined by evaluating the ratio of the verifier’s capital investment to the user’s capital investment.
LSD agreement StaFi reduced the commission fee of its pledge derivatives from 19% to 10%
Interpretation of the news:
StaFi, a liquid pledge derivative agreement, has made a significant announcement that they will reduce the commission fee for its pledge derivative products from 19% to 10%. The objective behind this move is to improve the product utilization rate. Of the 10% commission, 5% will be allocated to the verifier, and the other 5% will be allocated to StaFi DAO Treasury. The remaining 90% of Ethereum rewards will be distributed based on the ratio of the verifier’s capital investment to the user’s capital investment.
This announcement indicates that StaFi is proactively trying to increase the demand for its pledge derivative products. By reducing the commission fee, it is likely to attract more users to participate in the platform, which will ultimately lead to a higher utilization rate. This move is also expected to improve the revenue of StaFi DAO Treasury, which can be used for future development and expansion of the platform.
The allocation of the commission fee is also significant for StaFi as it aims to create a more transparent and fair system. The verifier will receive 5% of the commission, which encourages them to perform their job more diligently. This move is expected to attract more verifiers to the platform, which will ensure the stability and sustainability of the system. The allocation of the remaining 5% to the StaFi DAO Treasury will provide a source of funds that will be used for the platform’s operations and development.
Moreover, with the distribution of the remaining 90% of Ethereum rewards based on the ratio of the verifier’s capital investment to the user’s capital investment, StaFi is establishing a fair and just system. This move will encourage users to invest more in the platform, which will lead to higher capital investments, thus increasing the rewards. Furthermore, it will ensure that the verifiers are rewarded for their contribution to the platform.
In conclusion, StaFi has made a bold move by reducing the commission fee for its pledge derivative products. This move is expected to increase the utilization rate, attract more users and verifiers to the platform, and ensure a more transparent and fair system for all stakeholders.
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