StaFi Introduces Liquid Staking Service on Testnet, Prepares for StaFi 2.0 Upgrade

StaFi Introduces Liquid Staking Service on Testnet, Prepares for StaFi 2.0 Upgrade

By
Federico Rossi
1 min read

StaFi, a liquid staking derivatives platform, has successfully deployed Liquid Staking as a Service (LSAAS) testnet ahead of the mainnet launch of StaFi 2.0. This marks a significant milestone in StaFi's evolution, introducing a host of powerful new features to establish it as the primary infrastructure solution for EVM and Cosmos staking. The testnet supports liquid staking derivatives for leading blockchain ecosystems, including Ethereum and Cosmos. StaFi cofounder Liam Young emphasizes the importance of these developments in strengthening network security, decentralization, and yield generation in the blockchain space. The LSAAS framework promises to accelerate LSD development, facilitating the rapid deployment of highly secure and capital-efficient Liquid Staking Derivatives on both L1 and L2 blockchain networks. StaFi 2.0 will serve as an essential component in expanding LSD and bringing restaking to more L1 and L2 blockchains.

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