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URL: https://app.strx.finance/
Submission: On October 18 via api from JP — Scanned from NL

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By staking TRX, you can earn compounded rewards that will increase with the
price of your SFI tokens.

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STRX STATISTICS

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Annual Percentage Rate (Today)
8.68%
Annual Percentage Rate (All Time)
47.6%
Total Staked
100,250.015 TRX
Current Supply
74,349.631 SFI
Unique Stakers
88 Users


FAQ

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WHAT IS STRX.FINANCE?

STRX Finance is a decentralized protocol built on the TRON blockchain that
allows users to earn a yield on their TRX token by staking it in a pool and
earning more TRX tokens.


WHAT IS SFI?

SFI is the Staked TRON token by STRX FINANCE, a TRC-20 token that is issued to
users in proportion to the amount of TRX they have staked in the protocol. SFI
is fully backed by the reserves of TRX in the Staking Pool contract.


HOW DOES STRX.FINANCE WORK?

When users stake their TRX on STRX FINANCE, they receive SFI tokens in return.
The value of the SFI token is tied to the amount of TRX in the staking pool, so
as the TRX increases in the pool, the price of SFI increases as well.
STRX.FINANCE uses the staked TRX to freeze the tokens, rent out bandwidth and
energy, and vote for TRON Super Representatives (SRs). The rental and voting
income generated by these activities is then distributed to the staking pool,
which in turn increases the exchange rate of SFI and rewards SFI token holders.


IS THERE A FEE FOR THE SERVICE PROVIDED BY STRX.FINANCE?

Yes, The fees of 10% from rewards only, is intended to assist with the long-term
expansion of the STRX ecosystem through development activities such as
hackathons, awards, bug bounties, and so on.


HOW LONG DOES IT TAKE FOR TRX TO UNSTAKE?

It takes 14 days for TRX to unstake. Fourteen days following the unstaking
transaction, users can claim their TRX from the STRX protocol.


WHAT IS THE VALUE OF MY 1 SFI?

The value of 1 SFI grows over time as it earns staking incentives and rental
income. This is because the STRX Protocol follows a Justlend (or Compound) Token
model, with its value changing based on the quantity of underlying TRX. Users
who stake/unstake on the STRX.FINANCE protocol are charged the current exchange
rate, which is displayed on the app's user interface.


WHAT IS THE DIFFERENCE BETWEEN SELF STAKING AND LIQUID STAKING?

Self staking refers to the process of a user holding and staking their own
cryptocurrency in a blockchain network. This allows the user to participate in
the network's consensus mechanism and potentially earn rewards for validating
transactions.
Liquid staking, on the other hand, refers to the process of delegating one's
stake to a third party, who is responsible for validating transactions on the
network on behalf of the delegator. This can be attractive for individuals who
do not want to actively manage their own staked assets, or who do not have the
necessary resources to run a node.
STRx Finance is a decentralized finance (DeFi) platform that not only allows
users to stake their assets, but also rents out the energy and bandwidth
required for staking to generate additional income with zero risk. This means
that users can earn rewards for staking their assets, as well as for renting out
their resources to other users.


HOW SFI CAN BE CONVERTED TO TRX?

There are a few ways to convert SFI to TRX.
One way is to unstake SFI and receive TRX in return. This can be done through
the STRX Finance platform by unstaking your staked SFI and receiving an
equivalent amount of TRX.
Another way is to sell SFI on an exchange that supports trading in both SFI and
TRX. For example, you could sell SFI on Sunswap or Just.Money and receive TRX in
return.
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