app.strx.finance
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https://app.strx.finance/
Submission: On October 18 via api from JP — Scanned from NL
Submission: On October 18 via api from JP — Scanned from NL
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Loading... CONNECT Light Dark System Light Dark System WALLET Tronlink Connect Wallet PRESENTATION Presentation Audit Report Analytics SWAP / EXCHANGE Sun Swap Just Money ENERGY PARTNERS E Market TronEnergy Market EXTERNAL LINKS Coin Market Cap Coingecko DefiLlama Magic Store * Stake * Unstake By staking TRX, you can earn compounded rewards that will increase with the price of your SFI tokens. Connect Your Wallet Connecting... STRX STATISTICS More 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 More 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. * Documentation * Twitter * Telegram * Medium × TronLink not found Please use tronlink to connect your wallet. Click here to download.