rATOM, a decentralized DeFi product produced by StaFi that solves the liquidity problem of staked ATOM on Cosmos mainnet.
rATOM token is a synthetic staking derivative issued by StaFi to users when they stake ATOM through StaFi rATOM product. rATOM tokens are anchored to the ATOM assets staked by users and the corresponding staking rewards. rATOM tokens can be transferred and traded at any time.
rATOM product can help ATOM stakers solve two major issues:
- There will be no need to wait for a 21-day redemption period to transfer or trade staked ATOM assets. rATOM product users can transfer and trade rATOM assets at any time to liberate liquidity and hedge price risks.
- There is no need to learn the complicated Tendermint consensus mechanism or staking reward calculation rules if you want to maximize staking rewards. With rATOM product, users only need to follow a few steps to deposit ATOM into the rATOM contract, which will automatically select the best validator for delegation by the profit maximization strategy.