Summary
TLDR: StaFi will launch its Liquid Staking as a Service (LSAAS) testnet ahead of rebrand and mainnet launch of StaFi 2.0, supporting liquid staking derivatives (LSDs) from Ethereum, EVM layer-2s, and Cosmos. The protocol aims to provide easier access to LSD and plans to expand to support Bitcoin in the future.
Key Points
1. Liquid staking protocol StaFi is deploying its Liquid Staking as a Service (LSAAS) testnet ahead of its rebrand and mainnet launch of StaFi 2.0.
2. Liquid staking as a service involves providing liquidity by minting a new token that represents an underlying staked asset, which can be used and traded in DeFi protocols for additional revenue or rewards.
3. The initial StaFi 2.0 testnet will support liquid staking derivatives (LSDs) from Ethereum, EVM layer-2s, and the Cosmos ecosystem, allowing developers to experiment with new features and improvements based on user suggestions.