Overview

The DAO Treasury FIS multisig wallets (2025.11.03 snapshot)

• 32khQjt9vK6HBcUGgVJsxQXwRXPz5E9E83WKuvfMoK5CnPw9: 2,017,481 $FIS

• 34wBXY2fzPnfikEXpGbUzqWV3r2B44iJgV5wPaB5YNrxpj3Z: 1,745,736 $FIS

• 33aRRH6B8YyUBBhR2Cppj6s7S8dJfsmMpievnLiMY4JRUsmD: 2,045,517 $FIS

• 31FTe87cgmBdp4DueiCrEqVNoc4mpmwERQ2nGPyHduASuAEa: 4,582,779 $FIS

• 335ye5dGBCM74P1m6gfNytbUfk5cHVXnqBDvUakqvGANDp1Q: 2,399,690 $FIS

• 31VApuoJa5raPEzjQNKRjyrwuRsbN7YjHzrypxnPCwXLUAfo: 2,619,798 $FIS

• 31PyqxDqAXwvADAyLSuieRe7YnH7PduZSMxgVA1CbK4oYoDC: 14,632,175 $FIS

• Sum: 30,043,176 $FIS ( v.s. 35,229,490 $FIS )

DAO Treasury EVM Wallets

• Ethereum: 0xe300966c51437ee65bc24dec3b338cf2e1a625cf

• SEI: 0x56f8c806Aff5c4a3c1fBb62330cCA5683c51Ad0D

Cost

• October Development Cost: 1,111,111 $FIS

• Operation Cost: 60,120 $FIS

FIS Burn

• Treasury FIS burn: 448,693 $FIS

• Transaction: https://stafi.subscan.io/block/26784000

• Understanding the $FIS Burn Mechanism: https://mirror.xyz/0xBABf7e6b5bcE0BD749FD3C527374bEf8919cC7A9/JqBVbbSEyA-PsiYyDjZF-fIIjVaG6LbdIKYfSPDu9Fc

rToken Revenue

StaFi charges a commission ranging from 5% to 10% from different LST, and an additional redemption fee may apply. These fees will be sent to the treasury pool as protocol revenue.

https://docs.google.com/spreadsheets/d/1nB-rEsBuOv6BTSYlAHPx72IKBXYp64Wort0MvHzlsQk/edit?usp=sharing

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

Why Stablecoin LST is Important

Stablecoin LST is inherently more complex than traditional LST stacks due to the additional risk management, protocol logic, and compliance requirements involved.

At the same time, according to RWA.xyz the stablecoin market has become the backbone of DeFi, with a total market capitalization exceeding $259.91 billion, and accounting for over 60% of on-chain transaction volume across major networks. Yet, most stablecoins remain idle in wallets or trading pools without yielding any staking returns.

By enabling stablecoins to be staked through liquid staking mechanisms, StaFi aims to unlock massive idle liquidity, improve capital efficiency, and expand the utility of one of the most fundamental asset classes in crypto.

Our Approach

To facilitate Stablecoin LST adoption, StaFi will not only provide the LST stack through our LSaaS app integration but also offer:

• Protocol front-end ready for launch

• Smart contracts for secure and seamless deployment

• Documentation and developer support

This approach allows third-party teams to focus on their core responsibilities: company registration, KYC/KYB verification (e.g., via Ondo), and business development. Once these are completed, the protocol can be fully launched with minimal friction.

Building on Our SubDAO Experience

Over the past year, StaFi LSaaS has successfully supported multiple SubDAO launches, such as Chaos , Gimo and Hito, proving that our model can empower partners to independently operate and expand new LST ecosystems.

These experiences have strengthened our confidence and commitment to exploring more collaborations and fostering long-term partnerships with teams that share our vision. The launch of the Stablecoin LST protocol will be another important step toward this goal — combining technical readiness with open collaboration.

Current Progress & Next Steps

• Our development team will launch the backend soon.

• The full protocol (front-end, docs, and smart contracts) is expected to be ready for deployment very quick.

Partner Invitation

If you are a team looking to launch a Stablecoin LST protocol, this is the perfect opportunity to leverage StaFi LSaaS while focusing on your core business and BD efforts. Together, we can make Stablecoin LST widely adopted, fully compliant, and highly liquid.

We look forward to collaborating with more visionary partners to bring the next generation of LST adoption to life.

Further Reading

• All Previous Staking Letters

Overview

The DAO Treasury FIS multisig wallets (2025.10.01 snapshot)

• 32khQjt9vK6HBcUGgVJsxQXwRXPz5E9E83WKuvfMoK5CnPw9: 2,325,279$FIS

• 34wBXY2fzPnfikEXpGbUzqWV3r2B44iJgV5wPaB5YNrxpj3Z:2,193,887$FIS

• 33aRRH6B8YyUBBhR2Cppj6s7S8dJfsmMpievnLiMY4JRUsmD: 2,045,517$FIS

• 31FTe87cgmBdp4DueiCrEqVNoc4mpmwERQ2nGPyHduASuAEa: 4,640,026$FIS

• 335ye5dGBCM74P1m6gfNytbUfk5cHVXnqBDvUakqvGANDp1Q: 3,399,690$FIS

• 31VApuoJa5raPEzjQNKRjyrwuRsbN7YjHzrypxnPCwXLUAfo: 4,185,795$FIS

• 31PyqxDqAXwvADAyLSuieRe7YnH7PduZSMxgVA1CbK4oYoDC: 16,484,255$FIS

• Sum: 35,274,449$FIS ( v.s. 35,229,490$FIS )

DAO Treasury EVM Wallets

• Ethereum: 0xe300966c51437ee65bc24dec3b338cf2e1a625cf

• SEI: 0x56f8c806Aff5c4a3c1fBb62330cCA5683c51Ad0D

Cost

• September Development Cost: 838,926$FIS

• Operation Cost: 63,993$FIS

FIS Burn

• Treasury FIS burn: 415,269$FIS

• Transaction: https://stafi.subscan.io/block/25920000

• Understanding the $FIS Burn Mechanism: https://mirror.xyz/0xBABf7e6b5bcE0BD749FD3C527374bEf8919cC7A9/JqBVbbSEyA-PsiYyDjZF-fIIjVaG6LbdIKYfSPDu9Fc

rToken Revenue

StaFi charges a commission ranging from 5% to 10% from different LST, and an additional redemption fee may apply. These fees will be sent to the treasury pool as protocol revenue.

https://docs.google.com/spreadsheets/d/1nB-rEsBuOv6BTSYlAHPx72IKBXYp64Wort0MvHzlsQk/edit?usp=sharing

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

Overview

The DAO Treasury FIS multisig wallets (2025.8.31 snapshot)

• 32khQjt9vK6HBcUGgVJsxQXwRXPz5E9E83WKuvfMoK5CnPw9: 2,325,279$FIS

• 34wBXY2fzPnfikEXpGbUzqWV3r2B44iJgV5wPaB5YNrxpj3Z: 2,193,887$FIS

• 33aRRH6B8YyUBBhR2Cppj6s7S8dJfsmMpievnLiMY4JRUsmD:2,045,516$FIS

• 31FTe87cgmBdp4DueiCrEqVNoc4mpmwERQ2nGPyHduASuAEa: 4,640,026$FIS

• 335ye5dGBCM74P1m6gfNytbUfk5cHVXnqBDvUakqvGANDp1Q: 3,399,690$FIS

• 31VApuoJa5raPEzjQNKRjyrwuRsbN7YjHzrypxnPCwXLUAfo: 4,185,795$FIS

• 31PyqxDqAXwvADAyLSuieRe7YnH7PduZSMxgVA1CbK4oYoDC: 16,439,297$FIS

• Sum: 35,229,490$FIS ( v.s. 38,014,122 $FIS )

DAO Treasury EVM Wallets

• Ethereum: 0xe300966c51437ee65bc24dec3b338cf2e1a625cf

• SEI: 0x56f8c806Aff5c4a3c1fBb62330cCA5683c51Ad0D

Cost

• August Development Cost: 751,879$FIS

• Operation Cost: 40,598 $FIS

FIS Burn

• Treasury FIS burn: 378,077$FIS

• Transaction: https://stafi.subscan.io/block/25920000

• Understanding the $FIS Burn Mechanism: https://mirror.xyz/0xBABf7e6b5bcE0BD749FD3C527374bEf8919cC7A9/JqBVbbSEyA-PsiYyDjZF-fIIjVaG6LbdIKYfSPDu9Fc

rToken Revenue

StaFi charges a commission ranging from 5% to 10% from different LST, and an additional redemption fee may apply. These fees will be sent to the treasury pool as protocol revenue.

https://docs.google.com/spreadsheets/d/1nB-rEsBuOv6BTSYlAHPx72IKBXYp64Wort0MvHzlsQk/edit?usp=sharing

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

This isn’t just another stack—it represents a major milestone in expanding the vision of Liquid Staking as a Service (LSaaS) into the world of payments, real-world assets, and on-chain finance. With this launch, we’re showing that StaFi is continuously building, pushing the boundaries of what’s possible with staking infrastructure.

Why Stablecoins?

Stablecoins are already one of the biggest success stories in crypto.

They represent hundreds of billions in market cap, power most of on-chain DeFi, and are the most actively transacted assets on public blockchains—often surpassing Visa or MasterCard in daily transaction volume. But despite their popularity, stablecoins are underutilized when it comes to yield.

Unlike PoS tokens that can be staked for rewards, holding stablecoins like USDT or USDC offers zero native yield. This is a missed opportunity—especially when those stablecoins are backed by interest-bearing assets like U.S. Treasury Bonds.

StaFi saw this gap—and we built the solution.

What is the Stablecoin LST Stack?

Just like ETH or DOT can be staked in StaFi to mint rETH or rDOT, the Stablecoin LST Stack allows users to stake their stablecoins (e.g., USDC) and receive a liquid staking token (LST) in return. That token not only maintains liquidity, but also earns passive yield.

Here’s how it works:

1. Users stake stablecoins (e.g. USDC) via protocol built with StaFi LSaaS

2. Stablecoins are deployed into yield-bearing RWA protocols such as Ondo Finance, Centrifuge, or Mountain Protocol (which buy U.S. Treasuries or short-duration credit)

3. Protocol issues a liquid token (e.g. rUSDC) representing the staked position and yield claim

4. rUSDC can be used across DeFi, just like any other LST

This stack brings composability and capital efficiency to stablecoins for the first time.

Why It Matters

The Stablecoin LST Stack is powerful because it bridges multiple major trends:

1. It aligns with the RWA narrative

RWA is one of the most important macro narratives of 2024–2026. As Wall Street embraces tokenized T-bills and structured credit, on-chain stablecoins backed by RWAs will dominate.

StaFi’s Stablecoin Stack directly rides this wave—connecting on-chain stablecoin capital with off-chain yield sources.

2. It creates DeFi-native yield

USDC in a wallet earns 0%.

rUSDC in DeFi earns real yield while retaining liquidity.

That’s game-changing for every DeFi user and protocol that holds idle stablecoins.

3. It uses existing LSaaS infrastructure

StaFi has 6+ years of experience building LSTs for PoS tokens. Now we’re reusing and adapting that same battle-tested infrastructure for stablecoins—accelerating innovation with lower risk.

4. It opens new markets

This isn’t just for ETH whales or AVS operators. This is for everyone using stablecoins—DeFi protocols, treasuries, institutions, and end users.

What About the Risks?

Like all yield strategies, this isn’t risk-free.

• Rate risk: U.S. Treasury yields are falling as the Fed cuts rates, which may reduce base yield for stablecoin LSTs

• Protocol risk: Yield is derived from off-chain RWA protocols (Ondo, Centrifuge, etc.), so smart contract, custody, or regulatory risk applies

The upside: StaFi’s modular LSaaS infrastructure enables rapid iteration. We can integrate higher-yield strategies, plug into DeFi, or launch new modules to enhance returns—just like we evolved LSTs from simple staking to restaking, MEV, and beyond.

What’s Next?

We’re actively seeking partners to launch the first stablecoin LST protocols powered by StaFi LSaaS. These could be:

• Treasury-backed stablecoins that want to offer yield

• RWA protocols that want a liquid staking interface

• DeFi apps looking to issue rUSDC, rUSDT, or fiat-backed tokens like rSGD, rEUR, etc.

The Stablecoin LST Stack is now production-ready, and we hope to see the first integrations go live soon.

Just like Vouch, Chaos, Gimo, and Hito adopted LSaaS in the PoS world, we’re excited to onboard the first wave of stablecoin-native partners into the LSaaS ecosystem.

Closing Thoughts

We built StaFi to make capital more efficient. First with staking. Now with stablecoins.

With this Stablecoin LST Stack, we’re bridging the gap between DeFi, TradFi, and RWAs, and showing how one unified staking infrastructure can power multiple verticals—from security to yield, from AI to payments.

To our community:

We’re still building. We’re building faster than ever.

LSaaS is evolving. FIS has real utility.

The best is ahead.

Let’s stake the future—together.

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

Further Reading

• All Previous Staking Letters

Real World Asset (RWA) tokenization is rapidly becoming one of the most compelling trends in blockchain. As of mid-2025, over $8 billion worth of RWAs—ranging from U.S. Treasury bonds, gold, to real estate—have already been tokenized and deployed across major chains like Ethereum, Polygon, and Solana (source: rwa.xyz, 2025 Q2 report).

This growth is not just speculative; it reflects a structural shift. By putting RWAs on-chain, blockchain infrastructure enables greater liquidity, lower transaction costs, and improved access. Financial institutions such as BlackRock, Franklin Templeton, and HSBC have all launched or piloted tokenized RWA products in recent months.

Why Tokenize RWAs On-Chain?

Benefits for Asset Owners and Users:

• 24/7 global access and trading

• Increased liquidity for traditionally illiquid assets

• Fractional ownership and easier diversification

• Transparent, auditable settlement systems

Benefits of Blockchain Infrastructure:

• Smart contract automation reduces operational costs

• Borderless infrastructure removes friction for global investors

• Composability with DeFi unlocks new financial use cases

• Immutable, real-time proof of ownership

At StaFi, we see the momentum building—and we are ready to take part in the transformation. With deeper exploration into the mechanics of RWA tokenization, we believe Liquid Staking Token (LST) infrastructure is uniquely positioned to become a foundational layer for RWAs.

Similarities Between LST and RWA Tokenization

The value proposition of Liquid Staking—efficiency, composability, and yield—aligns perfectly with what RWA tokenization aims to deliver. Here’s how:

1. Fixing Capital Inefficiency

LSTs unlock the value of staked assets by issuing a liquid representative token. Similarly, RWA tokenization removes barriers to using traditionally illiquid assets like:

• Gold — hard to store or transfer physically

• Stocks — restricted by brokers, banking systems, or regulation

• Fine art — impossible to fractionally own and trade in real-time

Both approaches fix inefficiencies in asset access, storage, and mobility.

2. Yield Generation

LSTs don’t just represent staked tokens—they amplify them via:

• Staking yield

• DeFi participation

• MEV/re-staking yield

RWA tokens can follow the same model:

• Used as collateral in lending markets (e.g. tokenized T-Bills in MakerDAO)

• Backing yield-bearing stablecoins (e.g. USDM, sDAI)

• Building structured products or ETF-style wrappers

This shared yield capability is key—it’s what drives institutional and DeFi capital to flow toward tokenized assets.

3. Composability and Innovation

Liquid staking started with ETH and quickly expanded to Polkadot, Cosmos, Avalanche, etc.—each with a modular architecture and DeFi integrations. We’re now seeing the same playbook being used for RWA:

• Modular issuance

• Plug-and-play DeFi use

• Institutional-grade asset management layers

The result? Just like LSTs have become DeFi-native building blocks, RWAs will evolve into programmable financial primitives—especially as institutions seek to bridge TradFi and on-chain liquidity.

RWA Tokenization in StaFi LSaaS

With this strategic overlap, StaFi LSaaS (Liquid Staking as a Service) is naturally equipped to support tokenized RWA issuance.

Our vision is to extend the modular LSaaS stack—designed for LSTs—to enable:

• Custom modules for legal verification, asset management, and price feeds

• Permissioned wrappers for regulated institutions

• DeFi-ready integration post-tokenization

Tokenized Stock Example

Traditional equity markets are limited in several ways. They operate within fixed hours, rely on complex settlement layers, and are often constrained by regional regulatory barriers. These limitations restrict access and liquidity for global investors.

By tokenizing stocks on blockchain, these barriers are removed. Tokenized equities can be traded 24/7, accessed globally, and held directly through a permissionless wallet—no broker or bank account required.

Within the StaFi LSaaS framework, this process mirrors how liquid staking works. Off-chain stock acquisition is handled by a regulated custodian or third-party operator. Once proof of ownership is submitted and verified, StaFi’s contracts issue an on-chain tokenized representation of the asset—just like rETH or rDOT. These could take the form of rAAPL, rTSLA, or even rS&P500, unlocking liquidity and enabling composability across DeFi.

What makes this powerful is that it all runs on the same LSaaS infrastructure already battle-tested in staking. With only minor adjustments in modules—such as legal verification and custodial integration—the system becomes fully adaptable for real-world assets like stocks.

A Big Opportunity for StaFi

The tokenization of real-world assets is accelerating, and the onboarding process closely resembles how Liquid Staking Tokens are integrated into StaFi LSaaS. With its modular, customizable framework, StaFi is uniquely positioned to support a wide range of RWA categories. Whether it’s vault-backed gold, tokenized stocks, or complex yield-generating instruments, LSaaS provides the tools to issue, verify, and integrate these assets on-chain—seamlessly and securely.

What’s Big?

StaFi is excited to be part of the growing RWA movement, actively collaborating with select Web2 companies to explore real-world asset tokenization. This marks a significant milestone—not just for StaFi, but for the broader adoption of the LSaaS framework. While details will be revealed soon, this development is something worth keeping a close eye on.

What’s Next?

StaFi LSaaS will continue to abstract and modularize the tokenization process, creating an RWA-focused stack to serve institutions and innovators alike.

By offering:

• Plug-and-play issuance contracts

• Off-chain proof verification modules

• One-click DeFi integration tools

We aim to become a core enabler of RWA tokenization on-chain.

The future of staking is more than crypto—it’s a universal capital layer. StaFi LSaaS is here to power it.

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

Further Reading

• All Previous Staking Letters

Overview

The DAO Treasury FIS multisig wallets (2025.8.1 snapshot)

• 32khQjt9vK6HBcUGgVJsxQXwRXPz5E9E83WKuvfMoK5CnPw9: 2,320,428 $FIS

• 34wBXY2fzPnfikEXpGbUzqWV3r2B44iJgV5wPaB5YNrxpj3Z: 3,442,970 $FIS

• 33aRRH6B8YyUBBhR2Cppj6s7S8dJfsmMpievnLiMY4JRUsmD: 3,539,638 $FIS

• 31FTe87cgmBdp4DueiCrEqVNoc4mpmwERQ2nGPyHduASuAEa: 4,639,559 $FIS

• 335ye5dGBCM74P1m6gfNytbUfk5cHVXnqBDvUakqvGANDp1Q: 3,396,108 $FIS

• 31VApuoJa5raPEzjQNKRjyrwuRsbN7YjHzrypxnPCwXLUAfo: 4,284,612 $FIS

• 31PyqxDqAXwvADAyLSuieRe7YnH7PduZSMxgVA1CbK4oYoDC: 16,390,807 $FIS

• Sum: 38,014,122 $FIS ( v.s. 39,151,005 $FIS )

DAO Treasury EVM Wallets

• Ethereum: 0xe300966c51437ee65bc24dec3b338cf2e1a625cf

• SEI: 0x56f8c806Aff5c4a3c1fBb62330cCA5683c51Ad0D

Cost

• July Development Cost: 1250000 $FIS

• Operation Cost: 51,092 $FIS

FIS Burn

• Treasury FIS burn: 343,072 $FIS

• Transaction: https://stafi.subscan.io/block/25488000

• Understanding the $FIS Burn Mechanism: https://mirror.xyz/0xBABf7e6b5bcE0BD749FD3C527374bEf8919cC7A9/JqBVbbSEyA-PsiYyDjZF-fIIjVaG6LbdIKYfSPDu9Fc

rToken Revenue

StaFi charges a commission ranging from 5% to 10% from different LST, and an additional redemption fee may apply. These fees will be sent to the treasury pool as protocol revenue.

https://docs.google.com/spreadsheets/d/1nB-rEsBuOv6BTSYlAHPx72IKBXYp64Wort0MvHzlsQk/edit?usp=sharing

https://lh7-us.googleusercontent.com/docs/AHkbwyKHuOS_2vrzvdFa9xNj3rkytUtSTcIA05Q5W4P-02ikjK4uisOUnGoQaXSPPoYmUxo4IfuwxHoh1Nf56ItKJ3gOOiBRGUsKUCZ8a8Opbo9V5EWwntSy=w1200-h630-p

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

As Q3 2025 begins, the StaFi roadmap focuses on launching Liquid Staking Vaults (LSV) and expanding the SubDAO ecosystem. In alignment with these priorities, a potential listing of $FIS on Hyperliquid, a high-performance, on-chain order book exchange — is currently under active evaluation. This paper outlines the rationale behind the initiative, introduces Hyperliquid, and explores how such a listing could support the broader growth of LSVs and SubDAOs.

Why Consider Listing $FIS on Hyperliquid?

Hyperliquid is a high-performance decentralized exchange (DEX) built on its own Layer-1 blockchain. It uses on-chain order books powered by HIPs (Hyperliquid Improvement Proposals) to support both spot and derivatives trading. With built-in support for perpetual futures and a native automated market-making mechanism, Hyperliquid delivers deep liquidity, low latency, and an experience comparable to centralized exchanges.

As StaFi continues expanding its cross-chain staking infrastructure, identifying listing venues that align with its permissionless and modular approach becomes increasingly relevant. To assess whether a listing aligns with StaFi’s strategic direction, the following considerations are currently under review:

• Optimized Trading Infrastructure: Hyperliquid runs on its own Layer 1, purpose-built for trading. It offers ultra-low latency, minimal gas costs, and a fully on-chain order book—bringing a CEX-like trading experience to DeFi.

• Modular Access to Spot and Perps: With support for both spot and permissionless perpetual markets, the HIP-1 to HIP-3 framework provides flexible tools for launching and scaling tokens.

• Engaged Trader Base: Hyperliquid attracts a core audience of professional on-chain traders. Listing FIS here introduces the token to capital-efficient users who value speed, transparency, and advanced trading features.

• Early Ecosystem Visibility: As a fast-growing platform with a curated token list, early movers like FIS can benefit from greater visibility and lower listing competition.

In short, Hyperliquid offers technical advantages, an aligned audience, and a clear opportunity to amplify $FIS’s utility, reach, and liquidity.

Hyperliquid Listing Process and Cost Overview

Listing $FIS on Hyperliquid involves three modular components:

HIP-1 – Token Deployment & Spot Market: A Dutch auction secures a slot to mint a native token and automatically opens a USDC spot market. Based on recent auctions, StaFi’s estimated clearing price may range from 500 to 1,000 HYPE.

HIP-2 – Market-Making Engine: This module enables AMM-style behavior directly on the order book. All operations are fully on-chain and customizable. Costs depend on:

• Initial price setting

• Number of order levels

• Order size per level

• Number of seeded bid levels

HIP-3 – Perpetual Futures Module: Projects may optionally deploy permissionless perpetual futures. Activating HIP-3 requires a deposit of 1,000,000 HYPE.

Pros and Cons of Listing $FIS on Hyperliquid

Pros

• Expanded Liquidity and Access: Hyperliquid’s on-chain order book (via HIP-2) delivers deep liquidity and fast execution, engaging a new wave of power users and DeFi-native traders.

• Enhanced Utility for $FIS: Trading activity generates fee revenue, improves price discovery, and strengthens the overall token economy.

• Scalable Pathway for Ecosystem Tokens: The HIP framework provides a replicable model for future LSV and SubDAO tokens like Chaos, Gimo, and Hito.

• Cross-Chain Synergy: This listing complements StaFi’s expansion into the SVM and EVM ecosystems, reinforcing LSV deployment across networks.

Cons

• Cost Uncertainty: The HIP-1 auction and HIP-2 setup require HYPE token payments, deposits, and liquidity provisioning. Volatile auction prices can make budgeting difficult.

• Limited Focus on Spot: Platform momentum currently favors perpetuals over spot markets, which may affect initial exposure for FIS.

• Liquidity Risk for Mid/Small-Cap Tokens: Most trading volume is concentrated in major assets; low-cap tokens may struggle with traction and visibility.

Call for Community Discussion

This exploration remains in the research phase. No listing will proceed without DAO approval.

• StaFi Forum Thread: Community members are invited to contribute ideas, raise concerns, and suggest launch parameters such as cost ceilings and liquidity incentives.

• Opensquare Governance Vote: Once research concludes, a formal vote will be initiated to determine next steps.

Community input is essential to shaping the final decision — join the dialogue and help determine the next step for $FIS.

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

Further Reading

• All Previous Staking Letters

Overview

The DAO Treasury FIS multisig wallets (2025.6.30 snapshot)

• 32khQjt9vK6HBcUGgVJsxQXwRXPz5E9E83WKuvfMoK5CnPw9: 2,302,597 $FIS

• 34wBXY2fzPnfikEXpGbUzqWV3r2B44iJgV5wPaB5YNrxpj3Z:  3,420,220 $FIS

• 33aRRH6B8YyUBBhR2Cppj6s7S8dJfsmMpievnLiMY4JRUsmD: 3,513,354 $FIS

• 31FTe87cgmBdp4DueiCrEqVNoc4mpmwERQ2nGPyHduASuAEa: 4,612,152 $FIS

• 335ye5dGBCM74P1m6gfNytbUfk5cHVXnqBDvUakqvGANDp1Q: 3,474,526 $FIS

• 31VApuoJa5raPEzjQNKRjyrwuRsbN7YjHzrypxnPCwXLUAfo:  5,516,909 $FIS

• 31PyqxDqAXwvADAyLSuieRe7YnH7PduZSMxgVA1CbK4oYoDC: 16,311,247 $FIS

• Sum: 39,151,005 $FIS ( v.s. 39,637,530$FIS )

DAO Treasury EVM Wallets

• Ethereum: 0xe300966c51437ee65bc24dec3b338cf2e1a625cf

• SEI: 0x56f8c806Aff5c4a3c1fBb62330cCA5683c51Ad0D

Cost

• June Development Cost: 620,347 $FIS

• Operation Cost: 1,787 $FIS

FIS Burn

• Treasury FIS burn:  334,784 $FIS

https://dao.stafi.io/t/decrease-the-fis-inflation/235

https://stafi.subscan.io/block/24192000?tab=event&event=24192000-1

https://mirror.xyz/0xBABf7e6b5bcE0BD749FD3C527374bEf8919cC7A9/JqBVbbSEyA-PsiYyDjZF-fIIjVaG6LbdIKYfSPDu9Fc

rToken Revenue

StaFi charges a commission ranging from 5% to 10% from different LST, and an additional redemption fee may apply. These fees will be sent to the treasury pool as protocol revenue.

https://docs.google.com/spreadsheets/d/1nB-rEsBuOv6BTSYlAHPx72IKBXYp64Wort0MvHzlsQk/edit?usp=sharing

https://lh7-us.googleusercontent.com/docs/AHkbwyKKvAlqPwZHfv_fSbcmtAbNiU4tEHaZUm1T9OcR9xG1EvrXlCHcqVP7Zxjb-SdaL_1WdaXs3kO3-_BLgoKtfsRs1acWmQVdxhpLj-XQgell-6WtM1z8=w1200-h630-p

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

At StaFi, we’ve been pioneering Liquid Staking as a Service (LSaaS) to bring liquidity to PoS tokens. Today, we want to introduce a brand new idea which is the new infrastructure module designed specifically for non-PoS tokens, dApps, and appchains:

Liquid Staking Vault (LSV) = Staking Vault + Liquid Staking Token

Unlike traditional LST protocols designed around PoS consensus mechanisms, the LSV framework is built entirely at the contract layer — enabling any project, including non-consensus tokens, to tap into the power of staking rewards, liquidity, and composability.

Our mission remains the same: Unlock staked value, maximize yield opportunities, and enable seamless participation across DeFi and on-chain AI economies.

A Brand New Infrastructure Layer in LSaaS

Liquid Staking Tokens (LSTs) in the traditional PoS world rely on chain-native consensus parameters — like inflation rates, validator performance, slashing, and unbonding. These are tightly coupled with Layer 1 blockchains.

In contrast, StaFi’s Liquid Staking Vault (LSV) is tailored for non-PoS environments — dApps, appchains, and protocols that do not have validators or built-in staking logic.

Instead, each Vault operates with customisable, off-chain defined parameters, including:

• Manually set APR or reward pools

• Lock-up and penalty configurations

• No reliance on validators or consensus modules

To put it simply:

This shift is essential because not all valuable crypto economies are PoS-based. As DeFi, RWA, and AI-native assets rise, more protocols require a flexible staking solution — that’s exactly what LSV delivers.

What Can LSVs Unlock?

By introducing this new vault architecture, StaFi unlocks new possibilities:

• Token teams can enable staking utilities with minimal tech lift

• Protocols can bootstrap community loyalty through time-based incentives

• Users can earn yield and retain liquidity via cTOKENs (Liquid Staking Tokens)

• StaFi generates new LSaaS revenue streams, further strengthening the protocol and rewarding $FIS holders

Whether you're an AI-native protocol, DeFi application, or emerging appchain — you can now plug into StaFi’s LSV framework and launch fully-featured, customizable staking vaults.

How It Works

The LSV system includes several key components:

1. Vault Factory (V0)

A permissionless smart contract hub for deploying new staking vaults. It manages:

• Vault contract deployment using templates

• Metadata registration (token info, reward structure, rules)

• Optional Liquid Staking Token (LST) setup (cTOKEN mint/burn)

• Interface and security compliance

2. Staking Vault (V1)

Each vault holds unique parameters chosen by the token team:

• Fixed or dynamic APR reward models

• Unbonding penalties or early-exit fees

• Optional time-based reward boosts

• Deposit/withdraw logic and cTOKEN accounting

• Modular reward engine integration

3. Liquid Staking Token (LST)

If enabled, the vault mints a cTOKEN representing the user’s staked position. These tokens:

• Are minted 1:1 or via dynamic exchange rates

• Can be used across DeFi (LP, lending, strategies)

• Auto-adjust via sync or reward tracking logic

Together, these components create a full-stack staking infrastructure that is secure, customisable, and scalable.

Roadmap

StaFi’s LSV infrastructure is already powering real-world use cases and will soon expand across ecosystems.

SVM Deployment — Live Now

• ChaosFinance is the first live example of a project built fully on StaFi's LSV stack.

• Running on the SonicVM (SVM) layer, Chaos allows token teams to deploy LSVs without coding and instantly offer yield and liquidity.

EVM Compatibility— Coming Soon

• EVM vault factory is already in plan, designed to follow the SVM deployment.

• Our test partner on EVM will be GimoFinance, a yield protocol within the 0G AI chain.

Move Ecosystem Exploration

• We’re actively researching how to bring the LSV stack to Move-based ecosystems (e.g., Sui, Aptos) and support new modular Layer 1s and appchains.

Conclusion: LSV Is the Future of Modular Staking

StaFi’s Liquid Staking Vaults redefine what it means to stake.

By decoupling staking logic from consensus and placing it at the contract level, we make staking:

• More accessible to non-PoS projects

• More flexible for custom economic design

• More composable for a growing DeFi + AI future

And most importantly, more valuable for users and $FIS holders.

We invite builders, protocols, and DAOs to try the StaFi LSV framework and help us expand LSaaS across the industry.

Let’s build a liquid future — not just for PoS chains, but for the entire crypto stack.

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

Further Reading

• All Previous Staking Letters

Overview

The DAO Treasury FIS multisig wallets (2025.6.1snapshot)

• 32khQjt9vK6HBcUGgVJsxQXwRXPz5E9E83WKuvfMoK5CnPw9: 2,282,761 $FIS

• 34wBXY2fzPnfikEXpGbUzqWV3r2B44iJgV5wPaB5YNrxpj3Z: 3,393,434 $FIS

• 33aRRH6B8YyUBBhR2Cppj6s7S8dJfsmMpievnLiMY4JRUsmD: 3,477,005 $FIS

• 31FTe87cgmBdp4DueiCrEqVNoc4mpmwERQ2nGPyHduASuAEa: 4,595,033 $FIS

• 335ye5dGBCM74P1m6gfNytbUfk5cHVXnqBDvUakqvGANDp1Q: 4,116,766 $FIS

• 31VApuoJa5raPEzjQNKRjyrwuRsbN7YjHzrypxnPCwXLUAfo: 5,503,334 $FIS

• 31PyqxDqAXwvADAyLSuieRe7YnH7PduZSMxgVA1CbK4oYoDC: 16,269,197$FIS

• Sum: 39,637,530 $FIS ( v.s. 39,852,594 $FIS )

DAO Treasury EVM Wallets

• Ethereum: 0xe300966c51437ee65bc24dec3b338cf2e1a625cf

• SEI: 0x56f8c806Aff5c4a3c1fBb62330cCA5683c51Ad0D

Cost

• April Development Cost: 434,783 $FIS

• Operation Cost: 5,851 $FIS

FIS Burn

• Treasury FIS burn:  330,439$FIS

https://dao.stafi.io/t/decrease-the-fis-inflation/235

https://stafi.subscan.io/block/24192000?tab=event&event=24192000-1

https://mirror.xyz/0xBABf7e6b5bcE0BD749FD3C527374bEf8919cC7A9/JqBVbbSEyA-PsiYyDjZF-fIIjVaG6LbdIKYfSPDu9Fc

rToken Revenue

StaFi charges a commission ranging from 5% to 10% from different LST, and an additional redemption fee may apply. These fees will be sent to the treasury pool as protocol revenue.

https://docs.google.com/spreadsheets/d/1nB-rEsBuOv6BTSYlAHPx72IKBXYp64Wort0MvHzlsQk/edit?usp=sharing

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

In our relentless pursuit to redefine Liquid Staking as a Service (LSaaS), StaFi is taking another bold step forward by integrating Sonic SVM LST into our stack, paving the way for StaFi’s presence in the Solana SVM ecosystem. Alongside this, StaFi is deploying Hyperliquid LST in the stack, marking a significant milestone in perpetual trading DEX liquidity enhancement. These advancements are set to position StaFi as a pioneer in cross-chain liquid staking infrastructure, unlocking new waves of value and utility for $FIS holders.

Entering the Solana SVM Ecosystem

StaFi’s expertise in deploying EVM-based LSTs—such as $BNB, $POL, $SEI—has proven the model's capacity to drive TVL growth, revenue generation, and strategic partnerships. Now, by extending our reach to Solana's SVM, we are diving into an entirely new layer of blockchain infrastructure.

Unlike Ethereum's EVM, Solana SVM boasts high throughput, low latency, and cost-efficient smart contract execution, making it an ideal ground for scaling liquid staking solutions. Already, several high-impact projects are leveraging the power of Solana's SVM, including Solayer, SonicSVM, Soon. These projects not only demonstrate the robustness of the SVM ecosystem but also open pathways for StaFi LSaaS to innovate with liquid staking options that cater to both DeFi and GameFi sectors.

By embracing SVM, with more scalability, StaFi can tap into Solana’s vast developer ecosystem, unlocking new collaborations and enhancing the visibility of $FIS across diverse chains. SVM's ecosystem is growing exponentially, with projects rapidly migrating due to its superior speed and cost advantages. StaFi’s early entry positions us to capture this momentum.

Check the case: Chaos Finance

Elevating Perpetual Trading with StaFi LSaaS

Hyperliquid is rapidly emerging as a disruptive force in the DEX space, rivaling some of the top-tier centralized exchanges with its cutting-edge perpetual trading solutions. By focusing on deep liquidity, high-frequency trading, and seamless market access, Hyperliquid has positioned itself as a powerhouse in the decentralized trading landscape. This strong alignment with StaFi's custom LST solutions unlocks new levels of liquidity and cross-chain interoperability, paving the way for StaFi to anchor itself within this fast-evolving market.

Through StaFi’s custom LST deployment, Hyperliquid will gain access to enhanced liquidity and flexible staking options that strengthen its trading ecosystem. This collaboration not only elevates StaFi's visibility but also reinforces Hyperliquid’s position in the market by offering high-liquidity staking assets directly on its platform.

As Hyperliquid aggressively scales—competing head-to-head with centralized giants through initiatives like Meme Alpha and Wallet TGE—StaFi’s participation acts as a critical liquidity backbone. This partnership is more than strategic; it represents a mutual growth pathway that fortifies both ecosystems, aligning StaFi’s liquid staking expertise with Hyperliquid’s market ambitions to redefine the perpetual trading experience.

Check the case: Hito Finance

Integrating with the Current Stack App

The development of both the Sonic SVM LST and Hyperliquid LST is complete and ready for deployment. However, recognizing current market demands, we will be open-sourcing the backend (contract code), while the frontend interface for one-click deployment will be withheld until community and developer demand rises. However, the community will still benefit from it:

• Open Source for Builders: StaFi will provide tech support for developers interested in building SVM-based LSTs or customized Hyperliquid LSTs, driving ecosystem expansion through community collaboration.

• Modular Deployment: This phased rollout allows StaFi to gauge market demand, refine user experience, and ensure flawless integration into the existing LSaaS app.

StaFi AI LSaaS Keep Scaling, but never end

StaFi’s latest expansions are not just strategic; they are transformative. By integrating with Solana's SVM and Hyperliquid, we are setting the stage for enhanced liquidity, deeper market reach, and stronger revenue streams. These advancements solidify StaFi’s position as a leader in LSaaS, empowering $FIS holders with expanded opportunities and long-term value appreciation.

Stake with StaFi. Build with StaFi. Own the Future.

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

Overview

The DAO Treasury FIS multisig wallets (2025.4.30 snapshot)

• 32khQjt9vK6HBcUGgVJsxQXwRXPz5E9E83WKuvfMoK5CnPw9:  2,264,634$FIS

• 34wBXY2fzPnfikEXpGbUzqWV3r2B44iJgV5wPaB5YNrxpj3Z: 3,365,052 $FIS

• 33aRRH6B8YyUBBhR2Cppj6s7S8dJfsmMpievnLiMY4JRUsmD: 3,451,148 $FIS

• 31FTe87cgmBdp4DueiCrEqVNoc4mpmwERQ2nGPyHduASuAEa: 4,559,296 $FIS

• 335ye5dGBCM74P1m6gfNytbUfk5cHVXnqBDvUakqvGANDp1Q: 4,088,477$FIS

• 31VApuoJa5raPEzjQNKRjyrwuRsbN7YjHzrypxnPCwXLUAfo: 5,919,462$FIS

• 31PyqxDqAXwvADAyLSuieRe7YnH7PduZSMxgVA1CbK4oYoDC: 16,204,525$FIS

• Sum: 39,852,594 $FIS ( v.s. 40,801,174 $FIS )

DAO Treasury EVM Wallets

• Ethereum: 0xe300966c51437ee65bc24dec3b338cf2e1a625cf

• SEI: 0x56f8c806Aff5c4a3c1fBb62330cCA5683c51Ad0D

https://proposals.stafi.io/proposal/boostingdvt/

Cost

• March Development Cost: 625,000$FIS

• Operation Cost: 19,000 $FIS

https://stafi.subscan.io/extrinsic/24233618-3

FIS Burn

• Treasury FIS burn: 483,328 $FIS

https://dao.stafi.io/t/decrease-the-fis-inflation/235

https://stafi.subscan.io/block/24192000?tab=event&event=24192000-1

https://mirror.xyz/0xBABf7e6b5bcE0BD749FD3C527374bEf8919cC7A9/JqBVbbSEyA-PsiYyDjZF-fIIjVaG6LbdIKYfSPDu9Fc

rToken Revenue

StaFi charges a commission ranging from 5% to 10% from different LST, and an additional redemption fee may apply. These fees will be sent to the treasury pool as protocol revenue.

https://docs.google.com/spreadsheets/d/1nB-rEsBuOv6BTSYlAHPx72IKBXYp64Wort0MvHzlsQk/edit?usp=sharing

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

MCP (Model Context Protocol) is a lightweight, modular protocol that structures and supplies context to AI agents at runtime. It acts as a bridge between large language models (LLMs) and live, domain-specific data sources — such as DeFi protocols, DAO governance logs, on-chain analytics, and external APIs — empowering the model to generate highly relevant, data-grounded responses.

At its core, MCP standardizes how data is fetched, interpreted, and served to the model. Rather than relying on hardcoded knowledge or static embeddings, MCP provides real-time, token-specific, and composable contexts, giving models the ability to reason, analyze, and act based on live information.

https://github.com/modelcontextprotocol/servers

The Necessity of MCP

The rapid evolution of both blockchain technology and artificial intelligence has created a significant opportunity, but also revealed key challenges:

• Data Accuracy Problems: Traditional AI models often rely on pre-trained, static information that quickly becomes outdated in the fast-moving crypto space.

• Hallucination Risk: Without access to real-time data, AI agents tend to generate plausible but incorrect information about current market conditions or protocol states.

• Integration Complexity: Connecting AI systems with on-chain data sources has traditionally required complex, custom solutions for each integration point.

• Limited Specialization: Generic AI models lack the domain-specific context needed to provide truly valuable insights for staking operations.

MCP addresses these challenges by standardizing how data is fetched, interpreted, and served to AI models. Rather than relying on hardcoded knowledge or static embeddings, MCP provides real-time, token-specific, and composable contexts, giving models the ability to reason, analyze, and act based on live information.

Why MCP? And Where Is It Being Used Today?

The explosion of LLMs has brought about a new paradigm of AI interaction. However, most AI agents lack native access to structured, up-to-date data. Without context, models hallucinate or produce generic outputs — limiting their value in specialized domains such as DeFi, governance, and on-chain operations.

MCP addresses this by introducing a context-aware layer that dynamically adapts to the user’s intent and task requirements. Its value is already being realized in several key areas:

• DeFi Intelligence Dashboards: Surfacing yields, risks, and LP performance in protocols like Aave, Balancer, Morpho, and more — at token and wallet granularity.

• DAO Operations: Summarizing proposals, comparing governance structures, and simulating voting strategies with live Snapshot and Tally data.

• Crypto Research Agents: Helping analysts query, compare, and benchmark protocols on-demand, with structured context and live metrics.

MCP in StaFi AI LSaaS

MCP plays a pivotal role in StaFi’s AI LSaaS architecture. It not only enhances the capabilities of existing AI agents on both the UI and code service layers, but also provides a modular and developer-friendly interface for third-party integration. This significantly reduces development complexity and integration costs.

All existing agents and development components within StaFi’s AI LSaaS can be structured into a unified MCP layer, enabling seamless access by large language models (LLMs) or external applications. This design dramatically expands the potential use cases of AI LSaaS — allowing protocols, developers, and end-users to easily deploy intelligent staking services across diverse environments, and accelerating the adoption of StaFi’s ecosystem.

Looking Ahead

MCP is more than just a protocol — it’s an open context network that allows LLMs and agents to become specialists, not just generalists. As we continue to develop and expand StaFi AI LSaaS, MCP will remain the backbone that empowers intelligent staking, adaptive strategies, and a truly decentralized AI economy.

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

Overview

The DAO Treasury FIS multisig wallets (2025.4.2 snapshot)

• 32khQjt9vK6HBcUGgVJsxQXwRXPz5E9E83WKuvfMoK5CnPw9: 2,247,973 $FIS

• 34wBXY2fzPnfikEXpGbUzqWV3r2B44iJgV5wPaB5YNrxpj3Z: 3,340,992 $FIS

• 33aRRH6B8YyUBBhR2Cppj6s7S8dJfsmMpievnLiMY4JRUsmD: 3,421,420 $FIS

• 31FTe87cgmBdp4DueiCrEqVNoc4mpmwERQ2nGPyHduASuAEa: 4,530,356 $FIS

• 335ye5dGBCM74P1m6gfNytbUfk5cHVXnqBDvUakqvGANDp1Q: 5,161,726 $FIS

• 31VApuoJa5raPEzjQNKRjyrwuRsbN7YjHzrypxnPCwXLUAfo: 5,952,552 $FIS

• 31PyqxDqAXwvADAyLSuieRe7YnH7PduZSMxgVA1CbK4oYoDC: 16,146,155 $FIS

• Sum: 40,801,174 $FIS ( v.s. 41,185,386 $FIS )

DAO Treasury EVM Wallets

• Ethereum: 0xe300966c51437ee65bc24dec3b338cf2e1a625cf

• SEI: 0x56f8c806Aff5c4a3c1fBb62330cCA5683c51Ad0D

proposals.stafi.io

https://proposals.stafi.io/proposal/boostingdvt/

Transfer

• Jan. & Feb. Development Cost: 538,672 $FIS

• SubDAO Campaign Incentive: 3,000,000 $FIS

• Incentive Cost: 50,000 $FIS

https://stafi.subscan.io/extrinsic/23731603-3

https://stafi.subscan.io/extrinsic/23484160-2

https://stafi.subscan.io/extrinsic/23629579-2

FIS Burn

• Treasury FIS burn: 504,584 $FIS

https://stafi.subscan.io/block/23760000?tab=event&event=23760000-1

https://mirror.xyz/0xBABf7e6b5bcE0BD749FD3C527374bEf8919cC7A9/JqBVbbSEyA-PsiYyDjZF-fIIjVaG6LbdIKYfSPDu9Fc

rToken Revenue

StaFi charges a commission ranging from 5% to 10% from different LSD, and an additional redemption fee may apply. These fees will be sent to the treasury pool as protocol revenue.

https://docs.google.com/spreadsheets/d/1ZH9F78INKS06O5h7aRWU-2pF0EKAZvhtHgVJPH3C5ZY/edit?gid=0#gid=0

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

SubDAOs: Expanding the StaFi Ecosystem

StaFi is introducing a subDAO framework that promises to significantly enhance the protocol's value capture mechanisms. This strategic development represents a structural evolution that will benefit FIS holders in multiple ways:

• Independent Tokenomics: Each subDAO will feature its own token, specifically designed for ecosystem incentivization and governance functions.

• Value Flow to FIS Holders: 10% of all subDAO tokens will be directed to the StaFi DAO treasury. Through governance procedures, this allocation will ultimately channel value back to FIS token holders.

• Ecosystem Expansion: The subDAO structure allows StaFi to scale horizontally into specialized LST verticals while maintaining a unified economic framework that benefits core stakeholders.

This architecture creates a symbiotic relationship between the main protocol and its subDAOs, where growth in any part of the ecosystem contributes to the overall value of $FIS.

https://mirror.xyz/0xBABf7e6b5bcE0BD749FD3C527374bEf8919cC7A9/c0XP32dwWCZO4JKMa0FGMaxtqfBMINkwiwYr7wvshD4

Inflation Reduction Roadmap: Path to Zero by 2027

In a move that directly addresses token economics, StaFi has outlined a concrete roadmap to gradually reduce FIS inflation to zero by 2027. This deflationary mechanism includes:

• Current Status: StaFi Chain, operating as a Proof-of-Stake blockchain, currently has an inflation rate of 10%.

• Burn Mechanism: While a burn program has already been implemented—systematically burning FIS tokens allocated to the Treasury on a monthly basis—the protocol still experiences net emissions.

• Transition to Zero Inflation: The newly approved proposal establishes a clear timeline to systematically reduce inflation until it reaches zero by 2027, at which point no new FIS tokens will be minted.

This deflationary model is designed to create upward pressure on FIS token value over time as supply growth ceases while utility and demand potentially increase.

https://dao.stafi.io/t/decrease-the-fis-inflation/235

Looking Ahead: An Evolving Economic Model

These two initiatives represent part of a broader strategy to refine FIS's economic model and value proposition. The StaFi team has indicated that further updates to the token's value capture mechanisms are in development.

With the gradual transition to zero inflation and the implementation of the subDAO structure, FIS is being positioned as a deflationary asset with expanding utility across a growing ecosystem. The modifications appear designed to address long-term sustainability while maximizing value accrual to token holders.

Community members and investors should watch for additional details about the implementation timeline for these changes and potential governance votes related to the specific mechanics of the subDAO token distributions.

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

To drive adoption and scalability, StaFi utilizes SubDAOs to launch new LST protocols through LSaaS (Liquid Staking as a Service). These SubDAOs not only foster innovation but also operate with independent tokens, allowing each entity to evolve based on its community’s specific needs while staying aligned with the broader StaFi network.

All SubDAO LST protocols are built on StaFi LSaaS’s comprehensive suite of tools and components, positioning them as flagship use cases for LSaaS. Meanwhile, LSaaS itself is set to receive major updates, with announcements coming soon.

Leading this transformation, Chaos Finance is the first SubDAO introduced under the StaFi Revamp Wave, marking the beginning of a new era for decentralized and scalable liquid staking solutions.

Introduction to Chaos Finance

Chaos Finance is a premier SONIC liquid staking protocol powered by StaFi AI LSaaS.

Sonic is the first atomic SVM (Solana Virtual Machine) chain designed to enable sovereign game economies on Solana.

It addresses a key challenge in blockchain gaming: running complex games with high performance while maintaining decentralization. As an atomic Solana Virtual Machine (SVM) chain, Sonic allows games to operate with their own economies while staying connected to Solana's security.

Chaos Finance transforms how SONIC token holders generate yield. While SONIC traditionally offers fixed staking options (3, 6, or 12-month lockups), staking through Chaos Finance provides sSONIC—an interest-bearing token with full liquidity within the SONIC ecosystem. sSONIC can be seamlessly integrated into various GameFi and DeFi applications, unlocking new yield opportunities across the SONIC SVM.

https://x.com/Chaos_Fi/status/1899292257783853233

Chaos Finance Architecture

Chaos Finance is built on the Solana LSD Stack within StaFi’s AI-powered LSaaS.

Core Accounts:

• StakeManager: Stores key sSONIC state information, including rate, stake details, and commission fees.

• StakePool: Acts as an escrow account, managing funds between stakers and the Sonic staking program.

• UnstakeAccount: Records unstake details such as recipient, amount, and withdrawal index.

Core Roles:

• Admin: Oversees and manages sSONIC network parameters.

How to Get Involved

Required Wallet

To participate, install a compatible wallet. This guide uses Backpack as an example, but other wallets function similarly:

• Backpack

• OKX Wallet

• Nightly

Access the Staking Page

Visit the SONIC Staking App and click “Connect Wallet.”

Connect Your Wallet

Click “Connect” to link your wallet to the staking platform.

Enter Staking Amount

Specify the amount of SONIC you want to stake. Review the corresponding sSONIC you will receive and the Annual Percentage Rate (APR). Click “Stake” to proceed.

Confirm Transaction

Upon clicking “Stake,” your Backpack wallet will prompt you to review the transaction details, including gas fees. Click “Confirm” to sign the transaction. Wait for confirmation and successful completion of the staking operation.

With the introduction of Chaos Finance, StaFi’s SubDAO model continues to drive the evolution of decentralized liquid staking solutions, expanding opportunities for users across the SONIC ecosystem. Stay tuned for further updates on LSaaS and the next wave of innovations!

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

In recent years, the development of AI-assisted tools has significantly enhanced the efficiency of web and software development. Two such tools—Vercel V0 and Cursor—have garnered attention for their ability to streamline application and code development processes. This report explores the functionalities of these tools, their underlying technical foundations, and their potential implications for LSaaS (Liquidity Staking as a Service) development, particularly in the realm of AI-powered staking code IDEs.

Vercel V0: Dynamic Web Application Generation

Vercel V0 is a powerful tool built on top of shadcn/ui, a component library optimized for building modern web applications. It enables developers to dynamically generate web applications with pre-built, high-quality UI components, reducing the need for manual UI design and development.

Technical Overview

• Component-based design: Built using shadcn/ui, a library based on Tailwind CSS and Radix UI primitives, ensuring flexibility and consistency in UI development.

• Dynamic generation: Utilizes server-side rendering (SSR) and static site generation (SSG) to optimize performance and load times.

• Seamless deployment: Integrated with Vercel’s serverless architecture, supporting edge functions and global content delivery for enhanced scalability.

• API-driven integration: Supports fetching data from multiple sources, enabling real-time content updates without extensive backend modifications.

• Extensibility: Developers can add custom components or extend existing ones, making it highly adaptable to different project requirements.

By lowering the barrier to creating high-quality web applications, Vercel V0 accelerates development cycles and enhances productivity for both individual developers and teams.

Cursor: AI-Powered Code Development IDE

Cursor is an AI-enhanced IDE designed to assist developers in writing, modifying, and debugging code more efficiently. It leverages AI-powered features such as:

• Code autocompletion: Uses machine learning models trained on vast code repositories to predict and complete code snippets, reducing redundant typing.

• Issue resolution: Implements context-aware debugging where AI can detect, suggest fixes, and explain errors in real time.

• Context-aware modifications: AI-driven refactoring tools help optimize code structure while maintaining logic integrity.

• Automated documentation generation: Generates in-line documentation and function explanations based on code context, improving maintainability.

• Version control integration: Works with GitHub and GitLab, enabling AI-assisted pull request reviews and commit suggestions.

Cursor significantly reduces the time spent on repetitive coding tasks and debugging, allowing developers to focus on high-level problem-solving and architectural decisions.

Implications for LSaaS Development

LSaaS platforms, particularly those dealing with Ethereum Liquid Staking Derivatives (LSDs) and EVM-based LSDs, rely on complex smart contract infrastructure and staking mechanisms. The emergence of AI-driven tools like Cursor and dynamic UI generators like Vercel V0 presents a significant opportunity for LSaaS providers - Potential Technical Integrations

• AI-powered staking IDE: By leveraging large language models (LLMs) trained on Solidity and Rust, LSaaS projects can develop specialized IDEs for writing, testing, and deploying staking-related smart contracts with AI-assisted debugging and optimization.

• Pre-built staking UI components: Utilizing Vercel V0’s modular architecture, LSaaS platforms can provide pre-built, customizable front-end solutions tailored for staking services.

• Automated contract deployment pipelines: LSaaS projects can integrate AI-powered deployment scripts that verify staking contract parameters and optimize gas usage before deployment.

Conclusion

The convergence of AI-assisted development tools and LSaaS platforms holds immense potential for innovation in the staking ecosystem. By integrating dynamic UI generation and AI-enhanced coding tools, LSaaS providers can streamline smart contract development, improve security, and increase accessibility for developers. This evolution is likely to drive greater adoption of liquid staking solutions and improve the overall efficiency of the decentralized finance (DeFi) ecosystem.

As AI continues to advance, future iterations of AI-powered IDEs and web development frameworks could further automate staking infrastructure deployment, improve user experience, and enhance security, making LSaaS solutions more accessible and efficient for developers worldwide.

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

Accelerating LSaaS Adoption

With StaFi LSaaS now fully developed, the focus has shifted to adoption. The team has launched grants and pitched the service to numerous partners, aiming to drive wider usage. However, despite these efforts, both the StaFi team and community believe the growth needs to accelerate.

Introducing SubDAOs

As part of the rebrand, StaFi DAO will introduce SubDAOs, a groundbreaking move that will foster decentralization and innovation. Each SubDAO will function as an independent Liquid Staking Token (LST) protocol with its own token, empowering developers and communities to create tailored staking solutions while maintaining the integrity of the StaFi ecosystem.

To enhance adoption and scalability, StaFi will leverage SubDAOs to build new LST protocols using LSaaS. These SubDAOs will not only introduce fresh innovations but will also operate with independent tokens, ensuring each entity can evolve according to its specific community's needs while remaining aligned with the broader StaFi ecosystem.

All SubDAO LST protocols will be built entirely upon StaFi LSaaS's rich components and tools. SubDAOs will become the best representatives and use cases for LSaaS, while simultaneously, LSaaS will announce significant updates that will be revealed soon.

StaFi DAO's Stake in SubDAOs and Value Distribution to FIS Holders

To further integrate SubDAOs within the StaFi DAO ecosystem, StaFi DAO will maintain a strategic allocation of each SubDAO's tokens, reinforcing alignment between new LST protocols and the broader StaFi LSaaS framework. This approach creates a unified decentralized ecosystem while preserving the innovative autonomy of individual protocols.

Importantly, each SubDAO will contribute a designated percentage of its tokens to the StaFi DAO Treasury. This structured mechanism will significantly enhance the value proposition of the entire StaFi ecosystem and, by extension, increase the intrinsic value held by FIS token holders.

Rather than simple airdrops, StaFi DAO is committed to creating sustainable value flow back to FIS holders, with specific details on value distribution mechanisms and potential subDAO tokens allocation formats to be announced in forthcoming communications.

This value accrual model creates a virtuous cycle where the success of each SubDAO directly contributes to the overall StaFi ecosystem strength and the value proposition for every FIS holder.

A comprehensive update regarding the StaFi DAO Treasury portfolio, including detailed allocations of SubDAO tokens and projected value impact assessments, will be published in upcoming announcements. This transparent approach ensures all stakeholders can clearly understand how the SubDAO integration contributes to the collective growth and sustainability of the StaFi LSaaS ecosystem.

This is just the beginning of the StaFi Revamp Wave. In the coming weeks, we will reveal more details about different aspects of the revamp, including the economic model and SubDAOs. The StaFi Wave has set sail against the tide, ushering in an era of accelerated innovation. Stay tuned!

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.

Overview

The DAO Treasury FIS multisig wallets (2025.3.3 snapshot)

• 32khQjt9vK6HBcUGgVJsxQXwRXPz5E9E83WKuvfMoK5CnPw9: 2,236,744 $FIS

• 34wBXY2fzPnfikEXpGbUzqWV3r2B44iJgV5wPaB5YNrxpj3Z: 3,322,994 $FIS

• 33aRRH6B8YyUBBhR2Cppj6s7S8dJfsmMpievnLiMY4JRUsmD: 3,388,015 $FIS

• 31FTe87cgmBdp4DueiCrEqVNoc4mpmwERQ2nGPyHduASuAEa: 4,549,581 $FIS

• 335ye5dGBCM74P1m6gfNytbUfk5cHVXnqBDvUakqvGANDp1Q: 5,139,562 $FIS

• 31VApuoJa5raPEzjQNKRjyrwuRsbN7YjHzrypxnPCwXLUAfo: 6,472,069 $FIS

• 31PyqxDqAXwvADAyLSuieRe7YnH7PduZSMxgVA1CbK4oYoDC: 16,076,421 $FIS

• Sum: 41,185,386 $FIS ( v.s. 44,169,734 $FIS )

DAO Treasury EVM Wallets

• Ethereum: 0xe300966c51437ee65bc24dec3b338cf2e1a625cf

• SEI: 0x56f8c806Aff5c4a3c1fBb62330cCA5683c51Ad0D

https://proposals.stafi.io/proposal/boostingdvt/

Transfer

• Developer Cost: 100,000 $FIS

• rETH Campaign Incentive: 80,000 $FIS

https://stafi.subscan.io/extrinsic/23182133-2

https://stafi.subscan.io/extrinsic/23452891-2

FIS Burn

• Treasury FIS burn: 406,379 $FIS

https://stafi.subscan.io/event?page=1&time_dimension=date&module=treasury&event_id=burnt

https://mirror.xyz/0xBABf7e6b5bcE0BD749FD3C527374bEf8919cC7A9/JqBVbbSEyA-PsiYyDjZF-fIIjVaG6LbdIKYfSPDu9Fc

rToken Revenue

StaFi charges a commission ranging from 5% to 10% from different LSD, and an additional redemption fee may apply. These fees will be sent to the treasury pool as protocol revenue.

https://docs.google.com/spreadsheets/d/1ZH9F78INKS06O5h7aRWU-2pF0EKAZvhtHgVJPH3C5ZY/edit?gid=0#gid=0

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.