StaFi (FIS) currency total circulation and introduction to online exchanges

StaFi (FIS) is a native utility token of StaFi Protocol, which unlocks liquidity of staked assets, and it has a total circulating supply of 474,687,500 FIS.

Jan 05, 2025 at 04:36 pm

StaFi (FIS) Currency Total Circulation and Introduction to Online Exchanges

Key Points:

• StaFi (FIS) is a native utility token of StaFi Protocol, a decentralized protocol that unlocks the liquidity of staked assets.
• The total circulating supply of FIS is 474,687,500 FIS.
• FIS is traded on several cryptocurrency exchanges, including OKX, Gate.io, MEXC Global, Huobi Global, and Binance.

Total Circulating Supply of StaFi (FIS)

StaFi (FIS) is a native utility token of StaFi Protocol, a decentralized protocol that unlocks the liquidity of staked assets. By leveraging the rToken model, StaFi allows users to stake their assets such as DOT, ETH, and ATOM and receive rTokens in return. These rTokens represent the staked assets and can be traded, borrowed, or loaned while the original assets continue to earn staking rewards.

The total circulating supply of FIS is approximately 474,687,500 FIS. The token distribution is as follows:

• Staking Reward: 40%
• Team and Advisors: 15%
• Marketing and Ecosystem: 15%
• Seed Round: 10%
• Private Sale: 5%
• Public Sale: 5%
• Community Reserve: 10%

Online Exchanges Offering FIS Trading

FIS is traded on several major cryptocurrency exchanges, including:

• OKX: OKX is a leading cryptocurrency exchange with a wide range of trading pairs for FIS. It offers high liquidity and advanced charting tools for professional traders.
• Gate.io: Gate.io is another reputable exchange that offers FIS trading with a variety of fiat and cryptocurrency pairs. It has a user-friendly interface and supports multiple languages.
• MEXC Global: MEXC Global is a fast-growing exchange that provides spot, margin, and futures trading for FIS. It offers low trading fees and a mobile app for convenient trading.
• Huobi Global: Huobi Global is a long-established exchange with a large user base and a wide selection of cryptocurrencies. It supports FIS trading with multiple fiat pairs.
• Binance: Binance is the world's largest cryptocurrency exchange and offers FIS trading with high liquidity and a variety of trading pairs. It also supports staking and earning rewards for FIS.

How to Purchase FIS:

Each exchange may have slightly different procedures for purchasing FIS. Generally, you can follow these steps:

• Create an account on the chosen exchange and complete the verification process.
• Fund your account using supported payment methods (fiat or cryptocurrencies).
• Locate the FIS trading pair and place a buy order.
• Specify the amount of FIS you want to purchase and select the order type (market, limit).
• Confirm the order and wait for it to get filled.

Note: Make sure to research the exchange you choose and ensure it is reputable and secure before providing any personal or financial information.

FAQs

Q: What is StaFi Protocol?
A: StaFi Protocol is a decentralized protocol that unlocks the liquidity of staked assets. It allows users to stake their assets and receive rTokens that represent the staked assets, which can be traded, borrowed, or loaned while continuing to earn staking rewards.

Q: What is the use case of FIS?
A: FIS is the native utility token of StaFi Protocol. It is used for:

* Paying transaction fees on the StaFi network
* Staking to secure the network and earn rewards
* Participating in StaFi's governance processes

Q: How do I stake my FIS tokens?
A: You can stake your FIS tokens on the StaFi Protocol website or through supported cryptocurrency wallets.

Q: Can I buy FIS tokens with fiat currency?
A: Yes, you can purchase FIS tokens with fiat currency on some exchanges, such as OKX and Binance, which support fiat on-ramps.

Q: Is FIS a good investment?
A: The value of FIS, like all cryptocurrencies, can fluctuate significantly. It is important to do your own research and assess your risk tolerance before making any investment decisions.