rMATIC, a decentralized DeFi product produced by StaFi that solves the liquidity problem of staked MATIC on Ethereum mainnet.
rMATIC token is a synthetic staking derivative issued by StaFi when they stake MATIC through the StaFi rMATIC product. rMATIC tokens are anchored to the staked MATIC and the corresponding staking rewards. rMATIC tokens can be transferred and traded at any time.
rMATIC product can help MATIC stakers solve two major issues:
- 1) There will be no need to wait for 80 checkpoints（around 9 days) to withdraw the staked MATIC. Users can transfer and trade rMATIC tokens at any time to liberate liquidity and hedge price risks.
- 2) There is no need to learn the complicated PoS consensus (based on Tendermint) mechanism or staking reward calculation rules if you want to maximize staking rewards. With the rMATIC product, users only follow a few steps to deposit MATIC into the rMATIC contract, which will automatically select the best validator for delegation by the profit maximization strategy.