TechFlow news, the liquid staking protocol StaFi announced on X the upgrade and rebranding plan StaFi 2.0. StaFi will transition from a multi-chain LSD protocol to an LSD Infra Layer, with the brand upgrading accordingly.
In terms of tokenomics, FIS will introduce a burn mechanism and add new utilities. Regarding security, building upon existing chain-level security, it will support contract-layer security, including frameworks and support for multiple virtual machines such as EVM and WASM.
StaFi stated that the rebranding will be rolled out in phases, with the first phase commencing in Q1 2024, during which its native token FIS will be renamed; the new name will be revealed later.
Below are some confirmed key dates and plans:
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March 2024: The LSD Infrastructure Layer will go live on testnet, supporting ETH LSD, EVM LSD, and CosmWasm LSD.
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Q2 2024: LRT will also be supported and launched on testnet.
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Q3 2024: The LSD Infrastructure Layer will launch on mainnet based on test results and feedback.
