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Stafi

FIS

Rank #901
$ 0.4387
+ 2.38%
24H Low$0.4233
24H High$0.4474
24H Volume
5.14M
All-Time High(ATH)
$4.7
All-Time Low(ATL)
$0.1766
Market Cap
24.68M
Fully Diluted Valuation
49.98M
Market Cap/FDV
0.4939
Circulating Supply
56.34M FIS
Total Supply
114.08M FIS
Max Supply
114.08M FIS
Market Sentiment
--
* Data from 3rd parties

Stafi (FIS) Price Trends

Time period
Change amount
% Change
1H
$ 0.0009635
0.22%
24H
$ 0.01046
2.38%
7D
$ 0.005212
1.19%
14D
$ 0.03018
6.88%
30D
$ 0.01823
4.16%
1Y
$ -0.1440
-32.83%

Live Stafi (FIS) Price Update

Stafi price today is $0.4387 with a 24-hour trading volume of 5.14M, and as such Stafi has a market cap of 24.68M, giving it a market dominance of 0%. The Stafi price moved 2.38% in the last 24 hours.

Stafi reached its highest price on 2021-03-19 when it was trading at its all-time high of $4.7, while its lowest price was recorded on 2022-05-12 when it was trading at its all-time low of $0.1766. The current lowest price since the last cycle high was $0.1766, and the highest price since the last cycle low was $4.7. The social sentiment of Stafi is currently Positive.

The current circulating supply of Stafi is 56.34M FIS. In terms of market cap, Stafi is currently ranked 901.

About Stafi (FIS)

Stafi is a defi protocol that frees up the liquidity of pledged assets. Users can mortgage POS tokens (e.g. dot, FIS, etc.) through the stafi mortgage contract, and obtain rtoken (e.g. rdot, RFIs, etc.) as a return. These tokens can be used for trading to hedge against market fluctuations, while still obtaining mortgage income. FIS is a native functional token of the stafi protocol, which is used for the following functions: Mortgage: the verifier in the stafi consensus needs to take a stake in FIS to join the consensus network, and the nominee needs to mortgage FIS to participate. Transaction costs: to avoid system abuse, the initiator of the transaction must pay FIS to access computing resources. In this way, invalid transactions will be eliminated, similar to the functions of other Boca chains. Chain Governance: FIS holders can participate in changing stafi protocol parameters, vote for protocol upgrade and determine the development process. Anyone can make a proposal to the agreement, but only FIS holders can vote for or against the proposal, that is, one FIS account represents one vote. Value acquisition: most of the platform fees (transaction fees and liquidity fees) of the stafi protocol will be used to fund the repurchase and combustion of FIS tokens. According to the governance decision, the distribution of stafi income may change. Stafi releases the liquidity of mortgaged assets through mortgage contracts. The agreement consists of the following main components: rtoken: rtoken is a derivative asset issued by stafi based on mortgage tokens. Holding rtokens means that you can apply for redemption of native mortgage tokens at any time. This also means that the holder of rtoken has the right to receive the proceeds of the mortgage token. Mortgage contract: a set of codes containing the core functions of stafi, such as pledge, redemption and transaction. It also records the mapping relationship between rtoken and the underlying mortgage token. The role of mortgage contracts in stafi is similar to that of CDP contracts in makerdao. Multi sign account: stafi is used to manage mortgage tokens and temporary accounts participating in mortgage. Stafi special verifier (SSV): the difference between SSV and SV is that SSV is responsible for managing multi signature accounts and verifying the original chain transaction status. They use multi signature transactions to process collateral tokens in their accounts.

FAQs

1. What determines the price movement of Stafi?

There are two schools of thought in determining the price of Stafi.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Stafi, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Stafi from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Stafi on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Stafi as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Stafi and the cryptocurrency market as a whole.

Date
Market Cap
Volume
Open
Close
2024-03-01
$4.49M$26.97M$0.4780N/A
2024-02-29
$3.73M$26.29M$0.4668$0.4780
2024-02-28
$3.86M$25.85M$0.4593$0.4668
2024-02-27
$5.25M$25.45M$0.4511$0.4593
2024-02-26
$2.71M$25.1M$0.4456$0.4511
2024-02-25
$2.72M$24.9M$0.4421$0.4456
2024-02-24
$4.42M$24.48M$0.4339$0.4421
2024-02-23
$5.09M$24.54M$0.4377$0.4339