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Raphael
Raphael

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rBridge Beta Officially Launched — A Cross-chain Bridge on Ethereum Built by StaFi

StaFi is the first DeFi protocol unlocking liquidity of staked assets, StaFi’s vision is to provide liquidity to all staked assets and unlock value through rToken, and (rETH)is seen as an essential part of the rToken‘s universal adoption.
(https://link.medium.com/bVHajzdmZbb)

Over the months StaFi team has been working tirelessly towards the development of rBridge, A cross-chain bridge on Ethereum, rBridge will act as a channel linking StaFi mainnet assets and Ethereum chains. Users can exchange FIS for ERC 20 FIS at a 1:1 rate by using rBridge. Thereafter, they will be able to access transactions, lending and other applications of the DeFi world of Ethereum.

Again, rBridge will help with the cross-chain inter-operation between assets on the StaFi mainnet and other ecosystems, including Ethereum, Polkadot, and Cosmos.

StaFi team hereby announces to the communities and public
that rBridge Beta is officially launched.

Here is a guide on how to use/navigate through the rBridge. (https://docs.stafi.io/rproduct/rbridge/guide-on-mainnet)

  1. CHOOSE NETWORK

Choose StaFi Mainnet
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FUNCTIONS OF rBRIDGE

(1) Click 'rBridge' in 'Account' menu to jump to 'rBridge' page

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(2) Select the FIS account that wanted to swap, then enter the amount and ETH address. Check your input and click 'Make Swap'

Note: The FIS amount you enter will all be converted, and additional commission will be charged from the FIS account.

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(3) Enter the password to your FIS account and click 'Sign and Submit'

Note: Turn on 'unblock for 15min' button then you don't have to re-enter the password in the next 15 minutes. Please make sure your network is safe when that is on.

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CONFIRM WHETHER THE $FIS HAS ARRIVED

(1) Download metamask plugin wallet: https://metamask.io/ if you don't have one.
Import your Ethereum account. This wallet supports import by private key or JS file.

Note: The Ethereum account you import must be the one you use for swap, or the balance will be 0 when you add a token.

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(2) Select Ethereum Mainnet and click 'add token'

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(3) Enter contract address: 0xef3a930e1ffffacd2fc13434ac81bd278b0ecc8d
and click 'next'.

Note: no need to enter the token symbol and decimal of precision, the system will detect automatically.

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(4) Confirm whether the balance of FIS is consistent with what you entered during swap operation. If so, that means you have successfully swapped.

If the FIS balance is 0, check the Ethereum address of this metamask wallet is the same as what you entered when you swapped. If not, please re-enter the Ethereum address.

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In less than 1 minute, the user will receive FIS tokens in ERC 20.

It should be noted that rBridge makes it really convenient for users so that they do not need to pay the commission by their ETH wallet while connecting to the StaFi wallet. We will pay on behalf of them, so they only need to pay FIS by the current FIS/ETH exchange rate.

To encourage everyone to use rBridge products, we will not charge any service fees at the beginning.

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