How to Buy StaFi Staked SOL Crypto (RSOL)
What is StaFi Staked SOL(RSOL)?
According to Coingecko, StaFi Staked SOL is : What is the project about? rSOL, a decentralized DeFi product produced by StaFi that solves the liquidity problem of staked SOL on Solana mainnet. rSOL token is a synthetic staking derivative issued by StaFi when users stake SOL through the StaFi rSOL App. rSOL tokens are anchored to the staked SOL assets and the corresponding staking rewards. rSOL tokens can be transferred and traded at any time. What makes your project unique? rSOL App can help SOL stakers solve two major issues: - There will be no need to wait for a 3 days cooldown period to withdraw the staked SOL assets. rSOL App users can transfer and trade rSOL assets at any time to liberate liquidity and hedge price risks. - There is no need to learn the complicated Tower BFT consensus mechanism or staking reward calculation rules if you want to maximize staking rewards. With rSOL App, users only need to follow a few steps to deposit SOL into the rSOL contract, which will automatically select the best validator to delegate by the profit maximization strategy. History of your project. StaFi has launched rETH, rMATIC, rSOL, rATOM, rBNB, and other tokens to solve the liquidity problem. What’s next for your project? What can your token be used for? rSOL can be swapped for FIS and other rToken in a DEX.
Where can I buy RSOL Crypto?
You can buy StaFi Staked SOL on Bonfida. One of the best Decentralized Exchanges on Solana.
How to Buy StaFi Staked SOL Crypto?
Step 1 - Setting up a Phantom Wallet
Phantom is by far the most used walled in the world of Solana. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Solana Network, Phantom will be your best friend. Setting up the wallet is also very simple and easy.
Head over to https://phantom.app/download and click on the browser that you're using to download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.
You are now the Welcome Page of Phantom. Click on 'Create a new wallet' Now type your password.' Choose a strong password for your Phantom wallet and continue.
Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.
Click on reveal your backup phrase and write down every word on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, confirm everything is correct and click "Done". You should be done now with the wallet.
Step 2 - Buy Solana on Simpleswap
Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy SOL and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.
Click here to access Simpleswap
Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for SOL, and click "Exchange", just like this:
Now we need to copy our Solana address from the Phantom wallet. Open the Phantom extension, hover your account name and click the copy button on the Solana address, just like this:
After you copy your address, just paste into here:
And click "Create an Exchange"
You can now choose between Google Pay or card to complete the payment:
Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.
Step 3 - Swap SOL to StaFi Staked SOL on Phantom
The easiest way to trade tokens on the Solana Chain is right on the Phantom wallet. Select this tab at the bottom
Before we swap SOL for RSOL, we need to prepare your Phantom Wallet to receive StaFi Staked SOL. Open Phantom, Click "Manage Token List", and press the "+" this icon on the right.
This operation will have a small cost in SOL as you can see above.
Now fill in like this:- Mint Address: 7hUdUTkJLwdcmt3jSEeqx4ep91sm1XwBxMDaJae6bD5D
- Name: StaFi Staked SOL
- Symbol: RSOL
Click "Add", confirm and you should be done
You can check the price and confirm the correct token address of StaFi Staked SOL on Coingecko.
Let's buy some StaFi Staked SOL!
Click on this tab to access the swap tools
About You'll see the swap details. You now need to select the token you want to trade SOL to. So click on the token that you'll receive and choose StaFi Staked SOL
Now select the amount of SOL you want to trade to RSOL
Make sure everything is correct, confirm and accept, and you should be done!
Wait a few minutes, and your RSOL should appear on your Phantom Wallet.
Congratulations! You are now a proud Investor of StaFi Staked SOL!
Why should you buy StaFi Staked SOL?
StaFi Staked SOL is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.
Check out StaFi Staked SOL links:
Website: https://www.stafi.io/
Twitter: https://twitter.com/StaFi_Protocol
Telegram: https://t.me/stafi_protocol
Explorer: https://solscan.io/token/7hUdUTkJLwdcmt3jSEeqx4ep91sm1XwBxMDaJae6bD5D
Please make sure you read our Disclaimer. We are not financial advisors.
