LSD agreement StaFi reduced the commission fee of its pledge derivatives from 19% to 10%

It is reported that the liquid pledge derivative agreement StaFi has reduced the commission fee of its pledge derivative products from 19% to 10% to improve the product utilization rate. Of the 10% commission, 5% will be allocated to the verifier, and the other 5% will be allocated to StaFi DAO Treasury. The distribution of the remaining 90% of Ethereum rewards will be determined by evaluating the ratio of the verifier’s capital investment to the user’s capital investment.

Interpretation of this information:

The message above is about StaFi, a liquid pledge derivative agreement, which has decided to lower the commission fee of its pledge derivative products from 19% to 10%. The primary reason behind this step is to improve the utilization rate of the product, which indicates that StaFi was possibly facing a challenge in attracting enough customers to its platform.

The commission fee reduction is expected to make the platform more attractive since the cost of using StaFi’s services has gone down by almost half. The decreased commission fee will be split into two parts: the verifier, who verifies the assets pledged by the users, will receive 5%, and the remaining 5% will go into StaFi DAO Treasury.

This commission fee structure benefits both StaFi and the verifiers as both parties will receive a portion of the commission fee. This is expected to create a more incentivized environment for the verifiers to perform their role diligently, which can, in turn, increase customer trust in StaFi’s platform.

Moreover, the message also states that the rewards distribution for Ethereum will be based on the ratio of the verifiers’ capital investment to the users’ capital investment. This approach is aimed at ensuring that the rewards are distributed fairly and transparently among the platform stakeholders according to their investment.

In summary, StaFi’s commission fee reduction will positively impact the utilization rate of its platform, and its commission fee structure will incentivize verifiers to perform their role efficiently. The reward distribution method will also ensure fairness and transparency among the platform stakeholders.

Overall, this message indicates that StaFi is committed to improving the user experience on its platform, which is a positive development for anyone involved in the cryptocurrency and blockchain space, as more user-friendly platforms will only increase adoption rates and boost the industry’s growth.