StaFi, a DeFi application built on Polkadot, has locked staking tokens worth $205 million bonded across 1,767 addresses. The project allows PoS token holders to stake their assets and provides them with tokens that represent these staked positions. ATOM tokens become rATOM, Polkadot’s DOT tokens become rDOT, and many other PoS blockchains. This is similar to the creation of yUSD, cUSD, or sUSD on existing DeFi platforms like yEarn, Compound, and Sythetix Network. By unlocking the...