Adaora Anders
4 min readAug 28, 2021

rMATIC joins the rToken Gang: What To Expect

A few months ago, StaFi began its journey towards liberating users of PoS chains from the shackles of a liquidity crunch problem. The movement led to the birth of the rToken, a synthetic derivative of a base token. As StaFi covered more grounds, more rTokens were created.

From rETH to rDOT and rATOM, the numbers kept increasing. Today, rMATIC joins the prestigious group.

rMATIC — Backstage

rMATIC’s emergence isn’t by chance. There’s a lot that happened behind the scenes before this synthetic derivative came into being. The Polygon Chain launched a Grant to support developers interested in building dApps on the chain. Unsurprisingly, lots of projects indicated interest, including StaFi.

The uniqueness of StaFi objective of unlocking liquidity in PoS chains is novel, even in the highly innovative crypto space. This explains StaFi getting the Polygon Foundation Grant a few months ago.

StaFi will use the grant to develop the rMATIC solution. The Polygon foundation will provide StaFi with all the data they need to make rMATIC a success.

What is rMATIC?

Polygon, like any proof of stake, requires users to stake MATIC. — securing the network in the process — and earning rewards. StaFi aims to provide stakers access to their liquidity held within the Polygon Chain. The rMATIC makes it all possible. rMATIC is the synthetic staking derivative of MATIC. You get the rToken when you use the StaFi rAPP in staking MATIC.

The rMATIC serves as the connection between the MATIC tokens staked and the reward generated from staking MATIC. It’s also proof that you staked MATIC through the StaFi protocol.

Through rMATIC, StaFi solves the long unbonding time associated with staking MATIC on the Polygon Chain. You can sell rMATIC without waiting nine days to get your MATIC stake.

What The rMATIC Inclusion Means For The rToken Multiverse

StaFi protocol unlocks liquidity in Proof of Stake (PoS) chains through synthetic derivatives called rTokens. The protocol hopes to create a multiverse where rTokens are much more than receipts of staking. That will change, albeit slowly. StaFi’s purpose for tolling the rToken route is to offer users a get out of jail card for inaccessible staked assets. The addition of rMATIC means the Polygon Chain joins the moving train.

With the addition of rMATIC, those staking MATIC on Polygon can now do it through the StaFi protocol. And they can trade the synthetic staking derivative whenever they like. Also, rewards accrued during the staking period add to the value of the rToken. The importance of the rMATIC addition is not only limited to its liquidity unlocking offering, but the ripple effect it has on the entire crypto space.

With Ethereum’s expensive gas fees, more people are looking for alternatives. Polygon offers Ethereum scaling, so it’s the next best thing. The ease of using the Polygon Chain and its almost zero fees explains its appeal to dapp developers and users. By adding rMATIC to its line of synthetic staking derivatives, StaFi expands its dragnet.

As more people use the StaFi protocol, the ecosystem is better for it. The protocol achieves its decentralization agenda. More people will require FIS, which is the native token of the StaFi protocol. The result is a more vibrant protocol, rolling out new products and following their roadmap.

Expectations for rMATIC

With the integration of the Polygon network, there’s a ton of possibilities for the rMATIC. Sure, you can trade the synthetic staking derivative easily — nothing new here. Since Polygon provided a grant to the StaFi Protocol towards the inclusion of the Polygon Chain, we can expect lots of use cases for rMATIC.

Having the stamp of the Polygon Chain will open a window of opportunities for the synthetic staking derivative. More projects will be enthusiastic about giving rMATIC the power it deserves.

With rMATIC StaFi’s joining the chains of rTokens, there are numerous collaboration plans, a lot is in the offing for the synthetic staking derivative. Imagine being able to lend rMATIC and earn interest in the process. There’s a fair share of lending platforms on Polygon, so it shouldn’t be hard to make rMATIC accept collateral on any of those protocols.

StaFi Partners With Liqee

StaFi has recently partnered with Liqee, a lending platform for synthetic derivative derivatives. Holders of rETH, rDOT, and rATOM can now offer these assets as collateral for the relevant asset on Liqee. Though this opportunity is limited to the three rTokens — rETH, rDOT, and rATOM — it’s believed that rMATIC will join the elite trio once the development of the rMATIC product is complete.

Besides the lending possibility, there’s a yield farming potential. Currently, you can use several rToken in farming other assets. rETH holders are at the moment farming CRV on CURVE. rToken holders enjoyed the privilege of the WRA fair launch. They got WRA tokens just by taking rToken. As soon as the rMATIC app is ready, we can expect a lot for the synthetic staking derivative. Of course, this won’t happen overnight, so patience is needed. StaFi is building the rMATIC product, which will act as the portal for a lot more products.


StaFi has been consistent in its devotion towards making PoS blockchains more attractive to users. Its latest addition — rMATIC — is set to bring the Polygon Chain into the picture. With the many projections for the rMATIC, the liquid solution is bound to be more than a panacea for a liquidity crunch.

For more information, visit these websites below:


rToken App:

Twitter: @Stafi_Protocol

Telegram Chat:

Telegram Announcements: