Thorfi Staking Platform
Ammar Haider
➡️Overview: Rewards Yielding platform, built on top of Vesper Protocol
➡️Tech: Smart Contract, ReactJS, Material UI, Subgraph, API Integration
✅Deposits worth $200,000 were registered within a week of the launch.
✅Broadened user engagement with multiple staking options, ensured a seamless transition for users, and introduced innovative, scalable staking mechanisms that strengthened ThorFi’s DeFi presence.
✅Enhanced $THOR utility through a "Stake-to-Access" model for Vesper Pools.
✅20 % drop in emissions by replacing SSS (Single-Sided Staking) pools and generated additional revenue through staking fees and $VSP earnings.
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Posted Jan 8, 2025
ThorFi, built on Vesper Protocol, raised $200000 in deposits, enhanced $THOR utility, and reduced emissions by 20% while increasing revenue through staking fee.
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