DeFi Protocol StaFi Nearly Halves Commission Fees for Staking

StaFi’s move to slash commission fees comes in the runup to the Ethereum Shanghai Upgrade, a network upgrade that encompasses a collection of improvement proposals, including one to allow investors to collect their staked, or locked-up, ether. The upgrade, which is slated for March, is expected to boost the number of stakers within the DeFi ecosystem, offering StaFi an opportunity to attract more builders to its protocol.

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