Shui

Shui.finance operates as a decentralized, non-custodial liquid staking protocol built on the Conflux blockchain. The protocol's primary function is to offer users the ability to stake their digital assets and accrue rewards without the typical lock-up period, thus preserving asset liquidity. This is achieved by issuing a liquid token, SCFX, in exchange for the staked Conflux (CFX) tokens, which can then be used in other decentralized finance (DeFi) applications.

The firm's strategic positioning is within the DeFi sector, specifically catering to cryptocurrency holders on the Conflux network who seek to maximize their yield through staking while retaining immediate access to their capital. This model addresses a core inefficiency in traditional staking mechanisms. Shui.finance has secured backing through a seed funding round. The round was led by BlockBooster and saw participation from the Conflux Foundation, indicating a degree of confidence from key players within its operational ecosystem.

The protocol generates value by enabling participation in the network's security and consensus through staking, and in return, users receive staking rewards. Transactions and staking activities are managed through smart contracts on the Conflux network, aligning with the broader DeFi movement towards peer-to-peer financial systems that minimize reliance on traditional intermediaries. The protocol can be accessed through decentralized exchanges like Swappi for trading its liquid staking tokens.

Keywords: liquid staking, decentralized finance, Conflux network, DeFi protocol, asset staking, yield generation, crypto assets, blockchain finance, staking rewards, non-custodial protocol, SCFX token, BlockBooster, Conflux Foundation, digital asset management, crypto liquidity, peer-to-peer finance, staking protocol, Swappi exchange, CFX staking, crypto yield