StaFi LSD StackHow to deploy an EVM LSD stack
This guide provides a step-by-step script to deploy an EVM LSD project, without deep understanding of contracts and services. Read the documentation for comprehensive understandings of these components.
Step1. Deploy your LSD network contracts
61 Lab have made StaFi LSaaS for project parties to deploy their LSD network contracts.
Why LSD Token could not be changed?
As being the heart of the LSD network, LSD token must be stable, reliable and trustable. Users hold LSD Token as a receipt of staking so it could not be changed.
Which Token Type should I choose?
Standard LSD Token:
- Provided by StaFi Stack
- ERC-20 compatible
- Ready to use
Several Procedures required before using Custom LSD Token:
- Implement your own LST logic which comply with [Stack's standards](TBD: definition of LSD Token Standards).
- Deploy your contract
- For security reason, please request 61Lab for whitelisting your token
Parameter Tips
Owner Address: sets the owner of the LSD network being created.
Owner Permissions:
- Upgrade contracts
- Adjust commission fee
- Adjust duration of era
- Nominate voter manager
- Adjust parameters
Validator Number:
- How many validators you intend to set
- Highly recommend to set more than 1
- The more validators you set the more decentralized advantages the network gets
- Browse all Sei active validators on Testnet or Mainnet
- Browse all BNB Smart Chain active validators on Testnet or Mainnet
- Browse all Polygon active validators on Validator list, make sure you select the correct network: mainnet or testnet
Rewards Distribution
Rewards distribution is crucial to project parties. Commission fee of users is set default as 10% and StaFi Stack fee is 10% of the project income. for example, if 100Token rewards received from the chain, the distribution will be:
| Role | Amount(Token) | Formula |
|---|---|---|
| Users | 90 | 100*(1-0.1) |
| Project | 9 | (100-90)*(1-0.1) |
| StaFi Stack | 1 | 100-90-9 |
Save all the information generated
The LSD network has a set of smart contracts, so you should save all the information which you will interact frequently with, such as LSD App, and Relay service.
- LSD Network Factory address
- Owner address
- LSD Token address
- Stake Manager address
- Stake Pool address
- Validators address
Step2. Run relay service
Follow this doc to run relay service