SHUI SHUI Price

What is SHUI (SHUI)?

SHUI is a liquid staking protocol built on the Conflux network that allows users to earn rewards without locking up their assets. This means users can participate in staking activities while retaining the liquidity of their assets, giving them both flexibility and earning potential.

How Does SHUI Work?

SHUI enables users to stake assets securely and smoothly without custodianship, meaning users maintain full control. By staking through SHUI, users receive "sCFX" tokens, representing their staked assets, which continue earning rewards. SHUI applies a 10% fee on all staking rewards, which goes into a treasury to support incentives for users, validators, and other community activities determined by SHUI’s DAO.

What is the SHUI Token?

SHUI Token is the governance token of the protocol, allowing holders to propose and vote on important protocol decisions. This decentralized governance model empowers the community to help shape the future of SHUI’s development and growth.

What’s Next for SHUI?

The SHUI roadmap includes establishing a decentralized autonomous organization (DAO) structure. This community-centered approach will give SHUI Token holders a key role in guiding the protocol’s ongoing development and governance.

In short, SHUI offers Conflux network users a flexible, decentralized way to earn staking rewards while retaining control of their assets.

What is unique about SHUI (SHUI)?

SHUI is unique because it allows users to earn staking rewards on the Conflux network without locking up their assets, providing both liquidity and reward opportunities in a non-custodial, decentralized format.

Who are the founders of SHUI (SHUI)?

The founders of SHUI have not been disclosed, emphasizing the protocol's focus on decentralized governance through its DAO and SHUI token holders.