Move the Mic – Episode 2
Welcome to the second installment of Move the Mic, our interview series spotlighting innovative builders in the Aptos ecosystem. This time, we sat down with the team behind Kofi Finance, a Liquid Staking Protocol aiming to make staking on Aptos not only more accessible but also more rewarding. With a focus on MEV-boosted yields and user-friendly design, Kofi Finance is reshaping how users interact with DeFi on Aptos. In this interview, we explore their mission, what makes them unique, and what’s coming next.
Neşe: Can you tell us about your project and its main objectives within the Aptos ecosystem.
Kofi Finance: Kofi Finance is a Liquid Staking Protocol on Aptos, focused on delivering MEV-boosted staking yields to maximize returns for users. Our main objective is to enhance DeFi accessibility within the Aptos ecosystem by providing a seamless staking experience.
Neşe: What’s one thing about your project that you think would surprise people who aren’t familiar with it?
Kofi Finance: Many assume Liquid Staking Protocols are complex, but Kofi Finance is surprisingly user-friendly. Users simply deposit APT through our intuitive interface and start earning yields effortlessly.
Neşe: If your project were an animal, what would it be and why?
Kofi Finance: Our mascot is Kochi :), but if Kofi Finance were an animal, it would be a buffalo—strong, dependable, and a trusted partner for stakers seeking consistent yields in the Aptos ecosystem
Neşe: What’s the funniest or most unexpected thing that’s happened during your development process?
Kofi Finance: As builders transitioning from Ethereum, we were pleasantly surprised by the overwhelming support from the Aptos community.
Neşe: For someone new to the Aptos ecosystem, seeing kAPT and stkAPT might be a bit confusing. Could you explain the difference between them?
Kofi Finance: kAPT is a token fully redeemable for APT at a 1:1 ratio, ideal for trading or holding. In contrast, stkAPT is a yield-bearing token that grows in value over time through MEV and staking rewards, perfect for earning passive income.
Neşe: What is your future plans?
Kofi Finance: We plan to collaborate closely with Aptos to support its vision of becoming a global trading engine. Kofi Finance will provide reliable MEV trading infrastructure and enhance APT yields, with plans to integrate with more Aptos DeFi protocols and launch new staking features in the coming year yields.
Kofi Finance is steadily carving out its place in the Aptos ecosystem by making liquid staking more accessible and rewarding for everyone. With a user-friendly interface, MEV-boosted yields, and a strong vision for the future, the project is poised to play a key role in the next chapter of DeFi. Huge thanks to the Kofi team for sharing their journey with us!
To learn more and stay up to date, make sure to check out their X: https://x.com/kofi_finance