Staking and Restaking

Staking and Liquid Staking

Blockchain networks like Solana use consensus mechanism to validate transactions securely and in a decentralised manner. When you stake SOL tokens with a validator, you contribute to Solana's decentralisation and performance, earning rewards in SOL every epoch.

To enhance Solana's security and decentralisation, it's crucial to have a significant amount of SOL staked with efficient validators. However, the growing DeFi ecosystem often leaves a considerable amount of SOL unstaked for daily use.

Solistic Finance addresses this challenge by offering liquid staking. Users stake their SOL and receive sSOL, a liquid token usable as collateral in DeFi while still accruing staking rewards. Solistic distributes staked SOL across more than 300 validators, selected and rebalanced each epoch using a transparent, permission-less formula.

Stake pools on Solana allow delegators to stake with multiple validators simultaneously. By participating in Solistic's stake pool, users receive sSOL tokens, which can be immediately utilised in various DeFi applications.

This approach benefits the Solana network by promoting decentralisation through widespread stake distribution. Solistic's validator selection criteria ensure both geographical diversity and high performance, supporting network health without compromising yields for stakers.

Solistic Finance's sSOL achieves the dual goals of providing competitive yields and supporting network decentralisation. Validators must meet strict performance and decentralization criteria to receive stake allocation from the Solistic pool.

Key Features

Advanced Validator Monitoring

Solistic employs a sophisticated platform that continuously monitors all Solana validators, delegating user stakes to over 300 of the highest-performing nodes. This ensures optimal SOL staking rewards through an automated strategy designed by the core development team.

Flexible Staking Options

Users can choose between two staking methodologies:

1. Native Staking

2. Liquid Staking (SOL to sSOL conversion)

Both options utilise the same curated set of high-performance validators, ensuring consistent quality across staking methods.

Liquid Staking Mechanism

The liquid staking process involves a smart contract that mints sSOL ("Solistic SOL") tokens to users who stake their SOL. These sSOL tokens serve as versatile collateral across the Solana DeFi ecosystem.

sSOL Value Proposition

The value of sSOL appreciates relative to SOL with each epoch, as Solana inflation rewards accrue to the underlying staked SOL in the Solistic stake pool.

Users can withdraw SOL by either unstaking and waiting for the unlock period (1-2 epochs) or, if liquid staking, immediately for a small fee.