๐ How Does It Work?
@Solayer is the protocol that "reactivates" your staked SOL, allowing you to earn double yields:
1๏ธโฃ Traditional Staking: Earn rewards for locking up your SOL.
2๏ธโฃ Liquid Staking (sSOL): Receive sSOL tokens that represent your staked SOLโbut you can use them in DeFi!
It's like your sleeping SOL wakes up and starts working overtime for you.
๐ฐ Why Is This a Game-Changer?
โ Dual Earnings:
- Base staking rewards (5-7% APY).
- Extra yield by using sSOL in lending, pools, or farming.
โ Instant Liquidity:
- No waiting for unstaking periods.
- Trade and use sSOL like regular SOL.
โ Security Maintained:
- Your SOL remains staked and securing the network.
- sSOL is 1:1 backed by real SOL.
๐ ๏ธ How to Get Started?
1๏ธโฃ Stake SOL on Solayer.
2๏ธโฃ Receive sSOL (your liquid SOL).
3๏ธโฃ Use sSOL on platforms like Kamino, Marginfi, or Jupiter to earn more.
Example: Staking (6%) + sSOL Farming (8%) = 14% combined yield.
๐ Comparison: Traditional Staking vs. Solayer
๐ Key Use Cases
- Farming on DEXs (Raydium, Orca).
- Borrowing & collateral (Kamino, Solend).
- Advanced strategies (leveraged yield).
๐ Result? Your SOL works twice as hard with no extra risk.
Remember for ever made DYOR on every project!
