Solayer's re-staking platform interface is super simple, and the operation process is 'foolproof', even if you are a novice, you can easily get started! The specific steps are as follows:

Step 1: Convert to sSOL-raw: When you deposit SOL into Solayer, it will first convert your SOL into an intermediate form called sSOL-raw. This is a liquid staking token (LST) issued by Solayer's 'staking pool manager', equivalent to your 'receipt' for staking SOL. Moreover, Solayer will not touch your assets; your SOL will be directly delegated to validators to earn MEV (maximum extractable value) enhanced profits—simply put, you earn more than regular staking!

Step 2: Upgrade to sSOL: sSOL-raw will then be converted to sSOL, which is the 'universal currency' in the Solayer ecosystem. Completing these two conversion steps can all be done in a single transaction, fast and efficient, without making you wait long!

Staking pool fee details: transparent and conscientious!

Here is the information about Solayer's staking pool, with fees designed to be very reasonable, super friendly to users:

  • Staking pool address: po1osKDWYF9oiVEGmzKA4eTs8eMveFRMox3bUKazGN2

  • Pool token minting address: sSo1wxKKr6zW2hqf5hZrp2CawLibcwi1pMBqk5bg2G4

  • Epoch fee (period reward extraction): 7/100 (which is 7%), this is a portion extracted from each period's rewards to maintain the staking pool's operation;

  • Staking withdrawal fee (withdrawal of staked SOL extraction): 8/10000 (0.08%), if you want to withdraw the staked SOL, you only need to pay a super low proportion of handling fees;

  • SOL withdrawal fee (withdrawal of native SOL extraction): 8/10000 (0.08%), as low as the staking withdrawal fee;

  • Staking deposit fee (deposit of staked SOL extraction): 0/10000 (0%), you don't have to pay a penny in handling fees for depositing money!

  • SOL deposit fee (deposit of native SOL extraction): 0/10000 (0%), also free;

  • Staking deposit referral fee (referring to deposit staked SOL extraction): 0% (super friendly to referrers, no extra deduction);

  • SOL deposit referral fee (referring to deposit native SOL extraction): 0% (also zero deduction).

Summary: Depositing is free, withdrawing has super low fees, and there are no referral deductions, Solayer's staking pool is really 'generous' to users!

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