SOL Strategies launched STKESOL, a new liquid staking token that lets SOL holders earn rewards while using their assets across Solana DeFi.
SOL Strategies announced the launch of STKESOL, a liquid staking token that allows SOL holders to earn staking rewards while keeping their assets liquid and usable across decentralised finance applications.
At launch, more than 500,000 SOL has been staked through STKESOL, signalling early demand for professionally managed staking solutions on Solana. The product marks another step in SOL Strategies’s evolution as an infrastructure-focused company within the Solana ecosystem, complementing its existing validator operations and strategic SOL holdings.
STKESOL is live across several Solana DeFi platforms, including Orca, Squads, and Kamino. This gives users immediate access to trading, liquidity, and lending opportunities while their underlying SOL continues to earn staking rewards.
STKESOL is issued through Solana’s SPL Stake Pool Program. When users deposit SOL, it is automatically staked across multiple validators based on SOL Strategies’s automated delegation strategy. In return, users receive STKESOL, which can be traded, transferred, or used as collateral across DeFi. As staking rewards accrue, the value of STKESOL relative to SOL is expected to increase over time.
“STKESOL shows how we can build products that create value for users and for the Solana network, while also generating sustainable revenue for our business,” said Michael Hubbard, Interim CEO of SOL Strategies. “It draws directly on our expertise in the Solana staking ecosystem and supports dozens of validators across the network.”
Instead of relying on a single validator, STKESOL spreads delegated SOL across dozens of operators. Validator selection is guided by the Wiz Score from SOL Strategies’s analytics platform, Stakewiz, which evaluates performance, reliability, network health, and decentralisation using more than a dozen metrics.
This multi-validator approach helps reduce concentration risk and supports a healthier, more decentralised Solana network. It also enables smaller validators to receive stake and participate in network security, rather than concentrating rewards among a handful of large operators.
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