Liquid Staking
The liquid staking providers accessible from Squads.
fuseSOL
Overview
Users can swap their SOL from within the Squads app for fuseSOL, the industry's first smart wallet liquid staking token.
What is fuseSOL
fuseSOL is Fuse’s native LST that:
Accrues staking rewards
Provides instant liquidity
Abstracts Solana network fees in the Fuse app
Powered by Sanctum, fuseSOL is the next generation of LSTs that abstracts away Solana network fees - a feature only possible today with fuseSOL and Fuse, Solana's first smart wallet.
How to stake with fuseSOL
To swap SOL for fuseSOL:
Go to either the "Treasury" or "Dashboard" Page and find the "Trade" icon.
Select either "Instant Swap" or "Limit Order" to proceed.
Choose the account from which you want to place the trade.
Select SOL and fuseSOL as the pair you want to trade and the amount.
Launch the transaction. Once the transaction reaches the confirmation threshold and is executed, the swap will be completed.
How to unstake and withdraw SOL
To swap fuseSOL for SOL:
Navigate to the "Treasury" tab and click on the "Swap" icon.
Choose fuseSOL and the amount you want to swap to and initiate a transaction.
JitoSOL
Overview
Users can deposit their SOL holdings into Jito stake pool, which lets them earn staking rewards with additional returns for MEV redistribution.
What is JitoSOL
JitoSOL is the first MEV-powered liquid staking derivative on Solana. By exchanging your SOL for JitoSOL you maintain SOL's liquidity and earn yield from staking. That yield receives an additional boost thanks to MEV rewards redistribution.
What is MEV
MEV (Maximum extractable value) - describes profits that accrue to entities producing blocks on a blockchain based on their ability to include, exclude and change the order of transactions in a block.
How to stake with Jito Stake Pool
To stake SOL:
Navigate to the "Staking" tab and select "Liquid" section.
2. Click on the "Jito stake pool" block.
3. Select the amount of SOL you wish to delegate to the pool and click "Deposit" button.
Please note that staking happens in epochs. Each epoch lasts approximately 3 days. If you stake during an ongoing epoch, you will start earning staking rewards after the start of the next epoch.
Your SOL will start the activating period upon the transaction execution and will appear in the vault as JitoSOL. Once the new epoch starts, you will start earning rewards.
How to unstake and withdraw SOL
To unstake JitoSOL, you can either swap it or unstake through the Squads app:
Navigate to the "Treasury" tab, click on the "Swap" icon, choose JitoSOL and the amount you want to swap to, and initiate a transaction.
Or: Click on the "Unstake" button on the "Jito stake pool" block, select the amount you want to unstake, and initiate a transaction.
Your JitoSOL tokens will be successfully unstaked after the transaction is executed.
Marinade
Overview
Users can deposit their SOL holdings into Marinade stake pool, which lets them earn staking rewards and receive mSOL token, which can be used to gain additional yield.
What is mSOL
Marinade is a non-custodial liquid staking protocol built on the Solana blockchain. With Marinade users can stake their SOL holdings without locking them up. By staking with Marinade users receive mSOL which is issued 1:1 to their initial stake. mSOL then can be used to earn additional rewards through DeFI protocols, which can be accessed using the SquadsX extension.
How to stake with Marinade Stake Pool
To stake SOL:
Navigate to the "Staking" tab and select "Liquid" section.
2. Click on the "Marinade stake pool" block.
3. Select the amount of SOL you wish to delegate to the pool and click "Deposit" button.
Please note that staking happens in epochs. Each epoch lasts approximately 3 days. If you stake during an ongoing epoch, you will start earning staking rewards after the start of the next epoch.
Your SOL will start the activating period upon the transaction execution (more on the transactions here) and will appear in the vault as the mSOL. Once the new epoch starts, you will start earning rewards.
How to unstake from Marinade Stake Pool
To unstake mSOL:
Navigate to the "Treasury" tab, click on the "Swap" icon, choose mSOL and the token you want to swap to, and initiate a transaction.
Your mSOL will be successfully unstaked after the transaction is executed.
SolBlaze
Overview
Users can deposit their SOL holdings into Solblaze stake pool, which lets them earn staking rewards and receive bSOL token, which can be used to gain additional yield.
What is bSOL
Users can stake their SOL holdings without locking them up with SolBlaze's liquid staking. By staking with SolBlaze, users receive bSOL, which is issued 1:1 to their initial stake. bSOL can then be used to earn additional rewards through DeFi protocols, which can be accessed using the SquadsX extension.
How to stake with SolBlaze Stake Pool
To stake SOL:
Navigate to the "Staking" tab and select "Liquid" section.
2. Click on the "SolBlaze stake pool" block.
3. Select the amount of SOL you wish to delegate to the pool and click "Deposit" button.
Please note that staking happens in epochs. Each epoch lasts approximately 3 days. If you stake during an ongoing epoch, you will start earning staking rewards after the start of the next epoch.
Your SOL will start the activating period upon the transaction execution (more on the transactions here) and will appear in the vault as the bSOL. Once the new epoch starts, you will start earning rewards.
How to unstake from SolBlaze Stake Pool
To unstake bSOL, you can either swap it or unstake through the Squads app:
Navigate to the "Treasury" tab, click on the "Swap" icon, choose bSOL and the amount you want to swap to, and initiate a transaction.
Or: Click on the "Unstake" button on the "SolBlaze stake pool" block, select the amount you want to unstake, and initiate a transaction.
Your bSOL tokens will be successfully unstaked after the transaction is executed.
marginfi
Overview
Users can deposit their SOL holdings into the marginfi stake pool, which lets them earn staking rewards and receive LST token, which can be used to gain additional yield.
What is LST?
Users can stake their SOL holdings without locking them up with marginfi's liquid staking solution. By staking with marginfi, users receive LST, which is issued 1:1 to their initial stake. LST can then be used to earn additional rewards through DeFi protocols, which can be accessed using the SquadsX extension.
How to stake with marginfi Stake Pool?
To stake LST:
Navigate to the "Staking" tab and select "Liquid" section.
2. Click on the "marginfi stake pool" block.
3. Select the amount of SOL you wish to delegate to the pool and click "Deposit" button.
Please note that staking happens in epochs. Each epoch lasts approximately 3 days. If you stake during an ongoing epoch, you will start earning staking rewards after the start of the next epoch.
Your SOL will start the activating period upon the transaction execution (more on the transactions here) and will appear in the vault as the LST. Once the new epoch starts, you will start earning rewards.
How to unstake from marginfi Stake Pool?
To unstake LST, you can either swap it or unstake through the Squads app:
Navigate to the "Treasury" tab, click on the "Swap" icon, choose LST and the amount you want to swap to, and initiate a transaction.
Or: Click on the "Unstake" button on the "marginfi stake pool" block, select the amount you want to unstake, and initiate a transaction.
Your LST will be successfully unstaked after the transaction is executed.
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