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Squads Legacy (v3)
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On this page
  • Overview
  • What is stSOL?
  • How to stake with Lido Stake Pool?
  • How to unstake from Lido Stake Pool?
  1. Integrations
  2. Staking

Lido

The details of our integration with Lido.

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Last updated 10 months ago

Overview

Users can deposit their SOL holdings into Lido stake pool, which lets them earn staking rewards and receive stSOL token, which can be used to gain additional yield.

What is stSOL?

Lido is a liquid staking solution that allows users to stake their SOL holdings without locking them up. With Lido, users receive stSOL tokens which are issued 1:1 to their initial stake. stSOL can then be used to earn additional rewards through DeFI protocols, which can be accessed directly from the Squad via the section.

How to stake with Lido Stake Pool?

To stake SOL:

  1. Navigate to the "Staking" tab and select "Liquid" section.

2. Click on the "Lido 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.

How to unstake from Lido Stake Pool?

To unstake SOL:

  1. To unstake your SOL, you can swap stSOL to SOL or any other token.

4. Your SOL will start the activating period upon the transaction execution (more on the transactions ) and will appear in the vault as the stSOL. Once the new epoch starts, you will start earning rewards.

Swaps on v3 are no longer supported. Please migrate your assets to in order to swap your tokens.

Once migrated, learn about swaps on v4 .

If you have any questions, please reach out to us on .

here
https://app.squads.so/
here
Discord
"Apps"
Liquid staking section
Lido liquid staking pop-up
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