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SOL Strategies launches liquid staking token STKESOL, with an initial staking amount of 500,000 SOL.
Odaily Planet Daily reports that SOL Treasury Company SOL Strategies announced the launch of STKESOL liquidity staking tokens, with an initial staking amount of 500,000 SOL. The product distributes rights through its automatic delegation model to dozens of validators and will also be available on several major Solana decentralized finance platforms, including Orca, Squads, Kamino, and Loopscale, aiming to generate new revenue streams for SOL Strategies’ validators and treasury operations. (The Block)