SOL Strategies launches Liquid Staking Token STKESOL

2026-01-21 01:36:02

Source: DigitalToday Original Title: SOL Strategies Launches Liquid Staking Token STKESOL Original Link:

SOL Strategies has launched the STKESOL liquid staking token.

Through STKESOL, users can earn rewards while utilizing DeFi.

STKESOL will be traded on major Solana DeFi platforms such as Orca, Squads, Camino, and LoopScale. SOL Strategies plans to continue adding supported platforms.

Michael Hubbard, Interim CEO of SOL Strategies, stated, “STKESOL is an innovative technology that creates value for users and the Solana network,” emphasizing, “It leverages expertise within the Solana staking ecosystem to offer new liquid staking options.”

STKESOL employs an automatic delegation strategy to distribute user deposits across multiple validators(verifiers). During this process, it uses Wiz Score(Wiz Score), which considers performance, reliability, and network health, to select validators. This approach differentiates from traditional liquid staking that relies on a single validator, aiming to promote network decentralization and mitigate concentration risks.

The company derives its revenue model partly from deposit fees and staking rewards.

SOL Strategies changed its name in September last year to strengthen its Solana-centric strategy. It currently holds approximately 52,349.7 SOL(about $67 million).

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