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Lido Staked SOL | STSOL

$101.35

Coin info

Rank
#13411
Market Cap
$13,358,849
Volume (24h)
$288,399
Circulating Supply
106,156.16
Total Supply
106,156.16

Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply

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Rise 40%

Fall 60%

About Lido Staked SOL

‘Lido for Solana’ is a Lido-DAO governed liquid staking protocol for the Solana blockchain. Anyone who stakes their SOL tokens with Lido will be issued an on-chain representation of SOL staking position with Lido validators, called stSOL. This will allow Solana token holders to get liquidity on their staked assets which can then be traded, or further utilized as collateral in DeFi products. stSOL is the liquid token that represents your share of the total SOL pool deposited with Lido. As soon as you delegate to the pool, you receive the newly minted stSOL. Over time, as your SOL delegation accrues rewards, the value of your stSOL appreciates. There is no waiting time for receiving stSOL tokens.