Liquid Staking
Redelegate to JPool
FAQ
By staking your SOL tokens (or, in other words, delegating them), you help secure the network and earn rewards while doing so. You can stake by delegating your tokens to validators who process transactions and run the Solana network.
Read more at https://docs.solana.com/staking
Liquid Staking allows you to stake your SOL tokens and receive JSOL tokens in return. JSOL represents your staked SOL and can be used across various DeFi platforms, providing liquidity while your assets continue to earn staking rewards.
When you stake SOL through JPool's Liquid Staking, your tokens are delegated to a pool of top-performing validators. In exchange, you receive JSOL tokens, which can be traded, used in DeFi, or held to earn high APY.
Liquid Staking offers flexibility by allowing you to use your staked assets in DeFi applications. You can earn additional yields, participate in lending, or provide liquidity, all while your original SOL continues to earn staking rewards.
While Liquid Staking provides liquidity and additional earning opportunities, it also carries risks such as smart contract vulnerabilities and potential fluctuations in JSOL's value relative to SOL. It's essential to understand these risks before participating.
Liquid Staking is ideal for users who want to maximize the utility of their staked assets by participating in DeFi ecosystems without sacrificing staking rewards.