ElagabalX
  • 👨‍🔧ElagabalX
    • Introduction
      • Our Mission and Vision
    • What is staking and who are the validators?
      • APY and Rewards
      • Performance Metrics
    • xSOL token
    • ☀️SOL Invictus Program
      • Points overview
      • STAKING
        • Native Staking
        • xSOL Liquid Staking
        • Solblaze Custom Liquid Staking (CLS)
        • VaultSol Custom Liquid Staking
        • BLZE DAO VOTES
      • ElagabalX Referral Program
      • HODLEMOD: Bonuses for Holding in Staking
    • Education Classes
      • HawkSight Exams
      • Staking SOL Natively Using Solana CLI
    • Magistratus dApp
    • For content creators
      • Brand Guidelines
    • Partnerships
    • Community and Socials
    • Legal and compiliance
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On this page
  • Brief Description
  • Key Features
  • Staking Process
  • Impact on Loyalty Program
  • Additional Information
  1. ElagabalX
  2. SOL Invictus Program
  3. STAKING

xSOL Liquid Staking

PreviousNative StakingNextSolblaze Custom Liquid Staking (CLS)

Last updated 3 months ago

Brief Description

xSOL Liquid Staking offers a flexible way to earn rewards on your SOL while keeping it readily available for trading. This innovative approach allows you to benefit from staking rewards without locking up your assets, providing the best of both worlds – yield generation and liquidity.

More about xSOL 👇

Key Features

  • Earn rewards on your SOL without lockup periods

  • Keep your SOL readily available to trade or use in DeFi

  • Access exclusive xSOL benefits and ecosystem opportunities

  • Potential for higher overall yields through DeFi strategies

  • Simplified staking process with no need for manual claiming of rewards

Staking Process

This simple guide walks you through swapping for xSOL using our dApp.

Impact on Loyalty Program

Holding xSOL makes you eligible for our loyalty points program. These points can unlock additional rewards and benefits in the future, enhancing your overall staking experience. The amount of xSOL held and the duration of holding can influence your point accumulation, incentivizing long-term participation in the ecosystem.

Additional Information

xSOL/SOL exchange rate:

Pay attention to the xSOL exchange rate. The amount of liquid xSOL tokens you receive will correspond to the current exchange rate. It's not always 1:1 with SOL.

Unstaking process:

When unstaking, you'll exchange your xSOL back to SOL at the current rate. The xSOL to SOL ratio typically increases over time, reflecting accumulated staking rewards.

Reward mechanism:

The increasing value of xSOL relative to SOL reflects your staking rewards. This means when you unstake, you'll likely receive more SOL than you initially staked, minus any applicable fees.

DeFi opportunities:

xSOL can be used in various DeFi protocols, potentially allowing for additional yield generation on top of staking rewards.

Regular updates:

Keep an eye on our communications for updates on new features, partnerships, or changes in the xSOL ecosystem.

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xSOL token
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