Phantom Staked SOL offers a liquid staking solution, turning SOL into PSOL for greater rewards and DeFi utility.
Phantom Staked SOL enhances Solana staking through liquid staking, where users deposit SOL and receive PSOL. This token allows participation in DeFi, growing with stakes due to shared MEV tips and priority fees, providing higher rewards compared to native staking. It leverages a frequently audited Solana stake pool, ensuring security and efficiency.
Phantom Staked SOL enhances Solana staking through liquid staking, where users deposit SOL and receive PSOL. This token allows participation in DeFi, growing with stakes due to shared MEV tips and priority fees, providing higher rewards compared to native staking. It leverages a frequently audited Solana stake pool, ensuring security and efficiency.
Phantom Staked SOL provides a liquid staking solution on the Solana blockchain. Users can stake their SOL tokens into the Phantom stake pool and receive PSOL in return. This token grows as the stake accumulates rewards, which can later be redeemed along with the original SOL staked. The process integrates with the audited Solana stake pool program, ensuring security and efficiency, and offers the benefit of higher average rewards due to sharing in MEV tips and priority fee earnings.
Phantom Staked SOL offers higher average rewards compared to native Solana staking by utilizing Miner Extractable Value (MEV) tips and priority fee earnings. When users stake their SOL through Phantom, they participate in a pool that captures additional value from the network, which is then shared among the stakeholders. This method enhances the profitability of staking while leveraging the security and efficiency of the Solana stake pool program.
Yes, PSOL tokens received from staking SOL in Phantom's stake pool can be utilized within the DeFi ecosystem. These liquid staking tokens provide users with financial flexibility and opportunities to engage with various decentralized finance platforms and products, offering potential for further profit and growth while keeping your original staked funds secure.
Phantom Staked SOL operates within the audited Solana stake pool program, which has undergone nine audits to ensure robust security measures. This extensive auditing process helps protect user investments and uphold the integrity of the staking process, providing users with confidence and peace of mind when participating in Phantom's staking solution.
Phantom Staked SOL distinguishes itself by providing liquid staking capabilities and higher staking rewards. Unlike traditional staking methods, it allows users to stake SOL and receive an appreciating liquid token, PSOL, which can be redeemed or used in DeFi. Phantom also captures additional rewards through MEV tips and priority fees, offering an edge over other staking solutions that do not utilize these earning strategies.
To redeem your PSOL tokens, you need to utilize Phantom's platform to convert your PSOL back into SOL along with the accrued rewards. The redemption process involves returning PSOL tokens to the Phantom stake pool, which will then credit your wallet with the equivalent amount of SOL and any additional earned rewards from your staking period.
Phantom is a leading Solana blockchain wallet for DApps, DeFi, NFTs, offering secure asset management, token swapping, and staking within its platform. It supports a wide range of Solana DApps and is accessible as a browser extension and mobile app.
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