8/ We truly believe in the potential of
@solana
and it's vibrant community — and we couldn’t be more excited to share super stake sol with you
Unleash the full potential of your staked SOL...
Visit to get started on your super staking journey today ⚡️
2/ How does super staking work?
Super staking amplifies your yield by leveraging recursive borrow and lending powered by
@DriftProtocol
Depositing mSOL to initiate a super stake enables the program to borrow SOL against it, convert it into more mSOL, and increase size & yield
3/ Where do the yields come from?
The yields come from the implied appreciation of mSOL against holding SOL, minus borrow costs of the SOL on Drift
Use the slider on to see your projected APY as you adjust size & leverage
4/ Limited Time Supercharged Rewards ⚡️
@MarinadeFinance
is offering up to 175k $MNDE in supercharged rewards to early depositors between June 27 - July 11!
Reward distribution is based on a pro-rata share of the supercharged mSOL staked, ensuring a fair and retroactive airdrop
5/ Understanding Risks
While standard smart contract and protocol risks apply, the primary risk is mSOL depegging or deviating from the SOL price
Extreme depegging scenarios are rare but it’s prudent to consider possible depegs due to market liquidity or pricing for mSOL
7/ Read the official launch announcement on our blog for more details on super staking, supercharged $MNDE rewards, and a mini guide on how to get started with super staking
@superstakesol
@solana
Damn this is pretty cool. Do I get a liquid superstake token that represents my superstake (similar to mSOL)? Or is the position not tokenized?
Regardless, gonna try it out today