New liquidity staking solutions on SOL

[Coincollector]

It seems that SOL liquidity staking is the new passive income opportunity. Recently, many platforms have started offering this staking solution. According to this tweet by WU Blockchain>>https://x.com/WuBlockchain/status/1849043133973283031?t=bdo-_vVOX0zKsENX8usTjQ&s=19, a whale staked over $1.1 million worth of $SOL for BGSOL. This got me curious, so I checked Solayer to see the TVL for BGSOL, and it's sitting at about $13.07 million, which is significantly higher than that of other competitors.



Source: https://app.solayer.org/dashboard

[MrSpasybo]

It seems that SOL liquidity staking is the new passive income opportunity. Recently, many platforms have started offering this staking solution. According to this tweet by WU Blockchain>>https://x.com/WuBlockchain/status/1849043133973283031?t=bdo-_vVOX0zKsENX8usTjQ&s=19, a whale staked over $1.1 million worth of $SOL for BGSOL. This got me curious, so I checked Solayer to see the TVL for BGSOL, and it's sitting at about $13.07 million, which is significantly higher than that of other competitors.

Solayer's been making waves in the Solana ecosystem. It's kind of a big deal since it was one of the first successful LRD projects on Ethereum. Given Solana speed and low fees, I'm super bullish that it'll attract a ton of LRD money through projects as Solayer.

Congrats to Solayer on their early success and to the early investors for their gains. But let's be real here - LRD still has its fair share of risks. It's not exactly the most stable or sustainable thing out there. So, while rapid growth is exciting, it can also be risky. Investors need to keep that in mind before jumping in.

[Coincollector]

It seems that SOL liquidity staking is the new passive income opportunity. Recently, many platforms have started offering this staking solution. According to this tweet by WU Blockchain>>https://x.com/WuBlockchain/status/1849043133973283031?t=bdo-_vVOX0zKsENX8usTjQ&s=19, a whale staked over $1.1 million worth of $SOL for BGSOL. This got me curious, so I checked Solayer to see the TVL for BGSOL, and it's sitting at about $13.07 million, which is significantly higher than that of other competitors.

Solayer's been making waves in the Solana ecosystem. It's kind of a big deal since it was one of the first successful LRD projects on Ethereum. Given Solana speed and low fees, I'm super bullish that it'll attract a ton of LRD money through projects as Solayer.

Congrats to Solayer on their early success and to the early investors for their gains. But let's be real here - LRD still has its fair share of risks. It's not exactly the most stable or sustainable thing out there. So, while rapid growth is exciting, it can also be risky. Investors need to keep that in mind before jumping in.

I agree, but it's a decent staking method imo and investors should enjoy the moment. I hope they keep improving to make this sustainable

[hugeblack]

Without knowing the APY, joining trusted pools may not be very profitable compared to unknown pools. Trusted pools may give higher profits to attract higher liquidity, but it will be for a limited period, so do not be fooled by the APY or TVL compared to the increase size. Whenever there is a slowdown in the increase, you should stop those pools and withdraw your liquidity.

[philipma1957]

Without knowing the APY, joining trusted pools may not be very profitable compared to unknown pools. Trusted pools may give higher profits to attract higher liquidity, but it will be for a limited period, so do not be fooled by the APY or TVL compared to the increase size. Whenever there is a slowdown in the increase, you should stop those pools and withdraw your liquidity.

Good safe advice. Many should read it and take your advice.

A good rule of thumb is see what safe interest rate ie fed treasury is about 4.75-5.0

double this 9.5-10.0. any one offering more will fail or need to go lower.

[Crypto_Accountants]

Binance SOL staking might just be the game-changer you need. It's a straightforward way to put your Solana holdings to work while you sit back and watch them grow.
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