Staking

Each staking vault has its own unique staking token, primarily used as a unit of accounting—similar to a fund unit in a hedge fund. When users stake, their tokens are converted into the staking token, and when they unstake, the staking token is converted back into the original token.

This mechanism leverages blockchain technology to ensure clear, transparent accounting of staking value over time. Additionally, it enables the creation of liquidity pools between the original token and the staking token (e.g., SOL vs. lstSOL) on decentralized exchanges. These liquidity pools provide the added benefit of allowing instant staking and unstaking, enhancing user flexibility and convenience.

Lending vaults currently available

Vault Name	Currency	Open for Staking	Unstaking Period
SOL Meme Liquidity I	SOL	Yes (lstSOL)	Up to 5 days
USDC Meme Liquidity I	USDC	Yes (USDL)	Up to 5 days

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Staking Guide

1

First proceed to the Stake page

2

Select the vault you want to stake in

3

Enter the amount and hit Stake

View your staked balance anytime from the Unstake page

Unstaking

1

Proceed to the Unstake page

2

Enter the amount and hit Unstake

Claiming

1

Proceed to the Claim page

2

Wait for the unstaking period to expire

3

Select Claim and approve the wallet transaction

After confirmation the claimed funds will be sent to your wallet.

🔥 Burning

Unstaked lstSOL/USDL is burnt, reducing the circulating supply.

💵 Funds Received

Users receive SOL/USDC based on the unstaked amount, vault balance, and circulating supply.

⏳ Unstaking Period

The unstaking process takes 5 days (120 hours) to complete and cannot be modified or canceled.

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Staking Q&A

1

I just staked my SOL/USDC into the Lavarage Vault. Do I need to stake my lstSOL/USDL?

No, you do not need to stake your lstSOL/USDL separately. By staking in the Vault, you are automatically participating in both staking and lending activities. Because this is liquid staking, the process is very similar to a swap, where you are essentially swapping your SOL/USDC for lstSOL/USDL.

2

How is the APY computed for my staked SOL?

The APY for your staked SOL/USDC in the Lavarage Vault is computed based on two primary sources of earnings: the yield from funds delegated to validators and the interest earned from funds deployed in loan pools.

3

I selected unstake, but I don’t see my funds in my wallet. Where are my funds?

When you select "unstake", your lstSOL/USDL goes through an unstaking process that takes up to 5 days (120 hours) to complete.

4

Is there any way to speed up the unstaking process?

Please reach out to us through the support channel. We will manually review your case to see if expediting the process is possible. In most cases, a special fee will apply.

5

Can I be a lender or liquidator?

For the latest information, visit the Liquidity page

6

Is there any risk to staking?

The risk to staking can be categorized broadly into the following categories. The risk is relatively low but it is inherently still there.

Risk Category	Description	Mitigation
Smart Contract Risk	This is the risk of fund being maliciously drained from our liquidity provision-related smart contracts	Our smart contracts have been and will be continuously audited rigorously
Delegation Risk	This is the risk of fund being maliciously drained from the smart contract(s) of the Solana network validators where the fund is being delegated to	Fund will only be delegated to the most reputable and trustworthy validator(s)
Lending Risk	This is the risk of incurring a loss when there is bad debt	WIth backstop liquidity provider(s) in place, lenders and stakers should be shielded from bad debt risk in normal circumstances.

The above list may not be complete and exhaustive. For further questions, you can always contact our team. Please always do your own research.