SolBlaze

How to Liquid Stake on SolBlaze

• Go to https://stake.solblaze.org/app/

• Click 'Connect Wallet'

• Determine the amount of SOL you want to Liquid Stake

• Click 'Stake'

SolBlaze Staking Screen

• Note: It may take a few minutes for the bSOL to appear in your wallet.

• When the Sol is staked you'll see the following success message

Sol Successfully Staked

• DeFi Opportunities for using bSOL are available at https://stake.solblaze.org/app/defi

Links

Parent Token: BLZE - Chart

Liquid Staking Token: BSOL - Chart

Website: https://solblaze.org/

Docs: https://stake-docs.solblaze.org/

SolBlaze Team Thread: https://twitter.com/solblaze_org/status/1688480225255161856

SolBlaze at a Glance - Feb 2024

• Total Value Locked (TVL): 2.93M SOL

• Annual Percentage Yield (APY): 8.12%

• Community Strength: 77,644 Holders

• Validator Support: 281 Validators

Why Choose SolBlaze for Staking

• Customized Staking Choices: SolBlaze introduces a novel approach allowing you to choose exactly where your SOL is staked. This means you can pick specific validators that you trust, giving you more control over your investment.

• Governance Participation: By staking with SolBlaze, you get BLZE tokens, which let you have a say in how the platform evolves. This includes decisions on reward distributions and the overall direction of SolBlaze, making you an active participant in its ecosystem.

How SolBlaze Benefits the Solana Network

• Network Security and Decentralization: SolBlaze's unique staking approach helps spread SOL more evenly across different validators, strengthening the Solana network's security and promoting decentralization.

• Ecosystem Growth: Through BLZE gauges and the redistribution of stake pool revenues, SolBlaze incentivizes participation and investment in the Solana DeFi ecosystem, fostering innovation and development.

How SolBlaze Works

• Stake and Receive bSOL: When you stake your SOL with SolBlaze, you get an equivalent amount of bSOL, keeping your investment liquid and flexible for DeFi applications.

• Choose Your Validators: You have the freedom to select individual validators for your stake, ensuring your SOL supports the parts of the network you believe in.

• Engage in Governance: Holding BLZE tokens empowers you to vote on key proposals, influencing the distribution of rewards and guiding the future of SolBlaze.

The Economic Model of SolBlaze

• Reward Distribution: SolBlaze's innovative reward system includes initial airdrops and ongoing rewards based on your SolBlaze Score, directly tying your benefits to your engagement with the platform.

• Sustainable and Incentivizing: With mechanisms like BLZE token buyback and burns, along with reinvestment into liquidity and the DAO, SolBlaze's economic model is designed to balance long-term growth with immediate incentives for users.