SolBlaze

Last updated 1 year ago

How to Liquid Stake on SolBlaze

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.

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.

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.

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.

Last updated 1 year ago

Parent Token: BLZE -

Liquid Staking Token: BSOL -

Website:

Docs:

SolBlaze Team Thread:

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.

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.

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.

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.