Compound growth for your SOL
Secure the Solana blockchain by staking your SOL while enjoying up to 9 % in annual yield!
Compound growth for your SOL with annual yield up to 9 %!
With liquid staking you receive a liquid stake token (LST) in return for your SOL, in this case laineSOL. With an LST you maintain full fungibility and liquidity, so you can participate in DeFi or convert back to SOL without delay.
The SOL you deposit is managed by an on-chain stake pool program which delegates it to our validator, over time as the pool earns rewards the value of the LST relative to SOL goes up, so the amount of laineSOL you have stays the same, but it's value in SOL goes up over time.
As laineSOL has no ongoing management fee the APY or yield for laineSOL over time is roughly the same as with native staking.
Comparison of native and liquid staking
| Native | Liquid | |
|---|---|---|
| Auto-compounding | ||
| Non-custodial | ||
| Estimated APY | 9 % | 9 % |
| Earn MEV Yield | 9 % | 9 % |
| Audited Program | ||
| Liquid Staking Token |
About staking
With over 60% of all SOL tokens currently staked, staking is considered on of the safest activities on Solana
Staked SOL is held in special accounts called stake accounts, these are then delegated to validators. At no point in time can validators access the SOL in these accounts.
Delegated SOL provides voting power to validators to secure the network, the more SOL is delegated to a validator the more their vote weighs in confirming blocks and the more blocks they can produce
Staking provides returns from inflation (newly created SOL tokens) and from MEV. The current forecast annual yield for staking with us is 9 %.
About us
Our origins are in the software development space with a history dating back to 2014. In 2016 we experimented with Bitcoing mining, however found that Bitcoin was still too expensive and slow for real-world usage.
With the advent of high performance blockchains like Solana we found the type of blockchain we had always envisioned the world needed, and as of epoch 216 (August 2021) we have been operating a Solana Mainnet validator.
We take pride in being a high-performance and reliable operator, while working with the community to advance the Solana ecosystem, particularly with regards to governance. We are always available to answer questions you may have on our X account: @laine_sa_.
Frequently Asked Questions
We've been active in the Solana ecosystem for four years and operating a Mainnet validator for 3.5 years now. Our founder, Michael, is very active at Solana conferences and in the validator community and we care deeply about the long-term success of the Solana ecosystem.
As part of our commitment to fairness and transparency we built stakewiz.com, a free validator analytics website with alerts for commission changes and delinquencies. We built this with the goal of empowering stakers such as yourself to make better informed staking decisions. Stakewiz also has a comprehensive API that we make available for free to anyone that wishes to use it.
We are also one of the organisers of Block Zero, a community-driven validator summit that first took place in 2023 in Amsterdam, and engage heavily in on-chain governance discussions.
We charge a 5% commission on staking rewards and 5% on MEV rewards, which we think is fair, and in future we hope that a mechanism will be developed to allow automated sharing of block rewards (there is a proposal in progress for this).
You might wish to choose validators with lower commissions, or big name recognition, or even stake via your exchange such as Coinbase or Kraken, but we hope you support us and help us, as an independent validator.
If you are staking natively you can use your wallet's built-in staking interface to deactivate your stake, alternatively you can use our website stakewiz.com to manage all your stake accounts. Please remember that with native staking you need to wait until the end of the current epoch for your stake to deactivate, after this you need to go back to your stake account to withdraw your SOL and close the account (or redelegate to another validator if you wish).
If you are liquid staking you can unstake on this website, or you can use Sanctum, an aggregator such as Jupiter, or your wallet's integrated swap function.
The current minimum to stake is 1 lamport (one billionth of one SOL) + a state bond of 0.00228288 SOL, there is no upper limit.
With native staking it takes one epoch to warm up your stake (to become active) and one epoch to cool down (to deactivate). With liquid staking you can sell your liquid staking token anytime, or delay unstake which takes one epoch (to get a slightly better price).
When you native stake your SOL is transferred to a special stake account. In your wallet you can usually see it by clicking on SOL then on Staking (Solflare) or scroll down to Staking (Phantom). We have also built a website where you can see and manage your native stake accounts: stakewiz.com.
For liquid staking you should see a new token in your wallet, laineSOL. You have exchanged your SOL for laineSOL. The value of laineSOL goes up over time, as the underlying SOL you deposited is accruing staking rewards. You can unstake on this page, or sell your laineSOL via your wallet's swap feature or on an aggregator such as Jupiter.
Staking is pretty much the safest activity on Solana, some might even say it is even safer than just holding SOL in your wallet, because it is less likely that a stake account will be drained from a compromised wallet than plain SOL.
The Stake program is a native program integrated deep into the Solana blockchain software, and has been heavily reviewed and audited over the years. Staking secures the entire network and therefore must be as safe as possible.
When liquid staking you're exchanging your SOL for the LST (in this case laineSOL). The SOL is held by the stake pool program which has been heavily audited as well. The stake pool program delegates the SOL (i.e. natively stakes) to validators, and the exchange rate of laineSOL to SOL grows over time as the underlying SOL is accruing rewards. No one can access the SOL in the program, the only way to retrieve it is by redeeming laineSOL for it, and the only way for laineSOL to exist is by depositing SOL to the program, therefore the exchange rate is never at risk.
The staking yield is generally relatively consistent between 6.5 - 7%, while the MEV yield fluctuates a bit more, however we use a 10-epoch median value so we smooth out any major spikes to try and produce a relatively accurate forecast. Ultimately it is a forecast based on about a month of data and it is impossible to perfectly predict what yield and MEV activities will be like in the future.
Our stake pool is deployed at 2qyEeSAWKfU18AFthrF7JA8z8ZCi1yt76Tqs917vwQTV and owned by the standard SPL Stake Pool program.
The token mint for laineSOL is LAinEtNLgpmCP9Rvsf5Hn8W6EhNiKLZQti1xfWMLy6X and is owned by the stake pool, new laineSOL can only be minted by depositing appropriate SOL into the pool.
Our validator vote account public key is GE6atKoWiQ2pt3zL7N13pjNHjdLVys8LinG8qeJLcAiL, all stake is delgated to this address.