Laine Stake is a Solana-based staking service that issues laineSOL tokens. More
Fully Diluted Valuation | $31.94M |
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24H Trading Volume | $47 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 130.36K |
Total Supply | 130.36K |
Max Supply | ∞ |
Categories | Liquid Staked SOL 3 more |
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Founder | Laine 1 more |
Website | stakewiz.com |
Socials | 1 more |
Chains | Solana Ecosystem |
Explorer | Solscan 2 more |
Contracts |
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Name | Pair | OG Score |
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Laine Stake Token, or laineSOL, is a special token on Solana that lets you earn staking rewards and use your staked SOL in decentralized finance (DeFi) and lending protocols.
LaineSOL is a token from Laine, an independent Solana validator. When you stake your SOL with Laine, you get laineSOL tokens in return. These tokens let you earn rewards and use your staked SOL in other financial activities.
How LaineSOL Works
LaineSOL uses the SPL Stake Pool program to turn your staked SOL into tokens. As you earn rewards, the value of your laineSOL increases. When you want your SOL back, you can exchange your laineSOL for SOL based on the current exchange rate.
Safety and Security
LaineSOL is secure because it uses an audited stake pool program. Your SOL is safely held in the program and can only be accessed by redeeming laineSOL tokens.
Earning Rewards with LaineSOL
As you hold laineSOL, you keep earning rewards from staking. The value of your laineSOL goes up over time, reflecting the rewards earned by the stake pool.
Benefits of Using LaineSOL
LaineSOL is great for long-term stakers. It supports the Solana network and lets you use your staked SOL in DeFi. You can even use laineSOL as collateral to borrow against your staked SOL.
Laine Stake Token (laineSOL) is unique because it allows users to earn staking rewards on Solana while accessing DeFi and lending protocols with their staked SOL.
Laine Stake Token is created by Laine, a leading independent validator on the Solana network.
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