solUST staking is live!
Published in
Mar 1, 2022
We are excited to announce that anyone can now stake their solUST into the Soluna protocol to earn a percentage of the Anchor yields directly.
The staking mechanism works like this:
- The user connects their wallet and then inputs the amount of solUST that they want to stake.
- The protocol then deposits the solUST in a crate via the crate protocol to manage the solUST reward distribution.
- Finally, the rewards which represent a portion of the Anchor yields accrue to the recipient token of solUST stakers.
That’s it. Happy staking!
Mainnet Link: https://soluna.money
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