🏃♂
RunStake Overview
High APY liquid staking for your RUN and Solana
To earn RUN, connect your wallet and stake the amount you desire. You will receive an amount of xRUN in return, based on its current value. xRUN's value will increase over time automatically and therefore, an xRUN token is always worth more than a regular RUN token. To earn RUN, you don't need to claim rewards, you only need to hold your xRUN. When you unstake your xRUN, you will receive more RUN than you initially deposited.
To see an estimate of the amount of RUN you have earned, look at the "Earned Rewards" section with your wallet connected.
This is the same method used by Sushi, Aurory and Step-Finance.
RunStake's liquid staking platform allows you to stake for as long or short as you desire. RunStake uses premiere validators that allow your stake to earn a high APY percentage. We are a community-based company that knows if we make our customers profit in a safe, secure, above-board manner, it only benefits us. In short, we're on your side.
RunStake offers a a safe, secure liquid staking opportunity with high-APY and multiple DeFi integrations. It is a Solana stake pool, which means your stake is not delegated to a single validator but distributed among multiple carefully selected high-performance validators using a smart algorithm.
Solana network relies on its Validators for speed efficiency, and decentralization. The validators contribute by confirming (or 'validating', hence the name) new blocks that are then added to the blockchain. All validators need to sign off on each new block.
In the Proof-of-Stake model used by Solana, a validator uses the SOL that users delegate to it in order to vote on new blocks. The validators—and the network—rely on these delegated, or 'staked', SOL in order to function.
For delegating your stake to be used for voting you get rewards, currently amounting to approximately 7% p.a. (this number is usually called APY for 'annual percentage yield'). Better validators produce higher APY as they better support the Solana network.
Choosing a validator, as well as tracking their performance and fees, could be a challenge, especially if you are new to Solana—or simply don't have the time. but thankfully there is a better solution available…
Stake pool accepts your stake and distributes it in an optimal fashion between a number of validators. It chooses the best ones to ensure maximum APY while decentralizing the network, making it stronger. It tracks the validators' performance and immediately moves the stake, should one of the validators experience any performance issues or raise its fee.
Another huge advantage of the stake pool is that it offers an opportunity to stay liquid: in return for your staked SOL you get runSOL tokens which can be used in a number of DeFi integrations, such as liquidity pools.
Last modified 1yr ago