
According to an official announcement, SOL Strategies introduced STKESOL with an initial 500,000 SOL stake, using an auto-delegation model across multiple validators and expanding availability across major Solana DeFi platforms.
SOL Strategies officially announced the launch of STKESOL, a liquid staking token on Solana, starting with an initial stake of 500,000 SOL. The product uses an auto-delegation model that distributes stake across dozens of validators and is set to be available on Orca, Squads, Kamino, and Loopscale. The company stated the initiative is designed to generate additional revenue for validators and support treasury operations. This announcement differs from earlier figures that cited 545,000 SOL in total value locked.