Laine is an independent Solana validator. With laineSOL we are introducing a ground-breaking product for our delegators, allowing the tokenization of stake accounts.
We use the standard SPL Stake Pool program to tokenize stake accounts, issuing you with laineSOL in return for your stake. This way, in addition to earning a great return on your staked SOL you can also utilize it across DeFi.
A SPL Stake pool token representing the Laine stake pool. A single validator stake pool that delegates to the Laine Solana validator, providing liquid staking access while earning staking and MEV rewards. The price of laineSOL in relation to SOL appreciates over time as the pool accrues staking and MEV rewards.
Because this is a bespoke stake pool all SOL staked via laineSOL is staked exclusively with our validator. You can redeem laineSOL at any time for a Laine stake account.