Skip to main content

$glowSOL

glowSOL is a liquid restaking token (LRT) that represents staked SOL assets via Solayer, combining liquidity and tradability with the ability to earn staking rewards. Designed as part of the Glow Finance ecosystem, glowSOL provides users with an innovative way to access their staked assets without forfeiting rewards, unlocking additional use cases within decentralized finance (DeFi).

glowSOL offers enhanced utility through its integration with the Glow Money Market, powering advanced DeFi strategies and making it a key component of Glow’s liquid restaking ecosystem.

glowSOL stands out due to its automated processes:

  • The Restaking Process automatically converts SOL to glowSOL while securely managing sSOL.
  • The Redeem Process ensures a transparent withdrawal system, with alerts for admins to manage liquidity.

Unlock Liquidity for Restaked Assets​

glowSOL allows users to access liquidity without waiting for the traditional staking lock-up period, enabling immediate use of their staked assets. Users can use their glowSOL in various DeFi activities, lending, or collateralizing other positions within Glow Finance.

Earn Rewards While Maintaining Liquidity​

Users earn staking yield, Glow Points, Solayer Points, and AVS rewards while retaining the flexibility to trade or leverage their glowSOL holdings.

  1. Staking Yield: glowSOL earns top-tier staking rewards through Solayer’s validator infrastructure.
    → 🔗 Check current APY on restake.glowfinance.xyz
    → 🔗 Learn how Solayer generates rewards
  2. Glow Points Incentives: glowSOL holders receive Glow Points. These points are part of Glow’s broader incentive program to reward active participation.
  3. Solayer Points: Additional rewards come in the form of Solayer Points, further enhancing the value of holding glowSOL.

Integration with Glow’s DeFi Ecosystem​

glowSOL is compatible with Glow Finance’s advanced strategies:

  • Leveraging: glowSOL can be leveraged to enhance points exposure within the ecosystem, allowing users to earn additional rewards without taking on significant additional risk.

Dynamic Minting and Redemption Ratios​

The value of glowSOL is dynamically calculated based on the total assets in Glow’s vault, including SOL and sSOL. This ensures fair representation of user holdings and accurate rewards distribution.

Seamless Integration with Glow’s Ecosystem​

glowSOL holders can utilize their tokens across Glow Finance’s features:

  • Borrowing: Use glowSOL to access liquidity while maintaining exposure to staking rewards.
  • Earning Strategies: Leverage glowSOL for advanced DeFi strategies.

Simplified User Experience​

The staking and redemption processes are automated and user-friendly, ensuring accessibility for both novice and experienced DeFi participants.

Enhanced Security​

All operations are supported by secure smart contracts, Glow’s vault, and Solayer’s validator infrastructure, ensuring safety and transparency for all users.