Speedstake is live. A first of its kind, Solana-exclusive app where stakers can sell future staking rewards for SOL. Get your rewards today with 60+ Validators 馃У
Your staked SOL is earning ~6% a year. You can't spend a cent of it till it accrues.
Speedstake by Pye lets you sell those future rewards for SOL today, making the yield liquid.
Unstaking SOL takes 2-3 days. Speedstake by Pye takes under a minute.
Connect, pick how far forward to sell, and your future rewards land as SOL right now.
Need bridge funding for a known expense coming up, but all your SOL is staked?
Pull future rewards forward as SOL now instead of unstaking and praying the cooldown clears in time 馃檹
Borrowing against your staked SOL is a loan. Speedstake by Pye lets you sell your future stkaing rewards at a discount.
One adds interest, liquidation risk, and a balance to repay. The other hands you SOL today with nothing owed, your stake still delegated.