🌊SOL Liquid Staking Docs
1. Introduction
The Liquid Collective Stake Pool is a Solana-based liquid staking protocol designed to maximize staking efficiency and security. It allows users to stake SOL while maintaining liquidity, enabling them to participate in DeFi while earning staking rewards.
This document provides a high-level overview for business stakeholders and a technical deep dive for developers.
2. Key Features
Capital Efficiency & Security: Users can stake SOL while maintaining liquidity, with an allowlist ensuring only trusted validators participate.
Governance & Flexibility: Admins control staking rules, updates, and can pause operations to mitigate risks.
Optimized Architecture: Built on Solana using the Anchor Framework, with a modular design separating instructions, processors, and account management.
Robust Smart Contracts: Implements access control, validation layers, and pausing mechanisms to enhance security.
Seamless Withdrawals: Supports both instant SOL withdrawals and unstaking options for flexibility.
3. Protocol Architecture
The Liquid Collective Stake Pool consists of multiple smart contracts and instructions that govern staking, unstaking, and liquidity management.
Smart Contract Modules
Module
Description
deposit_sol.rs
Allows users to deposit SOL
deposit_stake.rs
Deposits an existing stake account
withdraw_sol.rs
Withdraws SOL directly
withdraw_stake.rs
Withdraws stake from the pool
pause.rs / unpause.rs
Admin-controlled pause/resume functions
set_admin.rs
Defines the stake pool administrator
allowlist.rs
Manages trusted validators
Program Flow
User Deposits SOL → Receives liquid staking tokens representing their share.
SOL is Staked → Pooled and delegated to validators on Solana.
Rewards Accumulate → Users earn staking rewards proportional to their pool share.
4. Security and Governance
Security Features
Validator Allowlist → Ensures only pre-approved validators can receive stake.
Pausing Mechanism → Admins can pause deposits/withdrawals during emergencies.
Access Control → Only designated admins can modify settings.
Staker Allowlist → Only allowlisted wallets can stake and redeem.
Governance & Admin Controls
Set by the
set_admin.rsinstruction.Governance decisions include pool updates, validator management, and security measures.
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