SPL Token Staking

No code SPL token staking on solana.

Until now, staking programs on Solana have forced token holders to make concessions about how they participate in the community. These holders typically had to decide whether they transfer their tokens to SPL Governance so they could vote on DAO proposals OR stake their tokens to receive rewards.

Armada’s SPL TokenStaking program removes this dilemma by having a tokenized representation of the staked amount that can be used within programs like SPL Governance. The SPL Token Staking program also makes it easier for projects to set up staking as it supports a variety of common mechanisms like minimum/maximum stake durations and scaled stake weight based on lock up duration.

For Stakers

For Token Creators and Projects

Last updated