rkSOL: Maximizing your Solana Yields

[Rylock]

What is rkSOL?

StaRKe SOL (rkSOL) is not just another token; it’s the heartbeat of the StaRKe Solana Validator.

Crafted with passion and rooted in integrity, rkSOL represents the fusion of technology and trust. Imagine a token that not only holds value but also carries the promise of a high-performance, secure, and reliable staking experience. That’s rkSOL, a Liquid Stake Token (LST) designed to maximize your yields.

What problems does rkSOL solve?

In the fast-paced world of staking, security and high returns often seem like a trade-off. rkSOL is here to change that. Designed with a zero-fee approach and backed by the Sanctum token program, rkSOL is your answer to achieving higher yields without compromising on safety. By leveraging the robust infrastructure of the StaRKe Validator, rkSOL not only achieves the reliability of multi Validator stake pool, it sets a new standard for what you can expect from a top Solana LST. You don’t need to accept anymore a lower yield to achieve the same level of certainty.

What can we expect from rkSOL?

With rkSOL, the future is bright and full of promise. Here’s what’s on the horizon:

• A commitment to value: Increase rkSOL value every epoch, minimum of 3 SOL or 50% of the block rewards —whichever is greater— generated by the StaRKe Validator.
• Extra incentives for long term holders.
• Inflation-free growth: Enjoy the benefits of our zero-fee strategy.
• Expanding horizons: As rkSOL gains traction, expect to see it listed on major DeFi platforms, amplifying its presence in the decentralized finance space.
• Community-driven innovation: We’re here to support and empower new crypto users, providing tools and resources like our LSTs performance tracker to help everyone thrive.

• Enhancing Solana: Your stake in StaRKe Validator isn’t just an investment; it’s a contribution to improving the Solana network, prioritizing transactions through our SWQoS partnership program, and making the ecosystem better for everyone. There are public studies where we have contributed to land 98% transaction rate and transaction finality to 1-3 seconds, when by default we observed 92% and 5 seconds respectively.

• Relentless Progress: We never rest on our laurels. With a mindset focused on continuous improvement, we’re always seeking new growth opportunities. We’re committed to collaborate with innovative projects within the Solana ecosystem and actively contributing to the Solana Foundation itself.

The Grand Vision of rkSOL

rkSOL is the future of staking, a token designed to elevate your experience within the Solana ecosystem. Our vision is simple yet ambitious: to make rkSOL a leader in the LST space, known for its high yields, security, and utlity focus. By harnessing the power of the StaRKe Validator, rkSOL will not only provide exceptional returns but also contribute to the ongoing evolution of Solana, making the network more robust, efficient, and user-friendly. We envision a future where rkSOL isn’t just a token you hold, it’s a token you believe in.

Follow us at: X, StaRKe discord, or Sanctum discord

[Bengshark]

still use your LST graph website until now, thank you sir!

[DanikaHollandaise]

Agreed with Bengshark. The LSTs performance tracker is unbelievably handy! rkSOL is one to watch no doubt.

[Luk4]

Lovely article, thank you for sharing it here

Two questions:

1. In the LST performance tracker, would it be possible to add a graph capturing the history of Total Stake (TVL) per validator per epoch ?
2. Related to the SWQoS, is there some sort of minimum recommended TVL for a validator to have staked in, in order for it to make sense to enable that feature? Or is it more about finding the right RPCs to partner with, regardless of the TVL?

[yyigit.sol]

proud staker of rkSOL from the day1 and love the graph of LST’s performance.

[Rylock]

1. In the LST performance tracker, would it be possible to add a graph capturing the history of Total Stake (TVL) per validator per epoch ?

That sounds simple, but we would need to leverage an API different than Sanctum as they are not working on new API endpoints and we don’t have historic TVL so far, but it should still be possible

I can also share what I was planning for next iteration. The intention was that given a selected LST or LSTs, I wanted to show from where the liquidity comes from, represented in an alluvial diagram. Something like this:

This is extremely useful as we are we are seeing lots of movement not only between different LSTs but also in/out from LST market space. Maybe I can correlate this one to the one you say …. Anyway it will take a while, we will need to find first from where we can obtain the data (i.e. BirdEye, Blockworks, etc).

In parallel, I also wanted to provide personalized gain information based on wallet info. I think this would be huge for users, but again a step forward in complexity compared to current version.

2. Related to the SWQoS, is there some sort of minimum recommended TVL for a validator to have staked in, in order for it to make sense to enable that feature? Or is it more about finding the right RPCs to partner with, regardless of the TVL?

Current solana implementation requires 15K stake to consider a QUIC connection “staked”. However SWQoS works as a bandwidth mechanism, where if your Validator has 1% of total Solana stake, you have the right to send to each leader the 1% of total solana TPS (transactions per second). This picture helps to understand how it works:

Solana Summary (Technical Writer X: @lostin)

Now linked to your question about choosing the right SWQoS partnership. When a RPC contacts us, they are generally willing to increase landing rate and/or reduce transaction finality time, for the TPS required by their use case and users. What we want is to maximize their performance, but also to bring value to the ecosystem, so we carefully assess their projects. Also because the bandwidth and number of RPC you can partner with is limited (we have 0.07% of total stake at this point).

[GreythornAM]

Really love the details here @Rylock - thanks for the answers.

Can’t wait for the next iteration of the dashboard!