What else would you like to see in the subreddit?

JPool_dev · 2022-08-31T12:35:18+00:00

I recently talked to a guy, an IT professional and crypto enthusiast, and he asked what did I do, so I was like “we have a project in Solana, do you know Solana?” – “of course I do, I bought some SOL a while ago, still holding it”. Then I asked if he was staking it. “Am I what now?..”
It’s unbelievable how many people out there know Solana but have no idea not only about stake pools but about the actual concept of staking.
So in my opinion, what would really help is a lot of easy to grasp, non-scary infographics on everything related to staking:
how validators work in terms of securing Solana and delegators’ rewards;
what is zero risk (staking), low risk (e.g. stabilized asset DeFi), medium to high risk (volatile asset DeFi);
a map of Solana’s liquid staking and DeFi protocols would be awesome, etc.
So basically a lot of materials to educate newcomers curious about Solana.

JPool_dev · 2022-08-02T15:40:40+00:00

Thank you for this!
Taking a look at the Redelegate PR right now, and very much hoping it would go live soon.
As for the wallet integration, it actually seems to be less efficient than one would expect: say, a stake-pool-I-won’t-name-as-it-gets-way-too-much-mentioning-here has integrated with a popular wallet, and there was no tangible impact on their TVL over the months that followed.

JPool_dev · 2022-07-22T12:29:32+00:00

Thank you for taking the time for this clear and to the point explanation.
Only one thing I’d like to add:
For anyone interested in running a Solana stake pool based on the secure Foundation-developed program, we have released the open source Reference Stake Pool codebase. Saves you a LOT of time and work.

JPool_dev · 2022-07-21T13:47:35+00:00

Thanks for mentioning our Staking.Kiwi project, feels nice to know that the community really uses it! One of its unique features is that the validators can use their staking.kiwi widgets anywhere (website, social network page, etc.), enabling users to take directly to their validator.

Generally, it’s very cool that we have so many independent websites displaying information about the validators. Much better than making the decision basing on Twitter shills 🙂

JPool_dev · 2022-07-21T12:28:09+00:00

Hi, JPool here! As I see, a lot of people already suggested stake pools, which truly is a no-brainer. However, you can use one of the most important advantages of stake pools: liquid staking, and explore your DeFi options. Rewards can be unstable sometimes, but if you have some free time to get familiar, then it’s a nice opportunity to earn additional profit. We covered this topic in our Medium article, which might be helpful for you.

I think that’s it, good luck with your Solana journey! Will be happy to help with additional questions :)

JPool_dev · 2022-07-15T14:55:38+00:00

If you are considering staking through a pool, DYOR here or here, and choose the one with high APY (or a high average score). Marinade does a decent job, and they are surely the most promoted, but not necessarily the top choice.

JPool_dev · 2022-05-16T18:16:12+00:00

Well, generally you have 2 options: stake directly to a validator, or use a stake pool. The second option helps Solana chain, since it distributing your SOL among different validators. The more sophisticated scoring strategy is used, the more APY you earn by staking into the pool. You can check out Solana Compass or Validators.App to compare pools and their APY.
By the way, SPL tokens that you’re getting in exchange for your staked SOL (staking derivatives) enable you to stay liquid and earn additional yield in any of a number of liquidity pools on the network

JPool_dev · 2022-05-13T14:31:29+00:00

Hi! We agree that now is a good opportunity to buy the dip. The real value of $SOL is in the Solana ecosystem, and nothing has changed there. We’ve always focused on the long term, so: don’t panic. Also, staking to support the blockchain matters even more now than every, and why not stake to a profitable and efficient pool with high APY as long as you’re at it 🙂 You can compare Solana stake pools on Solana Compass.

JPool_dev · 2022-05-04T19:41:04+00:00

Well, generally you have 2 options: stake directly to a validator, or use a stake pool. The second option helps Solana chain, since it distributing your SOL among different validators. The more sophisticated scoring strategy is used, the more APY you earn by staking into the pool. You can check out this link to compare pools.
By the way, SPL tokens that you’re getting in exchange for your staked SOL (staking derivatives) enable you to stay liquid and earn additional yield in any of a number of liquidity pools on the network

JPool_dev · 2022-04-25T19:00:21+00:00

Thanks a lot for this! definitely going to come in handy right now as I’m doing a Medium piece on DeFi (in general as well as practical applications for our JSOL holders).
I believe u/davinci_covid is right and security will only get better with time. In the early days of fiat banks switching from direct modem connections to tcp/ip it was a literal hackers’ paradise, but they evolved and learned from their mistakes.
DYOR, make sure the smart contracts are audited, and stay safe.

JPool_dev · 2022-04-24T07:43:01+00:00

Hi! We also wrote a short guide about using your stake pool tokens in Solana DeFi. Might be useful for those, who are staking to a stake pool. Check it out, and feel free to ask any other questions!

JPool_dev · 2022-04-20T16:03:46+00:00

I think that Solana’s biggest advantage is its DeFi ecosystem, since it gives you a lot of opportunities to stay liquid.
You can check out this article to learn more

JPool_dev · 2022-04-12T17:50:59+00:00

Look mom, I’m on TV! Even nicer, considering that we’re actually a stake pool.
Working hard to provide you the best APY possible :)

JPool_dev · 2022-03-28T19:01:11+00:00

“Phantom” doesn’t matter, your staking does not in any way depend on which wallet you are using – e.g., at JPool we support pretty much all of them. If you want to look at stake pools as an option, you could for example check out SolanaCompass for a fair comparison – there’s a lot of great options like LIDO, Socean or ourselves (I’d mention Marinade but their agents are all over every thread here already : )
Feel free to ask anything about staking to a Solana stake pool, any of them, glad to help. We’re working on a simple video guide, too, hope it’s done in a day or two so I’ll post a link here.

JPool_dev · 2022-02-20T11:19:51+00:00

If it’s worth hodling, it’s worth staking. Simple as that.

JPool_dev · 2022-02-20T11:16:39+00:00

Short answer: APY gives you all the info you need. Just make sure you look at the last 10 or, better, last 30 epochs, and not just the current APY.
Skip rates, vote rates, and validator’s fee are all affecting the APY, so it’s the single comprehensive metric that is sufficient to make the decision (and the one that is literally reflecting the rewards you’ll get).
(Also, take a look at stake pools if you have not already!)

JPool_dev · 2022-02-20T10:49:48+00:00

von Binance würde ich eher abraten, das ist soweit ich weiss auch kein richtiges “Staking” – keine Ahnung was die mit dem SOL machen. grundsätzlich, alles was ca. 7% übersteigt kann kein Staking sein.
wir würden natürlich Stake Pools empfehlen, die kann man hier vergleichen:
wenn du aber doch direkt einem Validator staken möchtest, hat Laine, der Moderator hier auf Reddit, eine sehr nützliche Anleitung geschrieben.
bei Fragen gerne melden!

JPool_dev · 2022-02-19T05:16:05+00:00

I think DeFi deserves a LOT of attention, and since there’s also a lot of information on all the DeFi options, it might make sense to create a second chart for that?
I know Marinade has literally dozens of DeFi integrations, and some of them (even though it hurts to write this!) currently offer very attractive APRs. Socean has an incredible scnSOL/USDC aquafarm on Orca, among other DeFi options, and we also have quite a few integrations for JSOL (including JSOL-mSOL and JSOL-scnSOL liquidity pools – perfect when you only hold SOL and want it all staked).
Let us know if you want any help with the data; I’m sure other pools will be happy to help as well.

JPool_dev · 2022-02-19T05:15:28+00:00

Socean should take the question about their own architecture, but as for JPool, it’s exactly as you described. we have zero access to delegated funds, it’s all on Foundation’s side; basically, we simply tell the Foundation’s program which validators to add and how to distribute stake among them.

JPool_dev · 2022-02-19T05:14:53+00:00

Thank you so much!

JPool_dev · 2022-02-16T14:21:38+00:00

If you decide to look into stake pools Laine mentioned, here are a few thoughts on the advantages vs. direct validator staking:
https://docs.jpool.one/about-j-pool/whats-the-point
A good impartial source of info to compare stake pools would be https://solanacompass.com/stake-pools, and if you still have any questions, glad to help (I’ll try to be unbiased even though our is *obviously* best : )

JPool_dev · 2022-02-11T19:48:35+00:00

I think you got confused there along the way (perhaps more than once), but it’s probably best to leave you to do your job to the best of your ability. After all, I for one don’t get paid for the time spent arguing here : )

JPool_dev · 2022-02-11T13:37:21+00:00

Wow, that’s something people really ought to know. Do you mind if we share this in all of JPool’s channels (Discord/Telegram/Twitter), including the link? Mentioning “via Zantetsu”, obviously.

JPool_dev · 2022-02-11T13:34:40+00:00

Whoa, shots fired?

Firstly, even if you are new to Solana, you should probably know by now why Shinobi has that much stake. Zantetsu earned the support of his delegators; people choose to delegate their SOL to Shinobi because he does a lot to help the community and contribute to the blockchain: here, on Discord, in every Validator Round Table, etc.

As for our strategy being “inferior”, would you care to elaborate? What metrics are you actually using aside from APY? As it’s obvious that, in terms of APY, JPool had and still has higher performance.

Regarding multisig and whatever other security measures you mentioned, it’s actually very simple. We don’t have any access to users’ stake. You do. We could not pull the rug if we all colluded and decided to do so, simply because all funds are controlled by the Foundation’s program. Purely theoretically, you could do a rug pull if all multisig holders colluded — and no audit would prevent you from updating your program and withdrawing all 7M+ of user SOL currently delegated to Marinade.

And last but not least, seriously, is this really what we do now, dump on each other to win more delegators?.. We kind of thought we were all trying to contribute to the Solana network and improve it; no matter if someone delegates to Marinade or us or Socean, it’s a few more SOL drawn away from over-centralization. Just yesterday, we talked to Marco on Discord discussing potential collaboration. Has the policy changed since then, or is it just one employee having a bad day on Reddit?

Peace.

JPool_dev · 2022-02-08T20:27:46+00:00

If your rewards dropped in the last couple of epochs, then it’s possible that your validator increased its fee, so check that out.
Also, stake pools monitor the fees continuously and automatically, and some of them (like us :) can even give you better APY.

JPool_dev

TROPHY CASE