Saber launches Eversol eSOL-SOL pool on Solana!
Saber is excited to partner with Eversol to create the first eSOL-SOL pool, making staking on Solana liquid and accessible to all.
Eversol eSOL is a stake pool for the Solana blockchain. eSOL lets you deposit SOL for eSOL tokens, which starts earning staking rewards right away. Your eSOL tokens can always be redeemed for staked SOL, as well as to lend/borrow/farm yield for extra APY.
In this way, you unlock the full potential of your SOL.
Staking is Vital
Staking is the lifeblood of Proof-of-Stake blockchains like Solana. Democratizing access to staking is vital to ensuring the proper security, consensus, and decentralization of Solana itself.
About Saber Labs
Saber Labs contributes to Saber, the leading cross-chain stablecoin exchange on Solana. Saber provides the liquidity foundation for stablecoins, which is a type of cryptocurrency whose value is pegged to another asset, like the US dollar or bitcoin. As Solana’s core cross-chain liquidity network, Saber helps facilitate the transfer of assets between Solana and other blockchains. Users deposit crypto into a Saber liquidity pool to earn passive yield from transaction fees, token-based incentives, and eventually automated DeFi strategies.
