Liquid staking for tokens

Why hold just another idle token in your wallet when you can hold a liquid-staked token and earn yield along the way?

Liquid staking is a mechanism that allows users to stake crypto assets while simultaneously receiving liquid token representations of their staked assets. These liquid-staked tokens can be freely traded, utilized in yield-generating strategies, or used as collateral within the broader DeFi ecosystem, effectively combining the benefits of staking rewards and liquidity.

Watt Protocol introduces the first liquid-staking service for Solana tokens. Any token can be wrapped into its liquid-staked representation, enabling users to simply wrap, hold, and earn yield.

Moreover, since liquid-staked Watt tokens are fully composable, they create new possibilities for product design, allowing other protocols and applications on Solana to freely integrate and take advantage of the intrinsic yield of Watt tokens.