Introduction of STKESOL
SOL Strategies, a prominent Solana treasury company, has introduced its liquid staking token, STKESOL. This new token is designed to allow holders to earn rewards from network activity, attracting both cryptocurrency enthusiasts and traditional investors with an asset compatible across various decentralized finance (DeFi) applications.
🚨 Introducing STKESOL: SOL Strategies’ Liquid Staking Token (LST) on @Solana !
Already at 545K SOL (~$70M) in TVL, STKESOL allows you to earn diversified staking rewards while maintaining full liquidity. Boost your yield further by providing liquidity, borrow against your… pic.twitter.com/5ZgwxdzkW7
— SOL Strategies (@solstrategies) January 20, 2026
The introduction of STKESOL is expected to increase SOL deposits for staking with SOL Strategies. Depositors will receive passive rewards and gain the ability to utilize STKESOL within DeFi platforms. STKESOL will be usable as collateral for loans on lending platforms such as Kamino and Loopscale. To mitigate counterparty risk, the token is backed by staking across multiple validators.
Following this announcement, SOL was trading at $127.79, influenced by a general downturn in the cryptocurrency market.
SOL Strategies' Active Treasury Management
SOL Strategies operates as a relatively small decentralized autonomous treasury (DAT) company, managing approximately 427,640K SOL. It holds the 10th position among treasury builders. A significant portion of its treasury, 406K SOL, is staked to generate passive income at an estimated rate of 6.7% per month. SOL Strategies also operates its own validator on the Solana network.
Compared to other treasury companies, SOL Strategies stakes a larger proportion of its SOL holdings. Many exchange-traded funds (ETFs) and DAT companies typically stake less than 50% of their available SOL, keeping the remainder in idle wallets. SOL Strategies also ensures the underlying infrastructure for its liquid staking token, which is designed to generate diversified passive income from multiple validators.
The company aims to achieve optimal yield based on validator performance. Yield-based products like STKESOL can potentially offset market risks while also supporting the broader ecosystem. SOL Strategies has already reported that approximately $70 million, or 545K SOL, has been deposited to mint the STKESOL liquid staking token.
Focus on Liquidity and Tax Protections with Staked SOL
Traditional SOL staking removes tokens from circulation, leaving holders without immediate access to their capital. Liquid staking tokens, such as STKESOL, represent staked SOL and create a new, tradable asset. This new asset can be exchanged, deposited into other protocols, or used as collateral for loans.
Liquid staking tokens aim to bypass the typical two-day waiting period associated with unstaking SOL, allowing holders to maintain liquidity while their original SOL stake continues to generate rewards. Depending on the jurisdiction and local tax laws, liquid staking tokens may also offer tax advantages, particularly while the underlying asset remains staked.
These tokens are widely adopted within the Solana ecosystem and are available on most decentralized exchanges. Furthermore, liquid staking tokens can be integrated into "LST multiplier" products. These products allow holders to leverage their LST combined with SOL to potentially achieve higher yields. This strategy relies on the possibility that the yield generated by the LST might exceed the borrowing cost of SOL, though it carries inherent risks and yield variability.