Question 1

What is Helius Staked SOL?

Accepted Answer

Helius Staked SOL (HSOL) is a liquid staking token provided by Helius, a developer infrastructure and staking service built on Solana. It enables users to stake their SOL through Helius’s validators and receive HSOL in return. The token is fully backed by staked SOL and accumulates staking rewards over time, giving users a liquid asset they can use across DeFi protocols while maintaining exposure to Solana’s staking yield.

Question 2

What is HSOL?

Accepted Answer

HSOL functions as a receipt token representing the user’s share in the staked SOL pool managed by Helius. Its value increases over time as staking rewards accrue, so holding HSOL reflects both the principal staked SOL and the yield earned.

Users can deploy HSOL across Solana’s DeFi ecosystem, using it as collateral in lending markets, supplying it to liquidity pools, or combining it with other yield strategies. Redemption of HSOL for underlying SOL is supported, allowing users to exit their staked position when desired.

The integration of HSOL with DeFi applications enhances Solana’s staking landscape by creating flexibility and liquidity that traditional staking cannot provide.