Source: https://twitter.com/solflare_wallet/status/1722653210576363834
Have your $SOL staked, but you need it right now?
Now, you can instantly unstake your $SOL directly from Solflare! ⚡️
Typically, when deactivating your stake account, you face a waiting period of 1 to 3 days to withdraw your $SOL. This can be particularly frustrating during market volatility when you aim to capitalize on profits or safeguard your valuable Solana.
We’ve integrated @sanctumso directly into Solflare, allowing you to instantly get your $SOL when you need it most.
Available on extension, mobile coming very soon!
For staking or now even unstaking your $SOL,
there’s no better wallet than Solflare ☀️
Is there any information on how this works from a technical perspective? Would love to learn more.
How these things work is basically transferring your active stake account to a smart contract and getting SOL in return instantly (minus some liquidity pool fee). The stake account (which is no longer yours) gets deactivated in a few days and that money goes back to liquidity pool. Marinade finance works the same and has similar fees.
Congratulations to all the smart people who still own Solana!!!
Is there an added fee? I know with marinade finance they typically charge 7 sol per 1000 when you want to unstake immediately.
100% there is a fee… Marinade fee is not bad let’s see this. Does anyone know the Solflare fee for this service?
Can anyone tell me how to get to it, I don’t see the option to instantly unstak on solflare.
Hot Damn! 🔥
what? wow!
This’ll come in handy. On the lower range it’s worth it for me. If that one person can pull 1200 for .55% in fees, there’s no way my stack could dent the liquidity pool
Noojss 🔥