avatar

Sunny Aggregator Launches First Liquid Staking Governance Derivative on Solana

Sunny aggregator, a cross-chain DeFi yield aggregator, announces the launch of the first liquid staking governance derivative on Solana. $SBR holders can now convert their $SBR into $sunSBR on sunny.ag. Staking $sunSBR will give stakers various yields such as Saber governance rewards, a portion of the Sunny performance fee, and additional $SUNNY yields. This conversion process is a one-way process, and each $sunSBR represents 1 permanently vote-locked $SBR. In addition, the protocol will allow users to earn more $sunSBR and $SUNNY rewards in the future by staking $sunSBR directly.
Source

Cross-Chain

DeFi

Solana

In This Article

Related News
Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Canada to launch spot Solana ETFs this week: report Canada to launch spot Solana ETFs this week: report
Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged
Transaction fees generated on Solana network fall to lowest weekly amount since September Transaction fees generated on Solana network fall to lowest weekly amount since September
Latest News More More
2 Days Ago Synthetix proposes $27 million token swap to acquire options protocol Derive
2 Days Ago FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
3 Days Ago COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
4 Days Ago Lido 'secure' after oracle compromise sparks emergency DAO vote
4 Days Ago Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open