Stash - Claim your SOL
Last updated
Last updated
Solana’s blockchain architecture supports a diverse range of asset classes, each with its own unique utilities and data types. While this diversity is one of Solana's key strengths, it can also create challenges for users who want to fully unlock the value of their holdings.
The STASH Page was created to simplify this complexity. By analyzing how Solana assets are used and identifying inefficiencies in current management practices, we've developed a solution that interacts directly with these asset classes to extract value.
The STASH Page is not just about cleaning up your wallet—it's about enabling a streamlined and optimized experience for managing your wallet.
Staking on Solana generates rewards, but not all rewards are equal. One significant innovation in this space is Maximal Extractable Value (MEV), a concept introduced by the Jito team on Solana.
What is MEV?
MEV refers to the ability to extract additional value from transactions by optimizing how they are processed within a block. Over the past two years, MEV has evolved from being a negligible factor to now accounting for 20-30% of staking rewards. As such, it has become a critical component of staking APY (Annual Percentage Yield).
The Challenge:
Unlike other staking rewards, MEV is non-compounding. To benefit from MEV, users must manually withdraw their rewards, which often leaves balances idle and unutilized.
The STASH Solution:
With the STASH Page, users can seamlessly extract MEV rewards without withdrawing their entire stake. This ensures that staking rewards are always actively working for you, optimizing the return on your Solana holdings.
Solana’s scalability allows the creation of thousands of SPL tokens daily. Currently, the all-time high (ATH) sits at 2 million tokens per month. However, this rapid growth introduces a significant cost.
The Problem:
Every token account on Solana requires rent payments to remain active. With millions of accounts created each year, these fees quickly add up. In fact, the total cost can reach tens of thousands of SOL annually.
For example: If 2 million tokens are distributed monthly to just 1,000 wallets, this results in 2 billion token accounts. At 0.00203 SOL per account, the total rent fee becomes 4,060,000 SOL annually.
The STASH Solution:
The STASH Page helps identify unused or unnecessary token accounts. Users can burn and close these accounts with ease, reclaiming wasted rent fees and freeing up valuable SOL in the process.
If you've interacted with Solana’s ecosystem, you've likely accumulated dust balances—tiny, fractional amounts of tokens that are too small to trade or use meaningfully.
Why It Matters:
Over time, these small balances can represent 1-5% of your portfolio’s value. While individually insignificant, these fractions can accumulate to a larger sum that could be better utilized if swapped for more valuable assets.
The STASH Solution:
With just one click, the STASH Page lets you convert dust balances into SOL or hubSOL, turning every tiny fraction of your holdings into something meaningful.
DeFi users, especially liquidity providers, often face the challenge of managing out-of-range positions. Concentrated liquidity strategies generate impressive returns when in range, but yield nothing once positions move out of range.
The Challenge:
Monitoring and manually adjusting these positions can be tedious and time-consuming, especially for users managing multiple liquidity pools across different platforms.
The STASH Solution:
The STASH Page features an intelligent bot that automatically identifies out-of-range positions from platforms like Orca, Meteora, or Rayium. This bot enables users to withdraw or rebalance their positions effortlessly, streamlining DeFi management and saving both time and effort.
The STASH Page is a powerful tool for Solana users, enabling them to optimize their digital asset management. By addressing key inefficiencies in staking, token account management, dust balances, and DeFi positions, the STASH Page simplifies complex tasks, ultimately helping users unlock more value from their holdings. Whether you're a seasoned Solana user or new to the ecosystem, the STASH Page is designed to streamline and optimize your experience.
