Socean

What is Socean?

Socean is a Solana liquid staking platform which promises risk-free annual percentage yield of up to 6.34% on SOL tokens. Socean makes SOL staking liquid — when users stake SOL, they receive scnSOL tokens which can be used across the Solana ecosystem. The scnSOL tokens also appreciates in value as the Socean staking pool accrues staking rewards. Socean users can unstake their tokens and exchange scnSOL for SOL at any time. Socean also provides Streams, which helps protocols sell governance tokens with vesting periods, enabling them to control inflation rate. The platform offers software development kits to help developers integrate Socean with other applications.