It blows my mind that Solana still does not have slashing enabled.

That partly explains why it is technically still in Beta.

Tbh, I love it and was glad the proposal to cut SOL inflation failed.

That makes LSTs close to a risk free 7% APY.

Looping on Juplend takes this further with 22 percent APY at 12.43x leverage.

Risky, but without slashing Juplend and Kamino can hard code LST oracle pricing.

Small wicks do not liquidate you, though smart contract risk remains.

This is effectively a tax on naked SOL holders, just like people who hold USD or EUR in banks without earning T-bill yields.

I also wonder if high staking yields distort TA, since long term stakers earn far more than the naked SOL chart suggests.

Anyway, not a FUD but appreciation of a design that makes me love holding looped SOL.

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