Conclusion

elSOL presents a new way to use stake on Solana. By redesigning stake—traditionally a source of rewards—into a resource that also affects communication performance, elSOL adds a new value layer to Solana’s staking model.
With elSOL, users earn staking rewards and can either apply their stake as SWQoS bandwidth or offer it as SSP on the market. Stake thus extends from a fixed reward source to a liquid asset that links network performance with economic activity.
Introducing elSOL and the SWQoS market changes bandwidth from a closed, bilateral arrangement to a system where anyone can obtain or supply the amount they need. This improves network-wide communication efficiency and provides stable, transparent incentives for validators, RPC providers, developers, and users.
Next, we will launch a beta of the SWQoS market and validate bandwidth trading and reward distribution behavior using real usage data. The beta is planned for the first half of 2026 for both validators and users. A public release is planned for the second half of 2026 to roll out elSOL and the SWQoS market across the Solana network.
By enabling efficient use of stake and fair allocation of bandwidth, elSOL functions as a foundation for Solana’s sustained growth and a more stable, transparent operating environment.

Reference

Token Address: ELSoL1owwMWQ9foMsutweCsMKbTPVBD9pFqxQGidTaMC
Token Name: Enhanced Linkage SOL
Tick: elSOL
elSOL Fee Structure
Rewards Fee: 0.00 %
SOL Deposit Fee: 0.00 %
SOL Withdrawal Fee: 0.10 %
Stake Deposit Fee: 0.00 %
Stake Withdrawal Fee: 0.10 %
Setting withdrawal fees is recommended to prevent spam and malicious activities.

elSOL Staking Rewards Mechanism

elSOL staking rewards accumulate through Solana's official staking pool program, working as follows:
  1. When a user deposits SOL into the selected staking pool, they receive pool tokens (elSOL) representing their proportionate stake.
  2. The staking pool delegates these funds to chosen validators.
  3. elSOL token value increases as rewards are added to the total SOL within the pool. This mechanism ensures automatic accumulation of staking rewards for elSOL holders, increasing their value over time.
Example:
Initial deposit: User stakes 100 SOL and receives 100 elSOL tokens, initially equal to 1 SOL each.
After one year, assuming an annual percentage yield (APY) of 7%, the total SOL in the pool increases to 107 SOL.
Since the total elSOL token supply remains constant, the value of 1 elSOL token rises to 1.07 SOL.
Upon withdrawal, the user redeems 100 elSOL for 107 SOL.