Introduction
Last updated
Last updated
APY.fun is the Solana Staking Hub, designed to reward users for long-term token holding. With simple staking mechanics, users can earn high APYs and boost their rewards by actively participating in the community.
The Solana memecoin market is going wild, with marketing efforts growing bigger every day and newcomers joining constantly. Huge amounts of money—millions and even billions—are flowing through the market perpetually. And that’s great for the ecosystem because movement is key to everything.
BUT—this movement needs to be controlled. That’s why APY.fun offers a fresh, straightforward approach to holding. Instead of letting memecoins be born and die repeatedly, we've created APY.fun to be the ultimate staking hub for Solana. Here, we give communities the tools to stabilize and strengthen their token ecosystems.
Staking: Users can stake and lock different coins and earn rewards in $YIELD.
Tips: Users can increase the rewards of any staking pool by tipping it with $SOL. Tipping directly boosts the pool's APY, benefiting everyone staking in that pool
Dynamic APR: The APR for each pool is recalculated every 6 hours based on the fees generated from deposits and withdrawals.
20% of the APR is distributed equally across all pools.
80% of the APR is distributed proportionally based on the fees generated by each pool.
Coin Application: Any coin holder can apply to have a staking pool for their favorite coin. Simply provide the token details, and once approved, the coin will be listed for staking on the platform.
Community Engagement: The goal of APY.fun is to encourage users to hold their coins, fostering stronger, long-term communities. Memecoins communities are encouraged to lock their tokens on the platform to support their ecosystems.
Those are the only features available on the testnet. More to be revealed soon...
