JPool (JSOL)

JSOL is a liquid staking token — essentially a receipt you get for staking SOL through JPool. Unlike SOL locked in a regular stake account, JSOL stays in your wallet and can be traded or used in DeFi while staking rewards keep accruing. Over time, each JSOL grows in value relative to SOL as those rewards accumulate.

JPool sits on top of Solana, a Proof-of-Stake network where validators secure the blockchain by staking SOL. The protocol pools users' deposits and spreads them across a curated set of validators, which reduces risk and supports decentralization. Smart contracts handle the accounting, tracking each user's share of the pool as rewards flow in.

There's no mining and no hard-coded supply cap. JSOL is minted whenever someone stakes SOL through JPool and burned when they unstake, so circulating supply simply mirrors how much SOL sits in the pool. Every JSOL in existence is backed by actual staked SOL — it's a receipt, not a currency with a release schedule.

JSOL is a standard Solana (SPL) token, so any Solana-compatible wallet like Phantom or Solflare can hold it. Beyond storage, you can put it to work — swap it, lend it, or provide it as liquidity in Solana DeFi apps. When you want out, you can redeem JSOL back for SOL through the protocol.