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Xandeum liquid staking program surpasses $8M with industry-leading APR

Author: Content Editor
Solana-based storage and staking solution Xandeum has achieved a significant milestone by surpassing $8 million in total value locked (TVL) through its liquid staking program. Over 30,000 SOL tokens are staked on Xandeum, driven by its high annual percentage rate (APR) of around 15%, which is twice the APR offered by other Solana staking pools. Xandeum's liquid staking program stands out by offering a competitive annual percentage yield (APY) and a unique quadruple rewards system that includes block rewards, staking rewards, XAND token rewards, and miner extractable value (MEV) rewards. The platform plans to integrate a scalable storage layer into Solana RPC nodes to further enhance rewards and support the growth and decentralization of the Solana network. Xandeum also differentiates itself by depositing all pool fees into the Xandeum DAO treasury, allowing XAND token holders to govern these funds and have a say in the platform's direction and resource usage. Xandeum aims to be a leader in the Solana ecosystem by promoting fair rewards distribution, decentralization, and long-term sustainability.

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