What is unstake.it?
unstake.it lets you instantly unstake your staked SOL. Connect your wallet, select your stake account, and click “Unstake” to get SOL back right away.
Why would you unstake.it? Unstaking in Solana takes one epoch (2-3 days), and a lot can happen in that time. You might have urgent liquidity needs and want to sell your SOL right away. Or you might want to move your stake from one validator to another without having to wait an entire epoch.
Our goal is to free staked SOL. We aim to provide deep, cheap liquidity for all stake accounts: our promise to always give you the best unstaking experience in all of DeFi.
How does unstake.it work?
Liquidity providers (LPs) provide a single pool of liquid SOL. When you use unstake.it, we give you the liquid SOL in exchange for your stake account. We then unstake your stake account to replenish the pool, and take a small fee to compensate the LPs.
What are unstake.it’s future plans?
In the future, unstake.it will integrate with swap providers like @JupiterFinance and other DeFi protocols to give you the absolute best rate for your staked SOL. We foresee that unstake.it will unlock a wide variety of DeFi applications that make use of staked SOL accounts.
Subscribe to unstake.it’s substack for more updates!