We’re launching a @solana validator alongside @SentinelStake by @phaselabs_ The best part? 100% of validator revenue will be going to $ME stakers passively When we go live in the coming days, anyone can deposit SOL or swap into meSOL to start earning What you need to know 🧵

We believe validators should do more than just secure the network. They should give back to the people building and interacting on it, the people holding it down. We built ours differently.

Anyone can deposit SOL or swap into meSOL to earn. Meanwhile, we earn validator revenue through block rewards + MEV capture… and pass that directly to $ME stakers.

Our validator revenue will be used to purchase $ME and be distributed bi-annually based on staking power over the 6-month period. The higher your average SP, the higher your APY!

And to kick it off right: For the first six months, $ME stakers will also receive yield from Magic Eden’s own 25,000 SOL self-stake, on top of validator revenue.

Our vision is to grow the validator alongside trusted partners to help secure the network, improve our products and deliver more value back to the community. This is just the beginning.

Stake SOL. Stake $ME. Earn together. Whether you’re here for the yield, the vision or both… thanks for being with us 🫡