1. What is PolarSOL?
High yield LST (liquid staked token) on Solana with the POLARBEAR validator. LST represents your stake with POLARBEAR in the form of a token - polarSOL. polarSOL grows in value in relation to the underlying staking returns.
Major goal of polarSOL is to achieve high yield for polarSOL LST holders.
2. Who is polarbear?
Polarbear is a small individual validator with 5+ years of experience.
3. How do you plan to achieve high yield?
All validator rewards and fees are redistributed back to LST yields.
4. Who controls polarSOL?
We do not control the polarSOL LST. The LST was created in close collaboration with Sanctum team. The upgrade authority of Sanctum’s LSTs is currently held by a 10-member multisig. All members are highly reputable actors in the space: Jito, Jupiter, Laine, Mango, MRGN, Solblaze, and Sanctum. Any changes to the LST program will have to be approved by a majority vote from this multisig. No single party can unilaterally change the program.
