> ## Documentation Index
> Fetch the complete documentation index at: https://docs.dyxy.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Liquid staking

> Stake SOL, ETH or AVAX and receive mSOL, osETH or sAVAX that you can trade or use anywhere.

Liquid staking gives you a token in exchange for your staked assets. That token earns staking rewards, and you can still sell it, swap it, use it as collateral or put it in a liquidity pool. You don't have to choose between earning and staying liquid.

## Supported tokens

| Token | Stake | Protocol | Network |
| - | - | - | - |
| **mSOL** | SOL | Marinade | Solana |
| **osETH** | ETH | StakeWise | Ethereum |
| **sAVAX** | AVAX | BENQI | Avalanche |

## How the token earns

Liquid staking tokens are **reward-bearing**. Your number of tokens stays the same, but each token becomes worth more of the underlying asset over time as rewards build up.

**Example.** You stake 10 SOL when 1 mSOL is worth 1.25 SOL. You receive 8 mSOL. A year later, 1 mSOL is worth about 1.34 SOL. Your 8 mSOL can now be redeemed for about 10.7 SOL.

## Stake

**1. Pick a token**

Open **Earn → Staking → Liquid** and choose mSOL, osETH or sAVAX.

**2. Enter an amount**

DYXY shows the exchange rate and how many tokens you receive.

**3. Confirm**

The liquid staking token arrives in your wallet.

## Getting your assets back

You can exit a liquid staking position in two ways.

| | Swap | Unstake through the protocol |
| - | - | - |
| Speed | Instant | Takes time, depending on the protocol |
| Price | Market price, which can be slightly below the redemption value | Full redemption value |
| How | Sell the token in [Swap](https://docs.dyxy.io/trade/swap/overview.md) | Request an unstake on the staking page |

Unstaking times through each protocol:

* **mSOL.** Delayed unstake completes at the end of the Solana epoch, about 2 days.
* **osETH.** Goes through the StakeWise exit queue, which depends on Ethereum's validator exit queue. Usually a few days.
* **sAVAX.** A 15-day cooldown, after which you have a 2-day window to claim your AVAX.

> [!WARNING]
>
> sAVAX must be claimed within the 2-day window after the cooldown. If you miss it, the AVAX stays locked until you restake it as sAVAX, and you have to request the unstake again, with a new 15-day cooldown.

## Using liquid staking tokens

* Swap them on DYXY at any time.
* Provide them as liquidity in [Pools](https://docs.dyxy.io/earn/pools/overview.md).
* Supply them as collateral in [Lend](https://docs.dyxy.io/earn/lend/overview.md), where the market supports them.

Each use adds the risks of that protocol on top of the staking protocol's risks.


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