What is stSUI?
stSUI (Staked SUI) is AlphaFi's instantly unstakable liquid staking token (LST) and the first implementation of the AlphaFi's stSUI LST Standard. It allows users to stake their SUI while maintaining liquidity, enabling them to freely transfer, trade, or use stSUI in DeFi protocols without losing access to staking rewards.
What is an LST?
LST stands for Liquid Staking Token. It represents staked assets while providing liquidity to users. When you stake SUI to validate Sui network transactions, you receive an LST in return, such as stSUI.
Unlike traditional staking, where your assets are locked and inaccessible, LSTs let you:
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Earn Staking Rewards: Continue earning rewards from the underlying staked asset.
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Maintain Liquidity: Freely trade, transfer, or use the token in DeFi protocols (e.g., lending, borrowing, or yield farming).
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Unstake Instantly: Redeem LSTs for the original staked asset without waiting for lengthy unstaking periods.
LSTs are revolutionizing staking by combining the benefits of staking with the flexibility of liquid assets.
What is the AlphaFi's stSUI LST Standard?
The stSUI Standard is an open-source liquid staking framework designed to provide enhanced liquidity and minimize depegging risks. By enabling instant unstaking and custom LST creation, it ensures secure and seamless staking experiences for users across the Sui ecosystem.
How does it work?
When you stake SUI, you receive a liquid staking token, such as stSUI, representing your stake. Unlike traditional staking, stSUI enables instant redemption of tokens for SUI, eliminating risks of depegging during market volatility or liquidity shortages.
Through the stSUI Standard, stSUI maintains strong liquidity reducing depegging risks, making it a safer option compared to other LSTs.
Why choose stSUI?
stSUI, powered by the stSUI Standard, offers the following benefits:
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Liquidity: stSUI tokens can be freely transferred, sold, or used in DeFi protocols while still earning staking rewards.
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Instant Unstaking: No waiting periods—unstake instantly for SUI.
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Yield Maximization: stSUI unlocks the full utility of your staked assets by integrating seamlessly with DeFi protocols.