Staking Guide (Phase-1)
Step-by-step guide to staking SOL on Toby, earning genSOL, and accumulating staking yield, MEV rewards, and Pearls.
A step-by-step guide to staking SOL on Toby, earning genSOL, and starting to accumulate staking yield, MEV rewards, and Pearls.
What You Need
A Solana wallet (Phantom, Solflare, or any compatible wallet)
SOL to stake: the amount you want to deposit
A small amount of SOL for gas fees. Transaction costs on Solana are minimal but not zero.
How to Stake
Visit the Toby staking page at app.toby.so
Connect your Solana wallet on mainnet
Open the Stake tab and enter the amount of SOL to deposit
Click Stake and confirm the transaction in your wallet
Receive genSOL (1:1 ratio) in your wallet once the transaction finalizes
Start earning staking yield + MEV rewards automatically. No further action needed.
Minting is immediate as long as the current tranche cap hasn't been reached. Zero deposit fees.
What You Earn
Staking SOL on Toby gives you three streams of value:
Staking yield: Standard Solana staking rewards, accrued automatically while you hold genSOL.
MEV rewards: Your share of OpenMEV revenue generated through Toby's Validator Optimizer.
Pearls: Daily reward points that unlock priority allocation in the $TOBY public sale and future benefits (learn more).
All three start accruing the moment you hold genSOL. No claiming or compounding required.
Tranche System
genSOL supply is managed through capped tranches to control growth:
The first tranche starts at 10,000 genSOL
Once a tranche fills, there's a short cooldown for snapshot and refill
Multiple tranches will open over time, but early tranches carry the greatest benefits (higher Pearl rates, Black Pearl eligibility)
If the current tranche is full, wait for the next one to open
You can hold genSOL for rewards, or deploy it across DeFi platforms integrated with Toby.
How to Unstake
Open the Unstake tab and choose your method:
Instant (Sanctum swap)
Immediate
Market rate
Need SOL now
Delayed (Unbond)
End of epoch
0.1%
No urgency, zero price impact
Instant Unstake: Get SOL back immediately at the current pool quote. One transaction, no swap steps. Review the net amount, approve, and SOL returns to your wallet.
Delayed Unstake: Start an unbond and claim at the next epoch boundary. The 0.1% fee is included in the quote upfront. Choose this when you're comfortable waiting through the unbond cycle to avoid any price impact.
What's Next
genSOL is Toby's Phase-1 staked token. When tSOL (Toby's native LST) launches in Phase-2, the app will offer a one-click migration path. For now, mint, hold, and use genSOL. Stack your Pearls while the rates are highest.
Related:
Last updated