Phantom Staked SOL wallet

What is Phantom Staked SOL (PSOL)?

Deposit SOL into the Phantom stake pool and PSOL comes back as the receipt. It is an SPL token built on Solana's stake pool program, the same machinery behind other pool tokens on the network, which means its behaviour is predictable: the token count you hold stays put, and the rate at which PSOL converts back to SOL moves as the pool's validators do their work.

Holding it involves a couple of Solana specifics. PSOL needs its own token account under your main address, and creating that account locks a small amount of SOL as rent, refundable when the account is closed. Every transfer, including the first one that opens the account, is paid in SOL, so an address holding only PSOL and nothing else cannot move it. Keep a small SOL balance beside it.

Unwinding is done through the pool: either an immediate exit at the going rate or a delayed withdrawal that returns an actual stake account.

Supported networks in Tangem (1): Solana. Since PSOL and the SOL that pays for its transfers sit in the same wallet, signing is a tap of the card against the phone, with no cable and no battery to think about - convenient for a token whose every move, even opening its account, costs a fraction of a SOL.