The Vault Staked SOL wallet

What is The Vault Staked SOL (VSOL)?

VSOL is a liquid staking token on Solana. Behind it sits SOL delegated to validators, and the token is a claim on that pool: you receive VSOL when you deposit SOL, and you give it back to get SOL out, either through the protocol's withdrawal path or by swapping it on the open market.

The detail that trips people up is how the accounting works. The number of VSOL in your wallet does not change while you hold it. What changes is the amount of SOL each VSOL corresponds to, which moves as the validators' stake grows over epochs. So a wallet showing the same VSOL figure month after month is behaving exactly as designed; the position is measured in SOL terms, not in token count. Redemption through the protocol is not instant either, since unstaking on Solana follows the epoch cycle.

As a token it is an ordinary SPL asset: a token account under your Solana address, and SOL needed at that address to pay for any transfer. Supported networks in Tangem (1): Solana.

Nothing has to be done on your side for the underlying stake to keep working, and Tangem fits that: the app simply reads the current state from the network when you open it, and the card that authorises transactions can spend the whole time in a drawer. A holding that looks after itself deserves storage that asks nothing of you either, which is the case for keeping VSOL here.