🚀 DeFi fans, buckle up: Solana traders are playing the high-stakes leverage game with their SOL tokens and mSOL derivatives! 😂 Remember Ethereum’s LST craze? They're doing it too!
🎢 Drift Protocol has launched "Super Staking," a one-click service for users to join the loop-de-loop of borrowing SOL against mSOL collateral and swapping it for more mSOL (and more yields!). 🌟 Traders are loving it, as annualized yields can climb as high as 10%! 💥
📈 SOL’s price jumped 8.8% in the past 24h, and Drift nearly ran out of SOL tokens to lend out. 🤯 But beware, this leverage carousel 🎠 could lead to fast losses & liquidation if mSOL's value drops.
🤔 Tried Super Staking? Share your experience in the comments! 🎉👇💬 #DeFi #Solana #SuperStaking