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jSOLi - The Solana LST Index

Built on Solana Powered by Anchor Status

A passive, diversified liquid staking strategy that automatically rebalances across Solana's top LST protocols while optimizing for APY.

Website: https://mint.jsoli.xyz
App: https://jsoli.xyz

Program: DSBLsQNcR9UVnoqbBw2cVvQUXj9PkHzp22xBq9ow8NdV
Status: 🚀 Live on Devnet — Jan 2026


Overview

jSOLi aggregates user deposits across multiple Liquid Staking Token (LST) protocols on Solana, automatically rebalancing to optimize yield. Users deposit SOL and receive jSOLi shares representing their proportional ownership.

Key Features

  • Passive Strategy - Deposit SOL, earn optimized staking rewards
  • Diversified - Spread across Jito, Marinade, BlazeStake, Lido & native staking
  • Auto-Rebalancing - Adjusts allocations when APYs shift
  • Secure - Circuit breakers, oracle validation, pause mechanism

Target Allocations

Protocol Allocation Token Est. APY
Jito 30% jitoSOL ~7.5% (incl. MEV)
Marinade 30% mSOL ~6.7%
BlazeStake 20% bSOL ~6.8%
Lido 10% stSOL ~6.5%
Native 10% SOL ~6.0%

Target Blended APY: 6.8-7.2%


Fee Structure

Fee Type Rate Max Allowed
Management Fee 0.5% annually 1.0%
Performance Fee 10% of gains 20%

Security

  • Features:
    • ✅ Checked arithmetic (no overflow/underflow)
    • ✅ Role-based access control
    • ✅ Emergency pause mechanism
    • ✅ Oracle staleness validation (60s max)
    • ✅ Slippage protection on swaps
    • ✅ Max 50% allocation per protocol

Program Addresses

Mainnet

Account Address
jSOLi Vault TBD
jSOLi Mint TBD

Devnet (Live ✅)

Account Address
jSOLi Program DSBLsQNcR9UVnoqbBw2cVvQUXj9PkHzp22xBq9ow8NdV
Vault PDA 5AvSxZhE4gxFVyoL3PpVRtrUa2hmYf9WUdsSbWxLiB7D
jSOLi Mint AUThYzVoRi6WEcgjAHyRCjjG3ZPpyi4xNn626z6rLWRf

Repository Structure

jSOLi-vault/
├── programs/jSOLi-vault/src/
│   ├── lib.rs              # Program entry point
│   ├── constants.rs        # Configuration values
│   ├── errors.rs           # 30+ custom error types
│   ├── state.rs            # VaultState, UserAccount, WithdrawRequest
│   ├── instructions/
│   │   ├── initialize.rs   # Vault setup
│   │   ├── deposit.rs      # SOL deposits → jSOLi shares
│   │   ├── withdraw.rs     # Two-step withdrawal
│   │   ├── rebalance.rs    # Allocation adjustment
│   │   ├── admin.rs        # Config, fees, pause
│   │   └── staking.rs      # LST protocol interactions
│   └── utils/
│       ├── math.rs         # Safe arithmetic
│       ├── validation.rs   # Input validation
│       ├── oracle.rs       # Pyth price feeds
│       └── protocols.rs    # LST protocol helpers
├── tests/                  # Anchor test suite
├── scripts/                # Deployment scripts
└── deployments/            # Network-specific configs

Quick Start

# Install dependencies
yarn install

# Build the program
anchor build

# Run tests
anchor test

# Deploy to devnet
anchor deploy --provider.cluster devnet

How It Works

Deposit Flow

  1. User deposits SOL into the vault
  2. Vault calculates shares based on current TVL
  3. jSOLi tokens are minted to user
  4. SOL is allocated across LST protocols

Withdrawal Flow (Two-Step)

  1. User requests withdrawal with jSOLi amount
  2. Vault creates WithdrawRequest with ~3 day unlock
  3. User completes withdrawal after unlock period
  4. jSOLi is burned, SOL returned to user

Rebalancing

  • Triggered when any protocol deviates >5% from target
  • Minimum 1 hour between rebalances
  • Open to any caller (permissionless trigger)
  • Slippage protection enforced

LST Protocol Integrations

Protocol Program ID Unstaking
Marinade MarBmsSg... Instant (0.3% fee) or delayed
Jito Jito4APy... Instant (0.1% fee)
BlazeStake stk9ApL5... ~2 days
Lido CrX7kMhL... ~3 days

Roadmap

  • Core program architecture
  • State accounts and error handling
  • Deposit/withdraw instructions
  • Rebalancing logic
  • Security audit
  • Devnet deployment
  • Pyth oracle integration
  • Complete LST CPI integrations
  • Comprehensive test suite
  • Mainnet launch

Built By

Jubilee Labs • Powered by Anchor • Deployed on Solana

License

This project is licensed under the MIT License.


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