Solana (SOL) price has experienced significant volatility, and Poain offers a stablecoin staking option that the company describes as an alternative for some users. Solana is widely used in decentralized applications, including decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, but its price remains subject to change. Market participants should be aware of the potential for rapid price movement even for widely used tokens. Poain describes its staking platform as focused on stablecoins rather than volatile tokens.
According to the project, the platform is designed to provide returns denominated in stablecoins, which the company says may be less exposed to token price swings. According to Poain, the platform combines stablecoins with smart-contract infrastructure so users can deposit assets and receive payouts denominated in stablecoins. The partnership is described by the project as an attempt to combine aspects of blockchain transparency and security with financial predictability for users who prefer more stable payout denominated in stable assets. Reported stable daily payouts: The project states payouts are denominated in stablecoins, which it says may offer more consistent day-to-day value compared with payouts denominated in volatile tokens.
The company claims users can better estimate their expected receipts when payouts are denominated in a stable asset. The project suggests that denominating payouts in stablecoins can reduce the immediate effect of token price declines on payout value. The project presents the model as understandable for a range of users, from new entrants to more experienced participants. Traditionally, staking rewards are paid in the staked token.
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