introduction

BlazeStake is a non-custodial Solana stake pool that allows users to stake their SOL tokens and receive bSOL tokens in return. bSOL represents the staked SOL, grows in value based on staking rewards earned, and can be used in DeFi apps. BlazeStake automatically delegates staked SOL across Solana validators to decentralize the network. Users can withdraw their original SOL at any time via instant unstaking (higher fee) or delayed unstaking (lower fee). BlazeStake makes staking SOL easy while strengthening Solana network security through decentralized validation.

Source

Observations

• 95% of current stakers had staked between 0 and 100 SOL
• most of big stakers in the balze are old wallets of solana which joined even before 2022

Observations:

• currently 258K Sol staked by 5.7K Users on 54.8 Staked Sol AS Average
• due to the airdrop hype we can see high sol amount staked on blaze in the last 2 months with more than 220K Sol net Amount
• with this big amount of staked sol The Tvl of the platform reached 5.9M USD or 258K Sol

Observations

• there were 5.5K new stakers in the last 2 months
• most the users deposited sol to the platform but we can see increase in the last month in withdraws Transcations

Observations

• High amount of bSOl swapped to other Assets in the last 2 month ,even number of sellers get higher than buyers
• mostly bSOL got swapped to Sol and jitsol

Observations

• the top destination for bSOL is orca which users sent for swap action
• also we can see high amount of bSOL sent to MarginFi for Defi Action [lending] Reached 135K bSOL

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