To qualify for the $ADRA airdrop, follow our step-by-step guide 👇

1. Go to the site and connect your Solana wallet:

Stake $SOL/ $sSSOL/ $sonicsSOL, get $lrtsSOL and claim $ADRA

1. You can also get a boost with JLP and deposit USDC in the Lend tab:

Track updates, complete activities, and ensure your participation in the ecosystem.

Ultra liquid restaking on Solana https://adrastea.finance\
#Adrastea #AdrasteaFinance #Lending #Restaking #Staking #DeFi #Solana #SolUltra liquid restaking on Solana https://adrastea.finance**\#Adrastea #AdrasteaFinance #Lending #Restaking #Staking #DeFi #Solana #Sol**

Adrastea operates on two key fronts:

Passive Lenders: These are individuals or entities seeking passive income with minimal risk. By lending their assets, they earn an APY . Anyone can become a liquidity provider on Adrastea.

Boosters (Borrowers): These are active traders, yield farmers, and even other protocols aiming to amplify their positions by borrowing liquidity. Borrowers can leverage their collateral to borrow up to 2x their notional size, significantly enhancing their trading power and potential returns.

Adrastea’s introduction of Ledger Positions is a key component of its system. This feature records essential user details such as the amount borrowed, average entry price for leverage, and fees paid. By doing so, it enables precise management of leveraged positions. The ledger integrates liquidity providers and boosters, allowing the smart contract to execute predefined actions based on market conditions and user interactions, ensuring a seamless and efficient operation.

Many elements of Adrastea's lending protocol draw inspiration from Aave. In both systems, lending and borrowing rates are interconnected, determined by the utilization ratio, which is calculated as the total borrowed assets divided by the total supplied assets in the lending pools.

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Adrastea operates LRT, built on top of Solayer, serving as the gateway to Solayer's ecosystem by securing Actively Validated Services (AVSs) through smart delegation. This enables users to unlock liquidity while amplifying their yield and rewards.

When a user deposits native SOL into Adrastea, it mints an LRT token called lrtsSOL at a specific swap rate, providing seamless access to both staking and liquidity benefits.

lrtsSOL

lrtsSOL is a liquid restaking token (LRT) on Adrastea, representing a user’s restaked position in Solayer with delegation to AVS. It serves as a receipt token while enabling users to “restake” or “reuse” their SOL via Solayer without locking their restaked assets. This ensures liquidity while maximizing capital efficiency.Users can deposit native SOL and receive lrtsSOL on Adrastea, securing both staking and restaking rewards. Technically, lrtsSOL represents a user's yield bearing SOL means that the value of this LRT token increases relative to the underlying asset; rewards are reflected in the price of lrtsSOL.

lrtsSOL Contract: https://solscan.io/account/DSsS7nzPv1AhX5UKYMWYSioyd3E8w9QjnTjNA7kyQzVA

Why to Liquid Restake?

Liquid restaking brings additional benefits for the user who wants to unlock their liquidity:

1. Liquid restaking provides significant advantages for users looking to unlock liquidity from their Solayer AVS delegations and leverage their assets across the DeFi ecosystem. The primary benefit of liquid restaking is that it frees up liquidity from Solayer while still earning rewards. For example, users can integrate with DeFi platforms like BANX lending market, where lrtsSOL can be used as collateral to borrow funds.

2. While unlocking liquidity is the main incentive, manually optimizing AVS benefits and yield can be a complex and time-consuming process. Adrastea simplifies this by automatically sourcing the best yield and rewards from multiple AVS, ensuring that your assets are always working at peak efficiency. Additionally, through special partnerships with AVS, Adrastea offers extra rewards on top of standard delegation benefits.

3. Holding sSOL already generates Solana staking rewards and potential Solayer incentives. However, by utilizing lrtsSOL from Adrastea, you amplify these benefits. Adrastea routes your liquidity through the best AVS, optimizing yield and boosting your returns. Pure Restaking: Your SOL → Solayer

   Liquid Restaking: Your SOL → Adrastea → Solayer → Best AVS

   Withdraws

   You can withdraw your Sol back by two options:

   1. Directly through the Adrastea website: By using the unstake and withdraw option.

   2. Swapping lrtsSOL to SOL on secondary markets.

   To withdraw your SOL directly via Adrastea, start by navigating to the unstake tab. Since the underlying liquidity is delegated to AVS and staked to Solana validators, you must first unstake it. Because Solana validators cannot unstake liquidity instantly, you’ll need to wait until the current epoch ends. Initiating this process burns your lrtsSOL, and once the epoch concludes, you can claim your SOL in the withdraw tab. The withdrawal tab will also display when the next epoch ends and the status of your unstaking request.

   For instant liquidity, you can swap lrtsSOL for SOL on protocols that provide liquidity for the lrtsSOL/SOL pair, bypassing the waiting period. Adrastea partners with various protocols to expand the use cases for lrtsSOL and enhance its liquidity options.

   Fees

   Adrastea will not charge any fees during epochs.

   AVS

   Actively Validated Services (AVSs) are systems that leverage decentralized validation semantics to verify transactions, taking consensus into their own hands and operating independently of the Solana consensus layer. This approach provides additional layers of security and utility.

   AVSs can be classified into two categories:

   • Exogenous AVSs: External systems, such as oracles and bridges.

   • Endogenous AVSs: On-chain decentralized applications (dApps).

   Routing Engine

   Adrastea is developing an automated routing engine to direct liquidity to the best AVS and optimize rewards. Currently, we manually identify top-performing AVS in collaboration with the community to ensure optimal results. Our initial partner for liquidity delegation is Sonic AVS.

   Technical Architecture

   Overview

   The LRT smart contract is designed to streamline the process, delivering competitive APY and rewards to users efficiently. Below is a flowchart illustrating the Liquid Restaking process on Adrastea:

Here’s the explanation about the LRT process:

• User deposits native SOL on Adrastea and it mints lrtsSOL for the user, acting as a receipt from a restaked position on Solayer with delegation to AVS.

• Solayer's process involves converting SOL into its native staked form, sSOL, and delegating it to validators recommended by Solayer. These validators then delegate the sSOL to an endoAVS on Solayer, transforming it into a delegated form. The Solayer's dApps mint Delegate Tokens, which serve as proof of stake, allowing users to retrieve their staked SOL and claim associated rewards.

• With lrtsSOL, user can deposit into other protocols to access an additional layer of liquidity, enabling them to earn even greater yields and rewards.

• Learn more about unstake/withdraw when user wants to close the position.

LRT enables users to earn yield and rewards from Solayer, delegated AVS, Adrastea, and any other DeFi protocols with which they interact using lrtsSOL.

Ultra liquid restaking on Solana https://adrastea.finance

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Adrastea is a composable protocol that simplifies advanced DeFi strategies, like Leverage JLP and Liquid Restaking, offering high-yield opportunities easily accessible on Solana.

By focusing on real yields and rewards, Adrastea is designed to serve two primary types of users:

• Users who prefer not to manage their positions actively and wish to amplify the yield.

• Protocols seeking to generate additional yield from their treasury holdings.

The protocol is divided into two main mechanisms:

Leverage JLP

Introduces JLP, an index token designed as the primary asset for leverage. Users can deposit either JLP or USDC, depending on their risk tolerance, and start earning yield with just one click. This strategy operates using single-asset lending and provides a predefined leverage boost for JLP depositors, maximizing returns while simplifying the process.

Liquid Restaking

Introduces LRT tokens, starting with lrtsSOL (liquid delegated sSOL). By restaking with Adrastea, users unlock the liquidity of their AVS delegations while ensuring the best possible yield and benefits through smart AVS routing.

Ultra liquid restaking on Solana https://adrastea.finance

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