kySOL
kySOL is the flagship product of Kyros. It represents a liquid restaking token tied to SOL, where users can deposit SOL or JitoSOL into Kyros to receive an equivalent amount of kySOL in return.
With kySOL, users are effectively exposed to JitoSOL and all its benefits, including Solana staking rewards and MEV rewards. Additionally, kySOL accrues extra restaking rewards by providing economic security to Node Consensus Networks (NCNs). Over time, this combination means that kySOL's Annual Percentage Yield (APY) is expected to be at least equal to that of JitoSOL—and potentially higher, as the yield potential is theoretically uncapped for users.
Because kySOL is a liquid restaking token, it can be used in DeFi applications to leverage other opportunities. For instance, kySOL can be added to liquidity pools on DEX, or used as a collateral for borrowing.