28 lines
1.4 KiB
Markdown
28 lines
1.4 KiB
Markdown
---
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title: Stake Programming
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---
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To maximize stake distribution, decentralization, and censorship resistance on
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the Solana network, staking can be performed programmatically. The team
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and community have developed several on-chain and off-chain programs to make
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stakes easier to manage.
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#### Stake-o-matic aka Auto-delegation Bots
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This off-chain program manages a large population of validators staked by a
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central authority. The Solana Foundation uses an auto-delegation bot to regularly delegate its
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stake to "non-delinquent" validators that meet specified performance requirements. More information can be found on the
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[official announcement](https://forums.solana.com/t/stake-o-matic-delegation-matching-program/790).
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#### Stake Pools
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This on-chain program pools together SOL to be staked by a manager, allowing SOL
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holders to stake and earn rewards without managing stakes.
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Users deposit SOL in exchange for SPL tokens (staking derivatives) that represent their ownership in the stake pool. The pool
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manager stakes deposited SOL according to their strategy, perhaps using a variant
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of an auto-delegation bot as described above. As stakes earn rewards, the pool and pool tokens
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grow proportionally in value. Finally, pool token holders can send SPL tokens
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back to the stake pool to redeem SOL, thereby participating in decentralization with much
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less work required. More information can be found at the
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[SPL stake pool documentation](https://spl.solana.com/stake-pool).
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