gmSOL (Solana)
The SOL-denominated vault — liquid staking token optimization, SOL lending, and leveraged staking loops with strict leverage caps.
gmSOL is _gamma's SOL vault. You deposit and withdraw in SOL and receive gmSOL share tokens. The agent pursues SOL-denominated yield from staking, lending, and controlled leverage, with health monitoring on every leveraged position.
| Attribute | Value |
|---|---|
| Deposit / withdraw asset | SOL |
| Share token | gmSOL (SPL) |
| Strategy class | Solana |
| Share price | NAV / total shares, published on-chain |
Strategies
Liquid staking token (LST) optimization
The agent holds and rotates between liquid staking tokens when the reward difference justifies the move. Because LST-to-LST swaps are near-free, the agent can shift toward the best-yielding staking token without meaningfully eroding value on transaction cost. Rotations still pass the same cost-versus-benefit test as any other rebalance.
SOL lending
SOL can be supplied to lending venues for additional yield, with the agent monitoring supply rates, utilization, liquidity depth, and protocol risk and routing toward the highest risk-adjusted return. Idle SOL not otherwise deployed is routed to lending.
Leveraged staking loops
Controlled leverage loops that amplify staking yield, via venues such as Kamino multiply and Project Zero loops. Leverage is bounded by strict per-strategy caps, with continuous liquidation-health monitoring and automated deleveraging if a position's health deteriorates; loops are opened only where they can be closed cleanly.
Risk controls
- Strict leverage caps bound every loop; the agent does not exceed the configured ceiling for a strategy.
- Liquidation-health monitoring with automated deleveraging protects positions if the market moves against the loop.
- Provider tier caps limit concentration with any single protocol.
- Cost-aware rebalancing and NAV freshness gates apply as they do across all vaults.
Because SOL is a volatile asset, the value of a gmSOL position moves with SOL itself; the vault optimizes SOL-denominated yield, not USD-denominated returns. See The ML solver and Rate analysis.
Deposits and withdrawals
Deposits are instant and mint gmSOL at the current share price. Withdrawals are instant when the vault holds enough liquid SOL, or queued via an on-chain receipt while the agent unwinds positions to free liquidity — typically minutes. Fully closing a leveraged loop can occasionally take longer than a simple lending exit. See Deposits and Withdrawals.
Yields are variable and on-chain verifiable; no specific return is promised here.
Next: plRWA (Plume RWA)