Parity Finance Overview

The Synthetic Staking Protocol

What is Parity?

Parity is a synthetic staking protocol built to redefine how staking is done. Inspired by how smart beta and active ETFs outperform passive index investing in traditional finance, Parity brings a similar philosophy to crypto — combining staking simplicity with systematic, rule-based yield enhancement that improves returns without introducing speculative risk.

Smarter, More Flexible, and More Rewarding Staking

We aim to make staking smarter, more flexible, and more rewarding — while keeping the experience simple, predictable, and fully transparent. Parity acts as an infrastructure layer that upgrades how crypto assets are staked and used, unlocking better outcomes for users without adding complexity.

Dynamic Allocation

Unlike traditional staking solutions that are static and low-yielding, Parity dynamically allocates capital between validator rewards and synthetic yield modules. This means users always earn the most competitive return possible — in both bullish and bearish markets — without needing to actively manage anything.

What is Synthetic Staking?

Synthetic staking is an advanced but transparent approach to staking. With Parity, users earn not only blockchain security rewards (validator yield) but also market-based rewards, such as funding fees paid by traders. These two sources of yield are seamlessly combined through automated, rules-based logic.

When users stake with Parity, they help secure both blockchains and crypto markets, contributing to greater stability across the ecosystem — and in return, they earn superior rewards.

In practice, users receive a synthetic liquid staking token (sLST) — such as pikSOL or pikUSDC — which grows in value over time, just like traditional LSTs. The user experience mirrors that of staking with popular protocols on Solana today, with no extra steps or complexity.

Why Parity Exists

Staking, in its current form, leaves much to be desired. Yields are typically low, inflexible, and unresponsive to real-time market conditions. On the other hand, many newer “yield-enhancing” protocols introduce unnecessary complexity, lack transparency, rely on active trading, and often do not offer principal protection — exposing users to avoidable risk.

Parity takes a different path.

We’re building a robust, transparent infrastructure layer designed to:

• Maximize staking efficiency in a predictable, risk-conscious way

• Deliver higher returns through systematic, rule-based synthetic yield infrastructure

• Maintain simplicity and transparency at every level of the user experience

Why You Should Care

Higher, More Sustainable Yields

E.g. 15–20% APY on SOL and USDC-based staking, by combining validator and market rewards

Proven Performance

V1 has been live on Solana mainnet (private beta) since October 2024, consistently outperforming all benchmarks

Simple UX, Smarter Back-End

Familiar staking experience with transparent, automated optimization behind the scenes

How It Works (At a Glance)

1. You deposit SOL or USDC

2. Parity mints a synthetic liquid staking token (e.g. pikSOL, pikUSDC)

3. Your assets are dynamically allocated to either validator staking or synthetic yield modules — depending on which offers better performance

4. The value of your sLST increases over time relative to the underlying asset, reflecting accrued yield

5. Withdraw anytime — standard withdrawals settle in 24–48 hours, or choose instant withdrawal (for a small fee) via our liquidity network