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AscendEX (Formally BitMax) |
| Name | Socean Staked Sol |
| Symbol | SCNSOL |
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Socean is a noncustodial stake pool for the Solana blockchain based on the Solana stake pool reference implementation. Users deposit SOL, we stake it for them, and give them a derivative token called SOCN that can be redeemed for SOL at any time. The SOCN token can then be used in several different use-cases, like lending/borrowing, liquidity provision, trading, etc.
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