JagPool Staked SOL

Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.

JagPool is a liquid staking protocol on Solana: users stake SOL, receive a liquid token, and earn validator rewards. At $58M TVL at the 2026-08-14 survey it is below our $100M materiality line, so a sleeve-sized client position would be too large a share of the token’s liquidity to exit cleanly. Rejected on size; size alone decides it, whatever the protocol’s quality. If TVL crosses the line and holds, the file reopens and joins the Solana LST comparison, where Marinade is the selected provider.

Kill criteria: the events that revoke this verdict
• TVL sustained above $100M for 30 days

The research file

Mechanism applicability

JagPool uses Solana’s native stake-pool design: SOL is delegated across validators and a depositor receives jagSOL representing a share of the pool. Protocol documentation states a 5% fee on rewards. The return is therefore native validator yield, while a holder inherits stake-pool, validator-selection and token-liquidity risk.

Protocol-specific operating evidence

JagPool publishes a regional delegation strategy and currently describes allocation weights of 47% performance score, 23% community goods, 15% JagPool partners and 13% snapshot providers. Those disclosures show applicability to the Solana LST class, but this size-gated review does not validate current validator concentration, authorities, audits or incidents and must not be read as individual deep research.

Exit consequence

The protocol says jagSOL can be exchanged back for SOL at the end of an epoch, while a secondary sale depends on available market liquidity. DefiLlama’s current API record is about $57M, below the class threshold, so an advised sleeve could be a meaningful share of the pool or token liquidity. Exit capacity, not a claim of protocol impairment, drives the class result.

Why the class rule decides

The v1 dossier requires TVL at or above $100M for 30 days before an individual review. JagPool remains below that line. If it crosses and holds, the reopened file must compare delegation, authorities, validator concentration, security record and stressed exits with the selected Solana LST; crossing the line would reopen diligence, not confer approval.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

• JagPool Docs — stake-pool design and fees · primary · accessed 2026-08-14
  Supports: native stake pool, regional delegation, validator criteria, rewards fee
• JagPool — allocation and redemption overview · primary · accessed 2026-08-14
  Supports: allocation weights, jagSOL pool share, epoch redemption, custody design
• DefiLlama — JagPool Staked SOL survey record · secondary · accessed 2026-08-14
  Supports: current TVL, chain, liquid-staking category

Inherited controls

The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.