HORZY

Full Description 

We have built a fully decentralized, non-custodial staking protocol on the Solana blockchain using the Anchor framework.

Core Architecture:

– Non-Custodial: Users retain full control of their funds via Program Derived Addresses (PDAs). Only the user’s wallet can authorize transactions for their specific position.

– On-Chain Logic: All state management (staked amounts, rewards, timestamps) is handled 100% on-chain without centralized databases.

– Share-Based System: Staking SOL mints Horzy Shares, representing ownership in the global pool.

Key Features:

1. Dynamic Unstaking Window:

   – 15-Day Maturity: Positions mature over 15 days.

   – Early Exit Fees: Unstaking early incurs a dynamic fee burned from the principal.

   – Permanent Lock: After Day 15, the principal is permanently locked to sustain protocol liquidity. Users continue to earn and claim rewards indefinitely.

2. Rewards & Compounding:

   – High Yield: Competitive APR driven by protocol activity.

   – Compounding: Users can reinvest pending rewards to acquire more Shares, accelerating earnings via compound interest.

   – Real-Time Accrual: Rewards calculate dynamically based on time elapsed and global pool shares.

3. Referral System:

   – Instant Bonus: Referrers earn a 10% instant commission (configurable) on every deposit made through their link.

   – On-Chain Tracking: Referrals are verified and paid out atomically in the same transaction as the stake.

This project aims to provide a secure, transparent, and community-driven staking platform for SOL holders.