Post by plutos about Phantom Staked SOL ($PSOL)

$PSOL I checked the Phantom Staked SOL page in Phantom's Chrome extension (5 Oct 2026, wallet with 0 SOL that has never staked).

What I noticed:

Under a "Native Stakes" heading, the page shows "You haven't earned SOL yet" and a "Stake More" button. I've never staked, so this reads like I already have a stake that isn't earning. And PSOL is liquid staking, which Phantom's Help Center describes as different from native staking.

The ⓘ next to it says rewards are "calculated in near real-time based on the price change between SOL and PSOL". But the Help Center says PSOL rewards typically update at the start of each epoch (about 2–3 days), and earnings only appear once they exceed the 0.1% exit fee. A new staker could see "You haven't earned SOL yet" for days and think something is wrong.

Suggestion: if the wallet has no PSOL, show "Stake SOL to start earning" with a plain "Stake" button, under a "Liquid staking" label. In the tooltip, add one line: "Updates each epoch (~2–3 days). Earnings show after they pass the 0.1% exit fee."

Question: is "earned" based on PSOL's market price or on the stake pool rate? If it's market price, can it go negative when PSOL trades below its pool value?