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DoubleZero Just Dropped a $537M Power Move for Solana Validators

A massive 3M $SOL stake pool is live. DoubleZero is laying down fiber to level up validator speed and decentralization on Solana.

  • Uses private & dark fiber to build a low-latency, high-speed mesh network
  • Aims to reduce reliance on the public internet for validator communication
  • 5% fee from validator rewards, plus token burn mechanisms to curb spam
  • Led by ex-Solana Labs Head of Strategy, Austin Federa

DoubleZero’s Austin Federa speaking at BUIDL Asia 2024. Source: CoinDesk

DoubleZero has launched a game-changing 3 million SOL stake pool, valued at approximately $537 million, under the ticker DZSOL. It’s a bold move to decentralize and speed up Solana’s validator network using a low-latency, high-performance fiber mesh infrastructure.

3M SOL Stake Pool Launched. Source: Double Zero on X

The protocol connects validators through a blend of private and dark fiber, creating a dedicated path for validator-to-validator communication that bypasses congested public internet routes. This means better uptime, lower latency, and stronger security across the Solana network.

Access to this premium infrastructure isn’t free; validators pay a 5% cut of their consensus-related earnings, and the system incorporates token burns to discourage spam and centralization pressure. It’s designed to be lean, fair, and performant.

Behind this is Austin Federa, who previously led strategy at Solana Labs. His vision is rooted in creating a distributed future where speed is matched by fairness and equal access. In his words:

“Faster is better, but faster alone is not enough. Faster must include the ability for everyone on the network to have the same access to data as everyone else.”

Final Take:

DZSOL isn’t just about staking, it’s about scaling Solana’s core. For investors who believe in the long-term growth of Solana, DoubleZero is laying down the infrastructure that could define the network’s next chapter. It’s a stealthy yet serious infra play, and one to keep on your radar.

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