Sparrow Finance

Liquid staking ecosystem across multiple assets

Quick Links

• Staking

• Unlock

• Sparrow Swap

Why Liquid Staking?

Traditional staking means choosing between two tough options:

• Run your own validator — buy hardware, stay online 24/7, and manage constant updates; or

• Delegate your tokens — lock them up for long periods and lose liquidity, risking missed rewards if uptime drops.

Sparrow Finance removes all of that friction! You simply stake your tokens, and the protocol mints a matching sp-receipt token (like spAVAX or spBEAM). Your sp token represents your share in a pooled validator position that continuously secures the network.

As rewards accumulate, the redeemable value of your sp token automatically increases — so your position compounds over time without ever touching validator infrastructure.

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Why Sparrow Finance?

Sparrow Finance offers multi-asset liquid staking across networks — including assets like spAVAX, spSTRK, spBEAM, and spBTC.

Key Advantages

• Consistent Rewards: Validator earnings flow into each sp asset automatically.

• Secure Architecture: Upgradeable UUPS contracts with DAO-controlled parameters and emergency pause functions protect users against validator or market anomalies.

• Unified Experience:

  • The Sparrow Staking App handles staking and portfolio management.

  • The Sparrow Swap App provides instant DEX liquidity for sp assets — no waiting, no lockups.

• Transparent Unlocks: Clear claim windows and DAO-managed configurations keep liquidity flexible while preserving protocol safety.

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How it Works

1. Stake your supported tokens (AVAX, STRK, BEAM, BTC, and others).

2. Receive matching yield-bearing tokens (spAVAX, spBEAM, etc.).

3. Earn Rewards Automatically: Each validator pool accrues network rewards that raise the redemption value of your sp tokens.

4. Protocol Fees: Rewards are split with an 8% fee — 5% directed to the DAO treasury and 3% to ongoing development.

5. Governance Control:

   • DAO-managed UUPS upgrades enable rapid improvements or bug fixes.

   • Pause controls ensure user safety during validator or network events.

The result is a seamless liquid-staking system that keeps your assets productive, tradable, and secure — all under the governance of the Sparrow Finance DAO.