Splashing

Splashing is a liquid staking protocol on the SEI network. Users stake SEI to receive spSEI, a reward-bearing token that represents their staking share and accrues value as protocol rewards accumulate, so they keep liquidity while taking part in network security. The model is a form of liquid staking, and spSEI stays usable as an on-chain certificate in staking and composable scenarios across the SEI ecosystem rather than being fully locked during the staking period.

The interface offers stake, withdraw and claim actions and shows running figures such as cumulative volume, cumulative fees and the staking reward fee, while the exchange ratio between spSEI and SEI moves with accrued rewards from an initial one-to-one rate. The project also provides docs explaining how the reward-bearing token earns, notes a zero staking reward fee, and lets users withdraw principal and accrued rewards at any time without a long lock.