FAQ

What is Splashing?

Splashing is a liquid-staking protocol built on SEI EVM. You stake SEI to help secure and govern the network and receive spSEI in return. spSEI can be used as liquid collateral across DeFi to earn extra yield.

How do I get staking rewards?

spSEI is a yield-bearing token. As validator rewards accrue, the exchange rate spSEI → SEI rises continuously. Simply holding spSEI means your position grows automatically, reflecting the staking rewards you’ve earned.

How long does unstaking take?

You have two options here:

• Regular unstaking: 21-day unbonding period.

• Instant unstaking: withdraw immediately by paying a fee.

What are the platform fees?

• Staking-rewards fee: 95% of the rewards are distributed to all stakers, while 5% of protocol-generated rewards go to the platform as an operational fee.

• Instant-unstaking fee: A dynamic, tiered liquidity fee calculated based on the current buffer liquidity. 95% of the collected fee is distributed to all stakers, while 5% goes to the platform as an operational cost.

How does instant unstaking work?

The protocol maintains a liquid SEI buffer for instant unstaking (bypassing the 21-day wait). The instant withdrawal fee is automatically reinvested into the staking system, increasing the exchange ratio and proportionally benefiting all stakers based on their stake amount.