Sui05.22.2025
Introducing “SpringSui” – A Liquid Staking Protocol Built on the Sui Chain
Hello OSHI holders!
In this article, we will explain how to use “SpringSui”, a liquid staking protocol deployed on the Sui blockchain.
What is SpringSui?
- Developed by the DeFi lending protocol Suilend
- By staking $SUI, users can mint $sSUI (a liquid staking token)
- $sSUI can be used in DeFi for swaps and lending while still earning staking rewards
- Users holding $sSUI can exchange it back to $SUI at any time
In this guide, we will walk you through the following steps:
- Minting $sSUI and using $SUI
- Restaking $sSUI via Suilend
If you’re interested in exploring the Sui ecosystem, be sure to check it out!
Steps to Stake $SUI and Mint $sSUI
Access SpringSuiand click “Connect” at the top right of the screen.
Click on a wallet that supports the Sui Network and connect it.
In this example, we will stake 40 $SUI.
The amount of $sSUI issued per 1 $SUI, APY, staking fee, and unstaking fee will be displayed.
Next, click “Stake” to proceed.
Approve the transaction to complete the process.
Once the deposit is complete, you can check it under the “NFTs” section in the “Assets” tab of your Sui Wallet.
That concludes the steps for staking $SUI and minting $sSUI.
Steps to Restake $sSUI via Suilend
The minted $sSUI can be restaked via Suilend, a lending protocol on the Sui blockchain.
Restaking refers to the mechanism of either staking liquid staking tokens again or reusing already staked assets in other protocols for additional yield opportunities.
First, click on Explore, then select “Lend on Suilend.”
Enter the amount of $sSUI you wish to deposit, then click “Enter AN AMOUNT.”
On this screen, you can also check the Deposit APR.
Approve the transaction to complete the deposit process.
Once the deposit is completed, it can be confirmed as an NFT.
You will be able to claim the $sSUI earned through Rewards.
Additionally, the deposited $sSUI can be withdrawn by clicking “Withdraw” and proceeding with the steps.
That concludes our walkthrough of the staking process on the liquid staking protocol “SpringSui”, and the restaking process via the lending protocol “Suilend”.
Thank you for reading to the end!