Loading...What is Toby?
Toby operates as the first Open-MEV (Maximal Extractable Value) network built on Solana. The platform addresses critical challenges within Solana’s high-performance blockchain ecosystem by providing transaction filtration services that make on-chain transactions significantly more efficient, safer, and cost-effective. Through its advanced system, Toby identifies and mitigates harmful or spammy transactions that can congest the network and negatively impact user experience.
The core product of the Toby ecosystem is genSOL, an Open-MEV liquid staking pool that allows users to stake SOL tokens in exchange for genSOL—a liquid representation that continues earning native staking yields, MEV rewards, and future platform incentives without requiring users to lock their assets. This modular system incorporates an MEV-switchboard mechanism that enables stakeholders to control and capture MEV opportunities such as arbitrage and liquidations, promoting a more equitable distribution of value across the ecosystem.
Toby’s importance within the Solana network becomes clear when considering its potential impact on network reliability and user rewards. With MEV tips currently representing approximately 55% of Solana’s economic value and the network securing over $68 billion in SOL while processing 2-3 blocks per second, efficient MEV capture and distribution becomes crucial for long-term sustainability. The platform’s automated validator optimization selects top performers based on reliability and MEV track record, while offering reward compounding and seamless DeFi integration opportunities for additional yields.
Toby Airdrop Details
The Toby airdrop is currently in its Genesis Chapter 1 phase, which launched on September 17, 2025. This campaign centers around the $genSOL staking mechanism, where participants can stake SOL tokens to receive genSOL and begin earning Pearls—the platform’s internal point system designed for future airdrops and rewards distribution. The campaign operates without a fixed end date, allowing early participants to take advantage of higher yields and enhanced earning opportunities.
The airdrop structure includes multiple reward layers for participants. Stakers earn Pearls through the internal points system, receive LST (Liquid Staking Token) yields through Sanctum partnership, and maintain DeFi compatibility for additional reward opportunities. The campaign also features a referral program where users can share codes to earn a percentage of referred stakes in Pearls, amplified through Toby’s Discovery system.
How to Participate in Toby Network Airdrop
- Visit the Toby Platform
- Go to Toby’s web app
- Connect your Solana wallet (Phantom or other compatible wallets)
- Enter referral code: CQUFFW
- Complete Social Onboarding Tasks
- Follow @StakeToby on X (Twitter)
- Join Toby’s Discord server
- Retweet the testnet announcement post by Toby on X
- Click “Next” to proceed after completing these tasks
- Acquire SOL Tokens (if needed)
- Stake SOL for genSOL
- Enter the amount of SOL you want to stake on Toby’s platform
- Click “Stake” and confirm the transaction in your wallet
- You’ll receive genSOL tokens representing your staked SOL
- Begin earning Pearls immediately upon successful staking
- Activate Referral Program
- Navigate to the “Referrals” section on the platform
- Copy your unique referral link
- Click “Share on X” to post your referral link
- Include “Toby Code” in your social media posts to enhance discovery
Tips for Maximizing Rewards
Early Participation Advantage: Staking early in Genesis Chapter 1 provides higher yields and better positioning for future chapters. The platform rewards early adopters with enhanced earning rates that may decrease as more participants join the ecosystem.
Referral Strategy: Actively sharing your referral code can significantly boost your Pearl earnings. Focus on engaging with the Solana and DeFi communities on social media platforms, particularly X and Discord, where potential participants are most likely to be active.
DeFi Integration: Take advantage of genSOL’s compatibility with other DeFi protocols on Solana. You can potentially earn additional yields by participating in liquidity pools or lending protocols that accept genSOL as collateral while continuing to earn Pearls from Toby.
Social Engagement: Regular interaction with Toby’s social media channels and community discussions can lead to additional rewards opportunities. The platform occasionally announces bonus campaigns or special events for active community members.
Frequently Asked Questions
What makes Toby Network different from other liquid staking protocols?
Toby Network distinguishes itself through its focus on MEV capture and distribution. While other liquid staking protocols primarily offer staking yields, Toby adds MEV rewards and transaction filtration benefits that can significantly increase overall returns for participants.
How are Pearls converted to actual tokens?
The conversion mechanism for Pearls has not been fully detailed, as this will likely be announced closer to the official token launch. Participants should monitor official communications from Toby Network for updates on tokenomics and distribution schedules.
Can I unstake my genSOL at any time?
Yes, genSOL functions as a liquid staking token, meaning you can trade or convert it back to SOL through supported platforms. However, specific unstaking mechanisms and any potential waiting periods should be verified on the official platform documentation.
What are Chapters 2 and 3?
Future campaign phases that will likely introduce additional earning opportunities and ecosystem integrations. While details remain limited, these chapters are expected to expand the “otters” ecosystem and provide new ways to earn rewards beyond the current genSOL staking model.
Conclusion
The Toby Network airdrop represents an opportunity to participate in Solana‘s first Open-MEV network while earning multiple reward streams through the Genesis Chapter 1 campaign. By staking SOL for genSOL tokens, participants can earn Pearls for future airdrops, receive liquid staking yields, and maintain flexibility for additional DeFi activities. The platform’s focus on MEV capture and fair distribution addresses significant challenges within the Solana ecosystem while providing tangible benefits to everyday users.
Success in this airdrop campaign requires active participation through both staking activities and community engagement. Early participants benefit from higher yields and better positioning for future campaign phases. As with any DeFi participation, users should conduct their own research and only commit funds they can afford to risk while staying updated on official announcements regarding token distribution and future campaign developments.
You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
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Estimated Value
n/a
Tokens per Claim
n/a
Max. Participants
Unlimited
