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What is Socean?

Socean is a noncustodial stake pool for the Solana blockchain based on the Solana stake pool reference implementation.

Full description of Socean

Socean is a noncustodial stake pool for the Solana Blockchain (?) based on the Solana stake pool reference implementation. Users deposit SOL, we stake it for them, and give them a derivative Token (?) called SOCN that can be redeemed for SOL at any time. The SOCN token can then be used in several different use-cases, like lending/borrowing, liquidity provision, trading, etc.
  • Exchange symbol (?): SOCN
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS