Solana
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Staking period
12 months
Stake date
11-06-2023
Staking period
12 months
Closing date
11-06-2024
Your projected income less commission fees in tokens and in US dollars
Questions?
What is Solana?
Solana is a blockchain platform designed to provide fast, secure, and decentralized transaction processing. Solana uses a hybrid consensus mechanism called Proof of History (PoH) and Proof of Stake (PoS) to achieve high throughput and low latency.
What is Solana token?
Solana's token, SOL, is used for staking, governance, and paying transaction fees. SOL holders can participate in the network's consensus mechanism and earn rewards for validating transactions.
What is Solana staking?
Staking is the process of assigns tokens to validator, which helps increase validatorsā voting weight. Assigning your tokens to add to a validatorās stake-weight is known as ādelegatingā your tokens. Delegating your tokens to a validator does NOT give the validator ownership or control over your tokens. At all times, you still control all your staked tokens that you may have chosen to delegate.
Why stake?
Staking your $SOL earns you additional SOL as a reward and helps secure the Solana blockchain. SOL staking has historically yielded around 5.5% APY, but keep in mind the network inflation rate and validator commission, as both will impact your net staking rewards.
How to stake Solana (SOL)?
$SOL can be staked via Stakewolle with connected Phantom Wallet. Note that there is no minimum staking amount.
When are staking rewards issused?
Rewards are issued once per epoch.
How can I track activity related to Solana?
All stake accounts on Solana can be viewed on Solanaās network explorer
How can I calculate my earn by staking Solana (SOL)?
You can calculate your staking rewards by using the Solana staking calculator on the site
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