Stakin / Solana Validator

Solana

APR 6.89%
mainnet
Fees 0.00%
Public key(s)
23SUe5fzmLws1M58AnGnvnUBRUKJmzCpnFQwv4M4b9Er
Market Cap$71,796,953,076Price$234.91
RewardsEvery block (around 400ms)
APR6.89%
Lock-up periodOn Solana, there is a stake warm-up and a stake deactivation period: • It takes 4 epochs (about 10-12 days) for the stake to be fully activated and earn all the rewards it is supposed to • It stakes 4 epochs (about 10-12 days) for the stake to be fully deactivated and the SOL withdrawable after the unstaking request
CompoundingAutomated, the rewards accrue on the stake account address and earn more rewards
Slashing riskNo automated slashing implemented yet, case-by-case manual slashing in case of malicious behavior from the validator
Learn about Solana (SOL)
Solana is an open-source, high-performance, and permissionless blockchain. This tremendously popular blockchain launched in March 2020. Thanks to its speed and capacity of 50,000+ TPS (transactions per second) with block times as low as 400ms, it is one of the fastest global blockchain networks. In addition to being scalable, quick block time allows the support of high-frequency blockchain and financial applications. Solana was founded by Anatoly Yakovenko and is supported by leading blockchain figures such as ​​Sam Bankman-Fried. The network aims to solve the blockchain dilemma by creating a fast, scalable network that doesn't compromise security or decentralization. The protocol introduces eight core technologies, making it possible to scale transactions proportionally with bandwidth and thus lead industry transaction speed and business security. Among its core technologies, the consensus is achieved using Proof of Stake (PoS) and Proof of History (PoH) alongside PoS to increase efficiency and censorship resistance. PoH is a unique innovation and allows validators to compute the state of the network from the ledger itself. The native token of the Solana blockchain is called SOL. SOL can be used to trade with other digital assets running on Solana, pay network transaction fees, stake, join DeFi applications, and on-chain governance. Transaction fees on Solana are very low, with 1 SOL being enough to cover approximately 200,000 transactions. This makes it a very attractive blockchain for developers and users alike. The Solana blockchain is one of the most decentralized networks with 1,000+ active validators. It is fully permissionless, and as such, any individual or entity can launch its validator. However, deploying and maintaining validators requires institution-grade infrastructure and specialist expertise to mitigate slashing risks and ensure maximum uptime. For more information on Solana, you can visit the dedicated section of our blog: https://blog.stakin.com/tag/solana
stakinWhy stake with us?
Stakin has been an early supporter of the Solana blockchain ecosystem and is dedicated to the long-term growth of Solana: • Active on Solana since testnet TDS stage 1, February 2020 • Trusted by the Solana Foundation as part of the Foundation delegation program • Research on stake pools to further decentralize the network • Company and team hold SOL for the long-term and are fully aligned with the interest of the community, network, and delegators • By delegating to Stakin, you contribute to network decentralization by choosing a smaller validator • We offer dedicated support for all your staking, unstaking, and network-related questions
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