Solana

Solana

SOL
Market cap$82,185,055,771.00
Price$177.050
Est. APR7.27%Fee 5.00%

What is Solana?

Solana, established in 2017 by Anatoly Yakovenko, a former Qualcomm executive, is an open-source blockchain platform. Solana boasts fast and cheap transactions and is reportedly able to handle 65,000 transactions per second (TPS), with an average cost per transaction of $0.00025, making it one of the most scalable blockchain platforms.

SOL is the native cryptocurrency of the Solana ecosystem used for network operations, governance, and staking on the Solana ecosystem.

What is Solana staking?

Staking is a great way for long-term crypto investors to earn passive income on their Proof-of-Stake cryptocurrency assets (such as SOL) while taking part in securing the network.

Stakers, by delegating tokens to validators, give voting rights to these to validate transactions on the blockchain and propose new blocks. The more stake is attributed to a validator, the more it will be able to participate in the network consensus and earn rewards for its stakers.

A quick example: Suppose a blockchain network offers a 5% reward rate for a staking period of 1 year (5% APR). You decide to lock up and stake 100 tokens on the network. After a year, you can access your staked tokens, and you receive 5 additional tokens as your reward – minus eventual fees charged by the staking provider.

Staking Proof-of-Stake (PoS) cryptocurrencies such as SOL does not require stakers to transfer their tokens to validators. It is a non-custodial process.

Why is Stakin a great choice for Solana staking?

Staking your assets on your own is operationally challenging as it requires specialist expertise to set up nodes and ensure constant uptime to maximize rewards or prevent so-called slashing: partial loss of your staked cryptocurrencies due to prolonged downtime, or inappropriate/malicious behavior by the node operator.

Stakin is an excellent choice for staking your Solana (SOL) tokens, as we have a strong expertise and track record of reliable operations on this network. Stakin has been a Solana testnet participant since the very early Solana testnets with TDS Stage 1 in February 2020. Stakin is also a trusted partner of the Solana Foundation as part of the Foundation’s delegation program, and partners with leading liquid staking protocols such as Marinade and JITO.

In addition, Stakin is also a long-term SOL hodl-er, ensuring that we are aligned with the interest of the community, network, and delegators.

There are several advantages when staking your Solana (SOL) tokens with Stakin, such as:

  • Triple AAA-rated institutional staking provider by Staking Rewards

  • ISO 27001-certified staking provider

  • Access to our tracking dashboard, to easily track and generate reports for the performance of your staked assets

  • Reliable infrastructure - We distribute our servers across various geographical locations and partner with premier bare metal and cloud providers

  • Boosted yield via MEV enabled operations

  • Testimonials by leading ecosystem stakers and partners including the Solana Foundation, JITO, and Marinade Finance

  • Dedicated support for all your staking, unstaking, and network-related questions

What kind of institutional services does Stakin offer for Solana (SOL) Staking?

As an institutional-grade Solana node operator, Stakin has a full range of staking services and advantages to cater to the needs of enterprises and investors, such as asset managers, company treasuries, exchanges, VCs and hedge funds, wallets, custodians, and liquid staking services.

  • Institutional grade SLAs with 99.5%+ uptime guarantees and slashing guarantees

  • Integration with custodians, such as Fireblocks via raw signing

  • Dedicated Account Manager to answer all your technical and commercial questions

  • Boosted yield through JITO MEV, or other MEV clients depending on client preferences

  • Information about potential airdrops that you may be eligible for by staking with us so that stakers can maximize your staking yield

  • Custom integrations and solutions such as custom performance reporting via API or CSV with the possibility to match your backend requirements

  • Wallet integration API with the possibility to create multiple stake accounts, craft and broadcast staking transactions

  • Whitelabel and dedicated nodes with dedicated infrastructure which can be deployed in your preferred region to fit decentralization or compliance needs

  • Automated commission and reward management with clear reporting

  • 24/7 monitoring and alerting with a private dashboard for dedicated and whitelabel nodes

  • Free premium access to Stakin Dashboard which includes staking data visualization across any validator and premium historical data features (on selected networks)

Videos

Looking to stake more than 25,000 SOL?

Get in touch with us to learn more about our offerings.

Have more questions?

Contact us through:

For institutional investors, Stakin has partnered with leading custodian providers.

We can help you navigate your questions concerning staking, security, and risk management.

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