sol
Solana
Solana
6.7%
apr
6.7%
apr
price
238.23 $
reward frequency
per epoch
Total delegated to Everstake:
6 657 248
SOL
stake
You can safely stake your Solana
by following the external link to the resource
CALCULATE your PROFIT
ENTER your AMOUNT
EVERSTAKE FEE: 7 %
daily
0.02
sol
monthly
0.56
sol
yearly
6.70
sol
Solana
EVERSTAKE validator address
9QU2QSxhb24FUX3Tu2FpczXjpK3VYrvRudywSZaM29mF
Delegating step-by-step
Why stake Solana with Everstake?
- Everstake is a leading staking service provider, trusted by over 735,000 users across 70+ blockchain networks. Our extensive involvement extends across various crypto projects, actively supporting the health of the ecosystems we endorse. Throughout our journey, we've upheld an outstanding record in preventing slashing, ensuring uptime, and delivering optimal performance.
- Our skilled team manages reliable infrastructure, prioritizing the safety of your funds. Delegating through Everstake offers opportunities to boost your yields while ensuring peace of mind about your token's security.
How can I stake Solana with Everstake?
- Step 1. Select a wallet that offers staking functionality
- Step 2. Choose Everstake as your validator
- Step 3. Delegate your SOL tokens
- Step 4. Get rewards
- Note: Validators do not have control over users' funds in blockchain networks. Validators are responsible for validating transactions and adding them to the blockchain, ensuring the integrity and security of the network. However, they do not have the authority to access or control users' funds.
Where can I stake Solana?
Web Wallets
- Phantom Wallet
- Solflare Web Wallet
- Exodus Chrome Extension
- Exodus Desktop Wallet
- Slope Web Wallet
- Backpack Wallet
Mobile Wallets
- Trust Wallet
- Phantom Wallet iOS App
- SAVL Wallet
- Trustee Wallet
- SolFlare Mobile Wallet
- Exodus Mobile Wallet
Hardware Wallets
Staking details
- Epoch duration: 2-3 days
- First reward info: Newly delegated tokens are considered “activating” or “warming up”, and are not eligible to earn rewards until they are fully activated. Hence, you need to wait till the next epoch to start earning rewards.
- Reward frequency: Per epoch
- Min amount to stake: There is no obligatory minimum for commencing staking, but it's recommended to stake a minimum of 0.01 $SOL. This ensures you can cover network transaction fees and retain some $SOL for staking purposes.
- Fee to activate the wallet: 0.000005 SOL
- Everstake fee: 7%
- Unstaking period: Newly un-delegated tokens are considered “deactivating” or “cooling down” and are not able to be withdrawn until deactivated. Solana protocol only allows staked tokens to finish changing state at the beginning of a new epoch.
Blockchain Overview
Solana is a fast, scalable blockchain platform for decentralized applications and cryptocurrencies. It offers high throughput, low latency, and low fees, making it suitable for a wide range of applications. Solana's key features include its high throughput achieved through innovative consensus mechanisms, scalability, low latency, and a growing ecosystem of developers and projects.
Solana's blockchain operates on both a proof-of-history (PoH) and proof-of-stake (PoS) consensus model. PoS permits validators to verify transactions; PoH allows those transactions to be timestamped and verified very quickly.
Everstake participation
As a Solana validator, Everstake contributes to the overall success and growth of the Solana blockchain from the network's initial launch. Our technical expertise and robust infrastructure help maintain the reliability of the network. We are responsible for keeping systems up and running, which is crucial for the uninterrupted operation of the blockchain and the timely processing of transactions. In recent years, we have become the leader in the number of staking accounts among all validators, which shows users' trust and interest in Everstake.
Also, we contribute to the Solana ecosystem, developing different projects, for example:
Extrnode - decentralized RPC gateway. We are building a battle-tested decentralized RPC gateway to allow developers to connect their dApps to a cluster of public RPC nodes and reputable Solana validators & RPC providers and automatically reroute responses if any node is down. Recently, we have introduced experimental support of Solana WebSockets.
Interested in staking more than $500k of Sol?
Everstake is happy to discuss special staking conditions & services we provide for institutions and large investors. Please contact [email protected] or book a slot for any additional details.
faq
Solana explorers
+What is SOL?
+SOL is Solana’s native cryptocurrency, which works as a utility token. Users need SOL to pay transaction fees when making transfers or interacting with smart contracts. The network burns SOL as part of its deflationary model. Like Ethereum, Solana allows developers to build smart contracts and create projects based on the blockchain.
SOL uses the SPL protocol. SPL is the token standard of the Solana blockchain, similar to ERC20 on Ethereum. The SOL token has two main use cases:
- Paying for transaction fees incurred when using the network or smart contracts.
- Staking tokens as part of the Proof of Stake consensus mechanism.
SOL Tokenomics
+The network was launched with an annual inflation rate around 8%, set to decrease by 15% per year until a long-term stable rate of 1.5% is reached, however these parameters are yet to be finalized by the community. These issuances are to be split and distributed to participating validators, with around 95% of the issued tokens allocated for validator rewards initially (the remaining 5% reserved for Foundation operating expenses). Because the network will be distributing a fixed amount of inflation rewards across the stake-weighted validator set, the yield observed for staked tokens will be primarily a function of the amount of staked tokens in relation to the total token supply.
What is a staking account?
+This account is of a different type than the one used to simply send and receive tokens. Follow the wallet's instructions when delegating – a staking account will be created automatically.
What is the APR and APY?
+APR stands for Annual Percentage Rate. This is the percent that you will receive when staking with a validator. APR should not be treated as constant as it is influenced by a number of factors: the number of nodes, service fee, top-up amount of the pool and of the network, uptime rank. Remember that the more users start staking, the less APR in the network. You may find an actual APR in the explorers mentioned above.
APY stands for Annual Percentage Yield and is the projected rate of annual return after taking compounding interest into account. In order to understand how APY is calculated, it is important to understand compound interest. In essence, compound interest is interest earned on previously earned interest.
How Everstake deduces validator fee?
+“Validator fee” refers to the rewards received by Validator for participating in the Blockchain network Validation process. Everstake determines the validator fee through a process involving analysis and consideration of various factors, such as network requirements, operational costs, and market dynamics.
Control over user’s funds
+Validators don't have control over users' funds in blockchain networks. Instead, they validate transactions and participate in the consensus process based on the rules defined by the network protocol. Users retain control over their funds through private keys, which are used to sign transactions and authorize transfers. Validators' roles involve confirming the validity of transactions and blocks, but they don't have the authority to access or manipulate users' funds.
Everstake: Your Ultimate Guide to SOL Staking
In today's financial landscape, cryptocurrencies have undeniably become a disruptive force, creating an array of opportunities to generate passive income. Staking, particularly with Solana (SOL), has emerged as a popular and profitable venture.
At Everstake, a staking service platform, we have developed a robust and efficient platform designed to elevate your SOL earnings through a straightforward and secure staking process.
1. What is Staking SOL?
At its core, staking is a process integral to the blockchain ecosystem. Participants in a proof-of-stake (PoS) network commit their tokens—in this case, Solana (SOL)—into the network's wallet.
By locking up these tokens, stakers contribute to the network's various operations such as block validation, security, and governance.
In return for staking SOL, participants not only strengthen the Solana network but also earn rewards, offering an enticing blend of contribution and compensation.
2. Annual Percentage Yield (APY) and What It Means for You
Staking rewards are generally assessed through a metric called the Annual Percentage Yield (APY). APY helps you to understand how you can accelerate your Results by putting assets received from staking back into staking you can amplify the compounding effect and boost your overall results.
3. Staking in Security with Everstake
Security is paramount when dealing with cryptocurrencies. Everstake prioritizes the security of your assets, implementing advanced measures to ensure the safety of your staked SOL tokens.
With us, your staking journey is not just profitable, but also secure, providing peace of mind alongside potential income.
By harnessing Solana staking with Everstake, you are eligible to staking benefits. Our platform, complemented by the Everstake Stake Calculator, guides you through each step of your staking journey, providing you with results from simulation.
With Everstake, boosting your SOL earnings becomes a safe and rewarding experience, making your venture into the realm of crypto staking both profitable and enriching.
4. Frequently Asked Questions (FAQs)
4.1 What is SOL Staking?
The incentive to stake comes from the rewards system embedded in the Solana network. Rewards are essentially additional SOL tokens generated by the network to motivate and incentivize user participation.
The fundamental rule of staking is simple—the more SOL you stake and the longer the duration, the higher the rewards. With this system, you can build a steady passive income stream, as your staked tokens continuously generate rewards.
4.2 What is the Everstake Stake Calculator?
The Everstake Stake Calculator is a tool that helps estimate your potential results from staking SOL. By inputting the amount of SOL you plan to stake and the staking duration, the calculator provides estimated results.
4.3 How are staking rewards calculated?
Staking rewards are calculated based on the amount of SOL you stake and the length of time you keep it staked. The rewards come in the form of new SOL tokens, generated by the Solana network as a way to incentivize participation.
4.4 Can I unstake my SOL tokens anytime?
The unstaking process can vary depending on the network's rules. For Solana, there's an unbonding period during which your tokens are held before being released. During this period, your tokens are not earning rewards and are not accessible for transactions. Always check the current network rules or reach out to our support team for the most accurate information.
4.5 How often are staking rewards paid out?
Reward frequency can vary depending on the network's protocol. With Solana, rewards are typically distributed based on each epoch (a fixed period of time in the Solana network). It's important to note that some staking platforms, including Everstake, automatically re-stake your rewards to maximize compounding benefits.
5 Making the Most of Your Staking
Strategy
Description
Stake More, Earn More
The more SOL tokens you stake, the more you contribute to Network Security.
Long-Term Staking
Staking your tokens for a longer period often leads to higher rewards due to compounding. By leaving your tokens staked for an extended period, your staking rewards will also be staked, leading to a compounding effect and increased overall rewards.
Regularly Monitor Your Staking
Use the Everstake dashboard to regularly check your staking status. Keeping an eye on your rewards and the performance of SOL will help you make informed decisions, such as adding more stake or withdrawing some of your stake.
You can accelerate your Results/Benefits:
By putting assets received from staking back into staking you can amplify the compounding effect and boost your overall results.
Stay Informed
Keep yourself updated with the latest news and updates about Solana and Everstake. This will help you adjust your staking strategy as needed to ensure you continue to maximize your rewards.
