Solana distributes a certain amount of SOL tokens as staking rewards to users who choose to hold and delegate their tokens to validators.

The more delegations a validator receive, the more likely it is to be chosen to write transactions. The more transactions a validator writes, the more rewards it receives (so their users), as it will be contributing to the scalability and security of the network.

First, you will need a wallet that supports Solana staking. There are different Solana wallets supporting SOL staking, such as Phantom, Solflare, or Sollet.

You will start generating rewards 48 hours after you start staking SOL.

Your rewards are claimed and added to your staked balance automatically, so you can earn more rewards with compounded interest.

Stakely charges a 6% commission on the staking rewards obtained from SOL staking. This commission is deducted directly and is used to maintain and monitor the Solana validator in a sustainable way on a long term.

Our Solana validator is managed by a team highly skilled. In addition, Stakely has a Staking Insurance Program to cover losses in case of slashing incidents and develops different tools in order to improve the user experience of our delegators.

The native token of the Solana network is SOL. This token is used for both staking and paying transactions on the network.

No, there is no minimum staking amount to stake SOL.

Remember to always keep a minimum amount of tokens in your wallet available to pay the network fees, although you can use our SOL faucet if you ever need it.

You can unstake SOL at any time with the Solana wallet you’re using to stake your funds. After confirming the unstake transaction, you have to wait a period of 48 hours to be able to use your tokens again.

Solana is based on a Proof-of-Stake system that applies slashing and partial slashing rules. That is, part of the total staking amount of a node can be slashed, which is the same as reduced if it does not behave correctly.