Solana

Solana

Validator Address:BH7asDZbKkTmT3UWiNfmMVRgQEEpXoVThGPmQfgWwDhg
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Status:Mainnet
Fee:10%
Uptime:99.9%

What is Solana?

Solana is a high-throughput blockchain that is currently supporting 50–65k transactions per second and 400ms block times, without complex solutions like sharding or layer-two. As the world’s first web-scale blockchain, Solana will unlock a whole new class of performant applications and facilitate larger scale blockchain adoption. Utilizing a revolutionary innovation called Proof of History, Solana is drastically able to outperform any other existing layer 1 and provide fees at $0.00001 per transaction.

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 contract.

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.

Where to buy SOL?

You can buy SOL on a number of popular exchanges, including the world’s top exchange in terms of trading volume Binance. Also note, there is no minimum requirement to stake LUNA for delegators.

How to delegate SOL (staking)?

To stake SOL tokens, you must use a wallet that supports staking. Not all wallets support staking at this time.

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Is there min/max staking amount?

You can create as many stake accounts as you like, and deposit as much or as little SOL into each stake account as you want – no limitations.

When will I receive my first staking rewards?

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.


⏱️ However, your wait might be extended to 2 epochs (or about 4 days).


Is there an unbonding period?

Newly un-delegated tokens are considered “deactivating” or “cooling down” and are not able to be withdrawn until deactivated at the epoch boundary. Once the stake is deactivated, withdraw tokens to start using them again.

To know more about Solana’s ecosystem

👉 Website
👉 Twitter
👉 Community Channel
👉 Solana Forum

Solana Projects

The data provided here is not an endorsement of the projects.
Please DYOR before investing in any project.

Helium is a global, distributed network of Hotspots that create public, long-range wireless coverage for LoRaWAN-enabled IoT devices. Hotspots produce and are compensated in HNT, the native cryptocurrency of the Helium blockchain.

The Helium blockchain is a new, open source, public blockchain created entirely to incentivize the creation of physical, decentralized wireless networks.

The Solanium platform is a decentralized platform on the Solana blockchain. The platform will introduce decentralized fundraising, time-weighted token staking, and governance voting to the Solana ecosystem. Solanium users will be able to create and participate in pools (“token sales”) with only SPL tokens. Users will also be able to stake our own SPL token (“SLIM”).

CropperFinance is introducing permissionless yield farming on Solana, enabling SPL project builders to connect their liquidity to the platform, set up the total supply that will be allocated to farming, decide the weekly emission schedule, and launch their yield farming in a few clicks.

The first NFT marketplace that enables creators to choose and embed licenses when they mint NFTs. Creators know what they are selling, collectors know what they are buying. Join the revolution.

The First Permissionless and Community-Governed Launchpad on Solana. Solcubator aims to drive the expansion and adoption of the Solana ecosystem by providing a secure and decentralized platform for projects seeking funding and incubation and for investors to filter the value-added projects as it’s community-driven.

1Sol is a cross-chain DEX aggregator for decentralized protocols on Solana enabling seamless, efficient, and protected operations in DeFi. With DeFi infrastructures in rapid growth, aggregators in high demand, and cross-chain transactions being the future, 1Sol is born for Solana. 1Sol is aimed at aggregating swaps, integrating order books, and expanding to OTC markets.

Cyclos is the first concentrated liquidity AMM on Solana. It enables higher yields for LPs and better rates for traders by merging concentrated liquidity with Project Serum’s central limit order book. On Cyclos, concentrated liquidity allows users to choose a price range within which they are willing to make markets, reaping LP rewards with only a fraction of the previously required capital.

The soldex.ai protocol powers the new wave of flexible financial markets by serving as a foundation layer for settlement, market making, custody, and liquidity. Soldex looks to solve issues faced by order-matching centralized exchanges and trustless custody within current decentralized exchanges.

The soldex.ai protocol will power the new wave of flexible financial markets by serving as a foundation layer for settlement, market making, custody and liquidity. New waves of market makers will own unique algorithms, customize their trading strategy, and adjust their desired risk exposure, all while keeping custody of their funds.

Slope is the first Serum-based mobile DEX APP with a decentralized, automated full-limit orderbook. Slope is a community-based decentralized exchange built on Solana, providing blazing-fast speed, nearly-zero transaction fees, and intuitive interface for users.

SolStreet is a Solana-based, non-custodial asset management and investment protocol that aims to solve inherent problems in traditional finance by allowing anyone to launch a decentralized fund directly to market, with negligible up-front or ongoing costs.

All trades and assets remain verifiably secure and on-chain. Anybody can directly launch, or invest into, a decentralized, non-custodial fund. All trades and assets remain verifiably on-chain via the Serum DEX. The protocol facilitates subscriptions and redemptions to and from investment funds seamlessly and at near-zero cost.

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