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What is Solana (SOL)?

Support Solana and earn interest by staking SOL

Mike avatar
Written by Mike
Updated over a month ago

Solana is a high-performance, open-source blockchain known for its scalability and fast processing times. It's designed to support decentralized applications and crypto-currencies, and can handle up to 65,000 transactions per second. With its unique Proof of History consensus algorithm and low-cost transactions, Solana provides an efficient platform for developers and users in the crypto space.

Example:

Let's assume the current NRR for SOL staking is 7% with a fee of 7%, and 1000 SOLs are delegated to P2P.org:

Reward: 1000*7% = 70 SOL
Fee = 70*7% = 4.9 SOL
Estimated balance after 1 year = 1000+70-4.9 = 1065.1 SOL

By simply delegating my 1000 SOL as I hold it, I will have supported the network and earned an additional 1065.1 SOL after 1 year.
​To find out today's NRR and fees for SOL, visit P2P Staking Rewards and fees.

Please keep in mind that the NRR and Fee specified are approximate and change along with network conditions.

We have created a list of guides to help you get started: How do I Stake Solana (SOL)?


For more information on staking Solana (SOL) with P2P.org and our special offer for large SOL delegations, visit https://p2p.org/solana.

For additional staking support, visit the P2P Solana Help Centre.

You can also get in contact with a live agent by selecting the speech bubble at the bottom right of this page, sending a message to the Telegram bot, or emailing [email protected].




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