When staking Solana (SOL) you are supporting the network with the additional benefit of compounding your SOL!
Staking SOL is the process of holding an SOL "stake" to partake in and support the operations in the Solana network to receive rewards. In order to be a "Validator" and participate in these operations, one is required to maintain a server running continuously, have technological know-how and experience, and have a significant self-bond (surety bond).
This is where the P2P.org Validator comes in. We allow SOL token holders to forget about all the heavy lifting, i.e., maintenance, surety bonds, etc., by "delegating" their holdings to P2P to receive these rewards. We accumulate users' stakes and act as a major validation node, receiving and allocating staking rewards between our users pro rata to the delegation.
Users that choose to stake with P2P maintain full custody of their SOL at all times, and P2P will never have access to them.
Example:
Let's assume the current APR 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 APR and fees for SOL, visit P2P Staking Rewards and fees.
Please keep in mind that the APR 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].