Solana is a permissionless, open-source, delegated Proof-of-Stake blockchain. It focuses on scalability, sub-second finality, low transaction fees as well as support for all LLVM compatible smart contract languages. It is specifically built to scale transaction throughput without sacrificing decentralization or security through a mechanism known as Proof-of-History.
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These guides and tutorials help you stake your SOL token on the Solana blockchain using several tools.
With these tools & resources, you can manage your SOL token and analyze the Solana network.
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Once you have staked your SOL, you are contributing to the network's security. In return, you will receive rewards in the form of newly minted SOL. Conversely, if you do not participate in staking, your assets will get diluted over time.
While not implemented yet, it is intended that validators and their delegators are subject to punishment in case of malpractice. This is referred to as "slashing" and can occur in the wake of two events: the validator being offline for too long or the the validator signing two blocks at the same time (aka "double signing"). Exact parameters and details are yet to be released.
Rewards are paid out at the beginning of every subsequent epoch (~2,5 days).
Rewards automatically accrue on your Stake account.
You need to stop the delegation, wait for the cool-down period (~2,5 days) to complete, and then withdraw your SOL from your Stake Account to your Wallet Account. In case you want to undelegate only a part of your funds, you first need to “split” the Stake Account that you want to partially undelegate.
If you want to stake more SOL, you need to create a separate Stake Account and fund it accordingly. Do not send funds to your delegated Stake Account!
