Solana Solana Inflation and Staking Rewards

<p><em>This post will outline incentives for Solana token holders to stake SOL and earn rewards by securing the network.</em></p><p><strong>Stake your SOL and earn up to 8% in staking rewards using our simple <a href="https://economy.p2p.org/stake-sol-solana-with-solflare-wallet-and-ledger/">step-by-step guide</a> for staking with Solflare Wallet and Ledger Nano S/X.</strong></p><p>Inflation has been enabled in <a href="https://p2p.org/solana">Solana</a> allowing SOL delegators to earn rewards for contributing to the security and decentralisation of the network. </p><p>We've gathered the most important information related to SOL staking and inflation below. For more details, visit <a href="https://p2p.org/solana">p2p.org/solana</a>. </p><h2 id="solana-inflation">Solana Inflation</h2><p>In order to compensate node operators for state validation and delegators for locking their funds, every epoch (~2-3 days), protocol issues new SOL based on emission rate called inflation. <strong>Every epoch staking rewards are added to the active stake automatically.</strong> Inflation parameter is defined on a protocol level representing annual emission percentage. The exact value of new minted SOL is recalculated every epoch based on the total supply.</p><p>Solana token emission is distributed among validator pools based on their stake weight in the network. Every epoch a special program on Solana calculates the weight of all active stakes and assigns points that are used to proportionally divide SOL rewards among participants for that period.</p><p>A decision about inflation rate value is very important for sustainable network growth. It should incentivize participants to stake, cover costs of operating for validators and at the same time avoid over dilution of network users. <strong>For the first year annual emission will constitute 8%</strong>. In the following years inflation percentage will be decreasing by 15% per year until emission reaches ~1,5%.</p><p>Another revenue source is derived from transaction fees. It is expected to be relatively low for the first years. In current implementation 50% of transaction fees is burned while the rest goes to the current leader who processed the transaction.</p><h2 id="sol-staking-rewards">SOL Staking Rewards</h2><p>With the enabling of Solana inflation, SOL token holders are now able to earn rewards on their staked tokens. </p><ul><li>The Solana <strong>inflation/emission rate</strong> will start at 8% and decrease by 15% annually until it reaches a long-term inflation of 1.5%.</li><li>The <strong>SOL rewards</strong> <strong>are</strong> <strong>distributed</strong> to delegators every epoch, which is approximately ~2 days.</li><li>The <strong>Solana</strong> <strong>warm-up period</strong> - the time taken for your SOL stake to start earning rewards is approximately ~2 days if the amount is less than 25% of staked tokens.</li><li>The <strong>Solana cool-down period</strong> - time for your stake to become liquid after you stop staking is approximately ~2 days if the amount is less than 25% of staked tokens.</li><li>Your staking <strong>rewards are compounded automatically</strong>. </li></ul><p>In the beginning all Solana staking rewards will be distributed to validator pools. In the future, additional percentages from total issuance can be directed to the ecosystem development purposes and archivers, network participants who provide storage service downloading parts of the ledger and providing proof of replication of storing the segments.</p><p>The efficiency of Solana staking from an economic perspective depends on the overall participation. The total issuance is distributed to active delegators. If less than all SOL are staked, delegators will receive higher rewards than initial inflation.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/02/Sol-infl.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/02/Sol-infl.png 600w, https://economy.p2p.org/content/images/2021/02/Sol-infl.png 775w" sizes="(min-width: 720px) 720px"></figure><p>For every epoch (2 days), the annual staking yield can be calculated using the formula:</p><p><em>APY = inflation * archiver_share * foundation_share / staking_ratio</em>, where<br><em>staking_ratio = staked_tokens / total_supply</em></p><p>At time of launch, <em>archiver_share </em>and <em>foundation_share </em>are planned to be set to 0%, so 100% of emission will initially be going to validator pools. <strong>The</strong> f<strong>irst years will be the most attractive for Solana delegators representing an opportunity to increase the network share.</strong></p><p>With the development of staking derivatives it will be possible to generate additional yield on top of staking rewards.</p><hr><p><em>Special thanks to <a href="https://twitter.com/sciencethedata">Eric Williams</a> for valuable additions. Having trouble getting started? Please get in touch with a P2P representative by emailing [email protected] or ask for assistance in our <a href="https://t.me/P2Pstaking">Telegram chat</a>.</em></p><hr><h2 id="about-p2p-validator">About P2P Validator</h2><p>P2P Validator is a world-leading non-custodial staking provider <strong>securing more than 3 billion USD value from over 10,000 delegators across 25+ high-class networks</strong>. We are early investors in Solana and have supported the network from the first block taking part in all stages of testing and voting.</p><hr><p><strong>Web</strong>: <a href="https://p2p.org">p2p.org</a><br><strong>Stake SOL with us</strong>: <a href="https://p2p.org/solana">p2p.org/solana</a><br><strong>Twitter</strong>: @p2pvalidator<br><strong>Telegram</strong>: <a href="https://t.me/P2Pstaking">t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator

Solana Stake Solana (SOL) with SolFlare Wallet and Ledger Nano

<p>In this step-by-step guide, we'll walk you through how you can stake your Solana (SOL) using Solflare Wallet and Ledger Nano S/X. </p><p>To stake on the <a href="http://p2p.org/solana">Solana Network</a>, you'll need to follow these simple steps:</p><ul><li>Install the Solana App on Ledger.</li><li>Connect your Ledger to Solflare wallet</li><li>Transfer SOL to your wallet (if you have not already done so)</li><li>Stake your SOL.</li></ul><h3 id="step-1-install-the-solana-app-on-ledger">Step 1. Install the Solana App on Ledger </h3><p>First of all, download the Ledger Live app on your device and connect the Ledger device. In Ledger Live, via Manager, search for <em>Solana</em> in the App catalog. Click on “Install”. </p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image-3.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image-3.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/image-3.png 1000w, https://economy.p2p.org/content/images/2021/08/image-3.png 1286w" sizes="(min-width: 720px) 720px"></figure><blockquote><em>Make sure you always update to the latest version of the Solana application</em></blockquote><h3 id="step-2-connect-your-ledger-to-solflare-wallet">Step 2. Connect your Ledger to Solflare wallet</h3><p>Go to <a href="http://solflare.com">Solflare.com</a> and click "Access" button.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/image.png 1000w, https://economy.p2p.org/content/images/size/w1600/2021/08/image.png 1600w, https://economy.p2p.org/content/images/2021/08/image.png 1612w" sizes="(min-width: 720px) 720px"></figure><p>Choose "Ledger" tab and click “Continue”.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image-2.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image-2.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/image-2.png 1000w, https://economy.p2p.org/content/images/2021/08/image-2.png 1436w" sizes="(min-width: 720px) 720px"></figure><p>Choose the connected Ledger device and click on "Connect". Open the Solana App on your Ledger and connect your device.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image-4.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image-4.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/image-4.png 1000w, https://economy.p2p.org/content/images/size/w1600/2021/08/image-4.png 1600w, https://economy.p2p.org/content/images/2021/08/image-4.png 1630w" sizes="(min-width: 720px) 720px"></figure><p>Select your address in the drop-down section.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/Screenshot-2021-08-23-at-11.29.55.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/Screenshot-2021-08-23-at-11.29.55.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/Screenshot-2021-08-23-at-11.29.55.png 1000w, https://economy.p2p.org/content/images/2021/08/Screenshot-2021-08-23-at-11.29.55.png 1398w" sizes="(min-width: 720px) 720px"></figure><p>Create a password that you will use to enter your wallet and to submit transactions. Select "Next step" to proceed.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/Screenshot-2021-08-23-at-11.31.45.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/Screenshot-2021-08-23-at-11.31.45.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/Screenshot-2021-08-23-at-11.31.45.png 1000w, https://economy.p2p.org/content/images/2021/08/Screenshot-2021-08-23-at-11.31.45.png 1400w" sizes="(min-width: 720px) 720px"></figure><p>After successfully completing the steps above, you will find yourself in the main menu of Solflare where you will find information about your wallet account address.  </p><h3 id="step-3-transfer-sol-to-your-account-skip-to-step-4-if-you-already-have-sol-in-your-wallet-">Step 3. Transfer SOL to your Account (skip to step 4 if you already have SOL in your wallet)</h3><p>You are now ready to transfer SOL to your account.  To find your receiving address select "Receive".</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image-5.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image-5.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/image-5.png 1000w, https://economy.p2p.org/content/images/size/w1600/2021/08/image-5.png 1600w, https://economy.p2p.org/content/images/size/w2400/2021/08/image-5.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>A pop up window will appear with your Solflare main authority address, and alternatively a QR code. Use this receiving address to send your SOL to your Solflare wallet.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image-6.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image-6.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/image-6.png 1000w, https://economy.p2p.org/content/images/2021/08/image-6.png 1172w" sizes="(min-width: 720px) 720px"></figure><p>Once you have transferred funds into you main authority wallet, you are now ready to start Staking!</p><h3 id="step-4-stake-your-sol">Step 4. Stake your SOL</h3><p>To start staking, you must first go to the staking section of the wallet by selecting "Staking" on the top of the page or select "Stake Solana" as indicated in the image below.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image-7.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image-7.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/image-7.png 1000w, https://economy.p2p.org/content/images/size/w1600/2021/08/image-7.png 1600w, https://economy.p2p.org/content/images/size/w2400/2021/08/image-7.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>You will then have to create a staking account. In the staking page select "Start Staking"</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image-8.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image-8.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/image-8.png 1000w, https://economy.p2p.org/content/images/2021/08/image-8.png 1320w" sizes="(min-width: 720px) 720px"></figure><p>A pop up window will appear. Input the amount you wish to stake and the validator you wish to stake with. To find <em>P2P Validator</em> type it in the search bar. Select "Stake" to proceed.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image-12.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image-12.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/image-12.png 1000w, https://economy.p2p.org/content/images/2021/08/image-12.png 1156w" sizes="(min-width: 720px) 720px"></figure><blockquote><em><em><em>Leave some SOL in your wallet to pay </em></em>for <em><em>transaction fees. Since they are very low at Solana, leaving ~1 SOL in your wallet in your account should be more than enough.</em></em></em></blockquote><p>You will then be prompted to enter your password one last time for security reasons. You will have to verify and confirm your delegation on your Ledger device. Navigating to “Approve” screen, then confirm by pressing both buttons on the device.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image-15.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image-15.png 600w, https://economy.p2p.org/content/images/2021/08/image-15.png 854w" sizes="(min-width: 720px) 720px"></figure><p>Once your delegation transaction has been confirmed, you will see that your stake is activating. For more information on when you will start receiving rewards please refer to our <a href="https://help.p2p.org/en/articles/5245666-solana-sol-warm-up-period">SOL Warm-Up</a> article.</p><figure class="kg-card kg-image-card"><img src="https://economy.p2p.org/content/images/2021/08/image-16.png" class="kg-image" alt srcset="https://economy.p2p.org/content/images/size/w600/2021/08/image-16.png 600w, https://economy.p2p.org/content/images/size/w1000/2021/08/image-16.png 1000w, https://economy.p2p.org/content/images/size/w1600/2021/08/image-16.png 1600w, https://economy.p2p.org/content/images/size/w2400/2021/08/image-16.png 2400w" sizes="(min-width: 720px) 720px"></figure><p>That's it! You are now delegating your SOL to P2P Validator. Note that your SOL are still fully in your custody, but you are delegating them to P2P to help us partake in network activities and you will be rewarded for your contribution! You can find more information about Solana Rewards in the following page: <a href="https://help.p2p.org/en/articles/5242448-solana-sol-staking-rewards-fees">Solana (SOL) Staking Rewards &amp; Fees</a></p><p> <br>Some points worth noting:</p><ul><li><strong>Warm-up period</strong> (time until your stake starts earning rewards): ~2 days.</li><li><strong>Cool-down period</strong> (time for your stake to become liquid after you stopped staking): ~ 2 days.</li><li><strong>The current inflation</strong> rate is 8%</li></ul><hr><p><strong>If you have any questions, feel free to ask in our <a href="https://t.me/P2Pstaking">Telegram chat</a></strong></p><hr><h3 id="about-p2p-validator">About P2P Validator</h3><p>P2P Validator is a world-leading non-custodial staking provider securing more than $3 billion from over 10,000 delegators across 25+ high-class networks. We were early investors in Solana and have supported the network from the first block, taking part in all stages of testing and voting.</p><p><br><strong>Web</strong>: <a href="http://p2p.org/?utm_source=blog&amp;utm_campaign=sol_guide">p2p.org</a><br><strong>Stake</strong> <strong>SOL</strong> <strong>with</strong> <strong>us</strong>: <a href="http://p2p.org/solana?utm_source=blog&amp;utm_campaign=sol_guide">p2p.org/solana</a><br><strong>Twitter</strong>: <a href="https://twitter.com/P2Pvalidator">@p2pvalidator</a><br><strong>Telegram</strong>: <a href="https://t.me/P2Pstaking">t.me/P2Pstaking</a></p>

Pavel Pavlov

from p2p validator

Solana, Serum P2P Validator Joins Serum Project as a Node Operator

<p>This year has been marked by the surge of decentralized finance (DeFi) and rise of a value locked through Uniswap - an automated market maker. Despite this, notable limitations like slow transaction processing, a spike in gas prices and the absence of trustless cross-chain swaps still exist, aggravating user experience.</p><p>Serum is going to eliminate these limitations of DeFi space. It is a <strong><strong>trustless decentralized exchange by design</strong></strong> built on top of Solana blockchain implying low latency and high transaction speed. Serum has <strong><strong>cross-chain support</strong></strong> and does not rely on centralized price feeds. <strong><strong>It is fully interoperable with Ethereum ecosystem</strong></strong> and provides the same trading experience that users get on centralized platforms by being the first high-throughput exchange that has a fully <strong><strong>on-chain orderbook and matching engine</strong></strong>.</p><p>Due to impressive performance qualities <strong><strong>Serum can become a foundational block for DeFi</strong></strong>.</p><p><em><em>With that in mind, P2P Validator is thrilled to announce the launch of Serum node with the mission of fostering DeFi growth and supporting censorship-resistance of value exchange.</em></em></p><p>Our team has extensive experience in setting up secure infrastructure. <strong><strong>P2P Validator maintains high-availability nodes and provides secure staking services for the most groundbreaking projects in the blockchain space</strong></strong>. We are an early Solana investor and active contributor operating a robust validator for mainnet beta. The node infrastructure is under advanced monitoring with 24/7 technical support, backups and alerts.</p><h3 id="about-serum"><strong>About Serum</strong></h3><p><a href="https://projectserum.com/">Serum</a> is a trustless decentralized exchange that enables seamless cross-chain trading and outstanding user experience. It allows fast order placement and on-chain order matching overcoming existing limitations in the space. It was founded by a group including team members from<a href="https://ftx.com/"> FTX</a> and<a href="https://www.alameda-research.com/"> Alameda Research</a> supported by advisors from Compound, BitMax, TomoChain and other notable projects. The list of partners include: Aleph.im, BitMax, FTX, Kyber Network, Leminscap, Multicoin Capital and many other well-established companies.</p><p>Learn more by visiting the<a href="https://projectserum.com/"> Serum Project website</a>,<a href="https://twitter.com/ProjectSerum"> Twitter</a> or<a href="https://t.me/ProjectSerum"> Telegram</a>. To discover Serum ecosystem visit<a href="https://serum-academy.com/en/"> Serum Academy</a>. If you’re a developer, read a technical<a href="https://docs.google.com/document/d/1isGJES4jzQutI0GtQGuqtrBUqeHxl_xJNXdtOv4SdII/edit#"> introduction to Serum</a> and join the discussion on<a href="https://discord.com/invite/MxZFT4v"> Discord</a>.</p><h3 id="about-p2p-validator"><strong>About P2P Validator</strong></h3><p><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=serum_intro">P2P Validator</a> is a world-leading staking provider with the best industry security practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities. At the time of the latest update, <strong><strong>more than </strong>3<strong> </strong>b<strong>illion of USD value is staked with P2P Validator by over </strong>10,<strong>000 delegators across </strong>2<strong>5+ networks.</strong></strong> We are early Solana investors and contributors having a goal to provide the long term support for the ecosystem.</p><hr><p><strong><strong>Web:</strong></strong><a href="https://p2p.org/?utm_source=blog&amp;utm_campaign=serum_intro"> https://p2p.org</a></p><p><strong><strong>Twitter:</strong></strong><a href="https://twitter.com/p2pvalidator"> @p2pvalidator</a></p><p><strong><strong>Telegram: </strong></strong><a href="https://t.me/P2Pstaking">https://t.me/P2Pstaking</a></p>

Alex Bond

from p2p validator