Solana tokenomics One is staking, where token holders can stake their SOL and receive rewards . The other allows users to use SOL as payment for fees associated with running smart contracts or other transactions.
Read moreWhat is a unit of Solana?
SOL is the native token of Solana that is required to be passed through Solana nodes in the cluster to run a smart contract program on the blockchain or validate the output. The smallest unit of Solana is called a Lamport named after a famous technical influence, Leslie Lamport. A Lamport equals 0.000000001 SOL.
Read moreCan you buy Solana on Coinbase?
Fortunately you can buy Solana with the Coinbase app anywhere Coinbase is available . It’s quick, easy, and secure.
Read moreAre Solana coins limited?
Solana, in theory, has an unlimited supply , although it automatically issues a new set of tokens each year based on YOY inflation rate.6 Ara 2021
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