By staking your SOL tokens, you help secure the network and earn rewards while doing so . You can stake by delegating your tokens to validators who process transactions and run the network.
Read moreDoes Solana burn transaction fees?
50% of each transaction fee is burned , with the remaining fee retained by the validator that processes the transaction. Additional factors such as loss of private keys and slashing events should also be considered in a holistic analysis of the Effective Inflation Rate.
Read moreIs Solana inflationary?
Solana’s initial inflation rate is 8% annually, decreasing by 15% YOY, reaching a long-term fixed inflation rate of 1.5% annually .21 Oca 2022
Read moreWhat is Solana inflation rate?
Initial Inflation Rate: 8%
Read moreDoes Solana use Solidity?
Solana is a new blockchain focusing on performance. It supports smart contracts like Ethereum which they call Programs. You can develop those in Rust, but there’s also a new project now to compile Solidity to Solana . In other words you can deploy your contracts written in Solidity now to Solana!
Read moreIs Solana written in Rust?
Solana supports writing on-chain programs using the Rust programming language .
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