Solana staking with stakefish

Introduction

stakefish, one of the world’s leading staking pools, offers friendly Solana staking for maximum rewards with additional MEV rewards.

Solana is a blockchain for fast, secure, scalable, decentralized apps and marketplaces. Solana’s mainnet beta launched in March 2020.

stakefish supported the early adoption of Solana in July 2019 through a series of grassroots meetups. We participated as network operators in the Tour De Sol, a series of incentivized testnets for the Solana blockchain. Its purpose was to stress-test the network's scalability, security, and performance under real-world conditions.

Staking SOL with stakefish is more than just earning yield – it’s also about improving network security and efficiency. By delegating SOL, you help secure the network by participating in Solana’s Proof of Stake consensus mechanism. Stakers get part of the rewards provided by the protocol for this assistance. If you plan to hold on to SOL for some time, delegating will help you accumulate more SOL while contributing to the network's health.

The easiest way to stake

The easiest way to stake:

1. Click Stake Now (redirect you to staking.kiwi)
2. Connect your wallet from 31 available wallets.
3. Enter the amount and stake.

Rewards

Staking yield derives from the inflation of SOL. When the network launched in 2020, the inflation rate started at around 8%. Over time, network inflation is designed to decrease gradually, with a long-term goal of around 1.5% in year 15. At the time of writing, Solana is in its 4th year, and inflation is around 5%.

The effective staking rewards (APR) is dependent on these factors:

1. The current global inflation rate, derived from the pre-determined disinflationary issuance schedule (see Validation-client Economics).
2. The fraction of staked SOLs out of the current total circulating supply. (Less staked - more rewards, and more staked - less yields distributed)
3. The commission charged by the validation service.
4. The up-time/participation [% of available slots that the validator had the opportunity to vote on] of a given validator over the previous epoch.

The most important factor in maximizing rewards depends on (3) the commission (below) and the performance of the validator (4). stakefish has historical excellence in operation and efficiency to provide maximum rewards to users. To boost rewards, stakefish pays MEV rewards when you stake with us.

MEV Rewards

Rewards are paid by Solana blockchain users, mainly MEV searchers looking to capitalize on trading arbitrage and liquidation opportunities. MEV is a term used to encapsulate the profit a validator can make by including, excluding, and reordering transactions in the blocks they create. 

As Solana has hit a record number of transactions and trading volume, MEV has become a strong use case. 

MEV rewards are SOL paid directly to your wallet. You can identify the transaction by the sender, Jito Merkle Upload Authority, like in this post. Our team is launching a fully-featured dashboard to track all your rewards later this year.

Commission

We charge a competitive commission rate of 5% on staking rewards and 10% on MEV. An important point that sets stakefish apart from other staking providers is that not all validators support MEV, and the commission rate on MEV can sometimes be very high.

Conclusion

In conclusion, Solana staking with stakefish offers holders an easy and rewarding experience. By delegating your SOL, you earn competitive rewards and contribute to the network's security and growth. With our low commission rates, MEV rewards, and proven performance, stakefish maximizes your staking benefits. Enjoy a simple staking process that lets you confidently stake, earn, and relax.

Start staking Solana at stake.fish/networks/solana