Solana staking at 4.96 percent after commission: how to proceed

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The yield follows from 3.59 percent issuance and a staking rate of 68.7 percent: 5.22 percent gross, and after the usual commission of 5 percent still 4.96 percent. Plus 665 validators, 63 of them charging full commission, and an epoch of a good 25 hours.Solana staking currently brings you around 4.96 percent a year if your validator takes the usual commission of 5 percent. That figure appears in no advertisement; it follows from two quantities the network publishes itself: the issuance of new SOL currently stands at 3.59 percent a year, and 68.7 percent of all SOL are staked. Whoever splits the reward among fewer participants gets more per head, and that is exactly where the yield comes from. This article takes you through the procedure and shows the figures that actually stood in the network on Sunday morning: 665 active validators, 25 of them delinquent, a median commission of 5 percent and an epoch currently lasting a good 25 hours. That epoch length determines how long you ...