Overview
You can stake and unstake Solana (SOL) with Wealthsimple. Staking allows you to earn rewards on your crypto holdings.
Before you stake your crypto, it's important to understand the benefits, risks, and fees involved. You can find more details in the table below and in our Crypto Product Risk Disclosure.
|
Crypto |
Solana (SOL) |
|---|---|
|
Currency in which rewards are paid out |
SOL |
|
Available to unstake? |
Yes |
|
Protected from slashing risks? |
No. Learn more in our Crypto Product Risk Disclosure. |
|
Fees |
Refer to our Crypto Fee Schedule |
|
Reward Rate (after fees) |
Check in-app for the latest reward rate |
|
Are rewards automatically staked? |
Yes, if you have auto-staking turned on |
|
Warm-up period(first reward) |
4-8 days |
|
All future reward payouts |
2-3 days |
|
Minimum amount of crypto required to stake |
0.02 SOL |
How to stake Solana
Please review our Stake your crypto assets article for steps to stake crypto.
How to unstake Solana
Please review our Unstake your crypto article for steps to unstake crypto.
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