Crypto staking: Solana (SOL)

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Solana (SOL) can be staked and unstaked with Wealthsimple. To learn more about the benefits, risks and fees of staking Solana, refer to the chart below.

Tip: For more information about crypto staking, check out these resources:

Crypto	Solana (SOL)
Currency in which rewards are paid out	SOL
Available to unstake?	Yes, you can unstake at any time.
Protected from slashing risks?	Yes. Learn more in our Wealthsimple Crypto Product Risk Disclosure.
Fees	Refer to our Crypto Fee Schedule.
Reward yield (after fees)	~4.5% APY (for our calculation method, click here)
Are rewards automatically staked?	Yes.
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

Note: The reward yield posted in the chart above is updated on a monthly basis. For real-time information, refer to the Wealthsimple app or the links to external sources.

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