Solana is taking a unique approach to scaling, especially with its focus around Proof of History. We’ve been early supporters of Solana, starting from their incentivized testnet, Tour de SOL. We are excited to see what developers will be building on one of the fastest blockchains.
Frequently Asked Questions
Here are answers to some of the questions our community has asked us. Get in touch if there’s more you would like to know.
Solana is a blockchain for fast, secure, scalable, decentralized apps and marketplaces. Solana’s mainnet beta has launched in March 2020. To learn more, please see their official documentation.
New blocks on Solana are proposed by validators. To enable Solana to run seamlessly, validators need the technical capabilities to offer a secure, always on infrastructure.
Not everyone is able to do this. Some token holders participate indirectly by delegating the tokens they have to a validator. Validators are running a service for delegators. They typically charge a fee to cover their operational costs.
By delegating SOL, you help secure the network. You get part of the rewards provided by the protocol for this assistance. If you are planning to hold on to SOL for some time, delegating will help you accumulate more SOL while contributing to the health of the network.
You are not giving away ownership of SOL by delegating. As a validator, stakefish will never have the ability to move your SOL.
We charge 8% from the block rewards received by our delegators. For example, if a delegator receives 100 SOL as a reward, stakefish will receive 8 SOL while the delegator will get 92 SOL.
If you have any questions about staking or our validator services, please do not hesitate to reach out to us. We are happy to talk with anyone and help navigate community members through this exciting new ecosystem.Get in Touch