Solana FAQ

What is Solana's inflation and reward rate*?

Inflation was initiated at a rate of 8% in February 2021 and is expected to decline by 15% annually until reaching a steady state of 1.5%. The reward rate depends upon the staking rate on the network. You can view the current reward rate on the Solana block explorer.

* Reward rates published by Coinbase are estimates based on publicly available information from third-party sources. Coinbase has not verified and does not guarantee the accuracy of this information. Reward rates on some protocols may vary based on the amount staked and/or other variables, including validator performance, so you should not rely on the accuracy of any reward rate ranges we publish, which are intended to provide an estimate. The actual rate of rewards earned may vary substantially and may change over time and Coinbase does not guarantee that you will receive any staking rewards. Staked assets may be subject to slashing penalties and risk of loss is possible, including up to the full loss of principal.

What are the risks associated with delegating/staking?

Slashing is not currently enabled on Solana, but may be in the future.

How does Coinbase's service fee work?

Coinbase charges a percentage service fee on all rewards earned by tokens delegated to our validator. The service fee is paid to Coinbase automatically by the protocol. You can then withdraw your rewards from the protocol directly.