What is staking?
Staking lets you earn rewards on your crypto while helping support a blockchain network. When you stake, your assets are committed to the network and used to help validate transactions and maintain security — for as long as they remain staked.
GalaxyOne offers staking for Solana (SOL), allowing eligible clients to earn rewards on their staked balance.
Important things to know
- Rewards are variable. Staking rewards depend on network conditions and are not guaranteed.
- Staked assets are not immediately available. You'll need to unstake your assets before they can be withdrawn or transferred.
- Rewards compound into your staked balance. Where applicable, rewards are added to your staked balance and may increase future reward calculations, subject to network conditions.
- Network fees apply. Standard network transaction fees (such as blockchain fees for staking or unstaking) will apply.
GalaxyOne does not provide investment, tax, or legal advice.