Staking

Introduction

Syndica operates a high performance validator and offers competitive rewards to delegators. To stake SOL with Syndica, we recommend using our dedicated Stake page, which provides the best staking experience.

⚠️ Important: Always verify you are at syndica.io/stake to avoid scams and loss of funds.

Validator Information

| Identity Account | SyndicAgdEphcy5xhAKZAomTYhcF8xhC7za2UD9xeug | | Vote Account | SyNdica7qx3njeVKNgXvV7KC1NjPYNS4fyb3NxgevLH | | Client | Jito-Solana (Agave) | | Commission | 0% | | Stake Application URL | https://syndica.io/stake | | Public Dashboards | StakeWiz | Validators.app | Marinade | JPool | Jito | Rated |

What is Staking?

The Solana network uses a Proof of Stake (PoS) consensus mechanism. Validators participate in consensus by casting votes for blocks of transactions to add to the blockchain. Votes are stake-weighted, meaning individual validators with more stake have more influence in determining the outcome of consensus. Staking is the process by which a SOL token holder assigns their SOL tokens to a particular validator and thereby increases that validator’s voting weight. This assignment is also known as delegating your tokens to the validator.

Staking Lifecycle

Staking process:

1. Sign delegation transaction (includes staked amount + tiny network fee and rent)
2. Warm-up period: stake activates next epoch (up to 2–3 days)
3. Earn rewards each epoch (auto-compounded)

Unstaking process:

1. Sign deactivation transaction (includes a network fee and refunded rent)
2. Cool-down period: stake deactivates over ~1 epoch (up to 2–3 days)
3. Withdraw SOL to your wallet (includes a network fee and refunded rent)

For technical details, see Solana Stake Accounts documentation

Timing: An epoch on mainnet is roughly 2–3 days; treat all timeframes above as approximate.

How Are Rewards / APY Calculated?

Staking with Syndica earns rewards at a competitive APY, comparable to other top-performing validators. To track APY, we recommend referencing multiple public dashboards that use on-chain data, and comparing Syndica against other validators. All validators' APY will vary depending on the total volume of on-chain activity, which is not under their control. Differences in APY among validators is mainly influenced by three components:

1. Inflation Rewards: validators earn newly issued SOL at the end of each epoch (2-3 days) in proportion to their block production, which is in turn determined by their stake weight and uptime. Validators with more stake will be selected as leader more often to produce blocks, but they will be rewarded only if they propose valid blocks during their scheduled window (~200ms per slot) which are confirmed by consensus. Inflation rewards are distributed to delegators in proportion to delegated stake.
2. MEV Rewards: validators can use modified versions of the validator client software such as Jito to earn additional rewards in the form of MEV, or maximum extractable value. These rewards will also be proportional to block production and therefore stake weight, and distributed to delegators.
3. Validator Commission: validators set commission rates on both the inflation and MEV rewards they distribute to their delegators. When delegating directly to a validator ("native" staking), commission rates take the form of explicit rates defined in the validator's vote account on-chain and observable on public dashboards. Staking rewards on exchanges and custodial services often have implicit commission rates in the form of a lower APY than native staking. Commission rates greater than 0% directly lower the final APY of delegated stake.

By staking with Syndica you will earn a highly competitive APY, as our validator uses best-in-class infrastructure, resulting in 100% uptime, 0 skipped slots and therefore maximum inflation rewards. We also use the Jito MEV client in order to maximize rewards. Lastly, we charge 0% commission on all rewards to give our delegators the highest APY possible.

Are There Risks to Staking?

By delegating, a token holder signals to the network that the validator they chose to delegate to is a trusted and reliable participant in consensus. Delegating to a validator does not give the validator ownership or control over your tokens. Delegated SOL is still fully under the control of the delegator. However, delegating to a validator that performs poorly (goes offline, fails to produce blocks, etc.) does result in an opportunity cost of lower rewards relative to delegating with a well-performing validator. It is therefore important to monitor the performance of validators and form staking decisions based on verifiable on-chain metrics. Below are several third-party public dashboards which display performance metrics for Syndica’s validator:

• StakeWiz Dashboard
• Validators.app Dashboard
• Marinade Dashboard
• JPool Dashboard
• Jito Dashboard
• Rated Dashboard

How to Get a Wallet

To use our dedicated Stake page, you need a self-custody wallet. Self-custody wallets give you complete control over your funds and private keys, but they also come with additional responsibility and risks. When choosing a wallet, research your options and consult reliable sources.

For security, hardware wallets generally offer much better protection than software wallets, as they store your private keys offline. You can explore the full range of available Solana wallets at solana.com/solana-wallets.

How to Stake SOL with Syndica

To stake with Syndica, you have two main options:

1. Syndica Stake Page (Recommended): Use our dedicated Stake page for the best staking experience with any self-custody wallet.

2. Wallet Built-in Features: Some wallets offer built-in staking features with similar functionality for delegating to a custom validator like Syndica.

Below we've organized popular wallet options and how you can use them to stake SOL with Syndica:

Software Wallets

All of these software wallets support staking with Syndica through our Stake page. Most also have built-in custom delegation features available directly within the wallet.

Wallet	Supports Custom Delegation	Staking Guide
Phantom	✅	How to Stake SOL
Solflare	✅	How to Stake SOL Using Solflare
Backpack	✅	Stake SOL with Backpack
Trust Wallet	✅	How to Stake Solana: A Visual Guide
Atomic Wallet	✅	How to Restake SOL
Exodus	❌	No Custom Validator Selection - use Stake page

Hardware Wallets

Hardware wallets provide enhanced security by storing private keys offline. Ledger and Trezor native applications don't support custom validator delegation, but both devices can connect to third-party wallets like Phantom, Solflare, or Backpack to enable custom validator delegation while maintaining hardware security.

Hardware Wallet	Native Staking Support	Third-Party Wallet Integration
Ledger/Ledger Live	Limited - no custom validator selection	Supports Phantom and Solflare for custom validator staking functionality
Trezor/Trezor Suite	Limited - no custom validator selection	Supports Backpack and other third-party wallets for custom validator staking functionality

Services and Exchanges

Centralized exchanges and custodial services for Solana staking. These services manage staking on your behalf but typically do not support custom validator delegation and charge higher fees.

Service/Exchange	Supports Custom Delegation	More Information
Binance	❌	https://www.binance.com/en/support/faq/detail/d0ce7037f53142058ae93575f2b3096e
Coinbase Earn/Prime	❌	https://help.coinbase.com/en/prime/staking/sol
Kraken	❌	https://www.kraken.com/features/staking/solana
KuCoin	❌	https://www.kucoin.com/earn/staking
OKX	❌	https://www.okx.com/earn/solana-staking
ByBit	❌	https://www.bybit.com/en/help-center/article/FAQ-On-Chain-Earn
HTX/Huobi	❌	https://www.htx.com/support/104931534833793

Lastly, advanced users can manage stake accounts using the Solana CLI. The command-line interface provides direct and secure access to your Solana accounts but requires deeper technical familiarity. For detailed guidance, please refer to the official Solana CLI documentation and ensure you fully understand the implications before proceeding.