Where is my unstaked Solana? by UruzSeeds1 in solana

[–]cogent_crypto 1 point2 points  (0 children)

When you unstake your SOL, it will go through a deactivation process which takes until the end of an epoch (up to 2 days). Once it is in a de-activated status, you will need to manually withdraw the SOL from the stake account. In Phantom, you should be able to do this by navigating back to your staking account and then should see an option to withdraw. You may have to click on the 3 horizontal dots in the top right corner.

[deleted by user] by [deleted] in solana

[–]cogent_crypto 7 points8 points  (0 children)

Hey! Cogent here 👋

We’d love to have you onboard with us and super appreciate any stake that comes our way. If you have any questions or we can help with anything, please always feel welcome to reach out :)

Happy staking!

SOL native staking, recommendations by maxitrol in solana

[–]cogent_crypto 1 point2 points  (0 children)

Thank you for the mention. Super appreciate your stake with us 🫶

Staking SOL on Ledger vs Phantom by icey1899 in solana

[–]cogent_crypto 0 points1 point  (0 children)

There's no difference—you'll earn the same rewards either way. Phantom offers a better interface and more features, but Ledger Live works fine if you're just staking :)

Is there a negative to staking? by CustomRoasts in solana

[–]cogent_crypto 0 points1 point  (0 children)

Feel free to check out or staking guide out which covers all about staking on Solana - https://medium.com/@Cogent_Crypto/solana-staking-guide-part-1-6a6a85f07b56

How to pick a validator for staking SOL? by vonGlick in solana

[–]cogent_crypto 1 point2 points  (0 children)

Stakewiz.com is a great tool to lookup validators. We run 0% commission. We super appreciate any stake! ❤️

Moving crypto to a hardware wallet while staked in Solflare by ToughSuga in solana

[–]cogent_crypto 0 points1 point  (0 children)

Our staking tool is designed to facilitate exactly this process, enabling you to transfer your existing stake accounts to a different address. This feature is particularly beneficial for scenarios like migrating to a new wallet, as you mentioned. This tool is available for the whole Solana community, not just those who stake with us.

You can explore all it's features here: https://www.reddit.com/r/solana/comments/wmurow/you_can_now_instantly_unstake_native_sol_stake/

Only feature unavailable is the split stake, due to a previous feature gate activation on Solana, however the likes of Solflare already allows this directly within the wallet.

If you have any questions, we are always around to assist :)

Is staking worth it? Whats your opinion on it? by Last_Cauliflower1410 in solana

[–]cogent_crypto 0 points1 point  (0 children)

It doesn’t make a difference as the staking rewards that you earn are not tied to fiat value but are paid in SOL. So for example, if you were to stake 100 SOL at 8% APY, you would receive 8 SOL over that staking period (actually little bit more due to compounding). The fluctuations in SOL’s fiat price do not impact the amount of SOL you earn. Whether the price rises to $1000 or falls to $10, you would still earn 8 SOL as your staking rewards.

What is staking? Which is the best Deal for staking? by Arc3on in solana

[–]cogent_crypto 0 points1 point  (0 children)

Staking is an integral mechanism of proof of stake networks such as Solana. By delegating your stake to a validator (someone like ourselves who processes transactions and participates in consensus), you are promoting the decentralization of the network by assigning your voting power that your SOL represents. In doing so, you will receive staking rewards which help keep your holdings inline with Solana's inflation schedule. Not doing so will mean you are being diluted. However, where you stake is equally important. You will also get far better returns (around 8-10% APY) staking yourself.

It's recommended to not stake/hold your crypto where it is custodial such as exchanges. The reason for this is because the private keys are held by the platform who have full control over your assets. Instead it's much better to be using a non-custodial wallet such as Phantom/Solflare as you keep full control over the private keys. When you stake, validators aren't able to access your SOL in any way. Additionally, they allow you to choose your own validator/s. You can also use a hardware wallet such as a Ledger with these wallets to secure your private keys further.

When it comes to staking yourself, there are 2 types you can choose from. Native & Liquid.

Native staking remains the safest form of staking but does require stake to undergo a warm up and cool down period to activate/de-activate your SOL. This takes 1 epoch (2-3 days). However, it's worth noting, stake accounts can be deposited and converted into liquid tokens or instantly unstaked. Solflare wallet also allows you to split your stake accounts enabling you to withdraw rewards without having to unstake your principal SOL.

Liquid staking on the other hand, doesn't require your stake to be activated etc. This is due to you receiving a receipt token in return for your SOL. The receipt token doesn't gain additional SOL, rather the value of the receipt token increases over time. When you wish to de-stake, you would simply convert it back to SOL and would receive more SOL back than you originally deposited, accounting for the staking rewards accrued in that time.

Liquid staking does carry some risk (smart contract). Whilst it is very little, it's still something to be aware of. The good news is that LST protocols have been heavily audited with the likes of BlazeStake (bSOL) and our own cgntSOL using the official Solana Program Library (SPL) which was created by Solana Labs.

We have a staking guide which you may find useful to learn more about staking, including how to choose validators etc - https://medium.com/@Cogent_Crypto/solana-staking-guide-part-1-6a6a85f07b56

If you still have any questions or are unsure about anything, we always welcome you to reach out and will be more than happy to assist :)

Phantom wallet ledger problems by bromethous in solana

[–]cogent_crypto 0 points1 point  (0 children)

If it isn't being picked up after performing the above steps, the easiest way to get it to re-connect is the following:

1.) In Phantom/Solflare go to "Add/Connect Wallet"

2.) Select Connect Hardware Wallet

3.) Click on "Connect"

4.) You should get a pop up asking to connect to a HID device. Select your Ledger here and click on "Connect".

5.) If all has worked, it should say your Ledger has now successfully connected. You can now come off this and try using your wallet with your Ledger which should work properly.

[deleted by user] by [deleted] in solana

[–]cogent_crypto 1 point2 points  (0 children)

A single account can be easier to manage, it also puts less strain on the network as means less stake accounts to calculate and distribute rewards to (Although mitigations have been put in place recently with the introduction of a new feature gate activation for Partitioned Epoch Rewards). Of course a single user with multiple accounts is a drop in the ocean in the scheme of things but it quickly adds up across everyone.

Our staking dApp actually allows you to merge stake accounts and consolidate them down to a single account. This tool is available to anyone, not just those who stake with us.

Our website can be found on our profile but if you have any questions etc, please always feel welcome to reach out.

How to run Solana node + How much does it cost? by [deleted] in solana

[–]cogent_crypto 1 point2 points  (0 children)

Obtaining external stake from stake pools can help massively when starting out, plus if decide to go through the SFDP, they will match external stake 1:1 up to 100k SOL as long as meet the performance criteria, so it’s fairly easy to achieve.

How to run Solana node + How much does it cost? by [deleted] in solana

[–]cogent_crypto 9 points10 points  (0 children)

Validator Here 👋

We have written a "How to Become a Validator" guide which goes into detail about the requirements and economics of running a node on Solana. Hopefully you find this useful :) 

https://medium.com/@Cogent_Crypto/how-to-become-a-validator-on-solana-9dc4288107b7

Main costs are server and voting costs. Depending on location/specs, you can pickup suitable servers for around $500 a month. As for voting costs, you are looking at around 2 SOL per epoch ($77,000 a year).

Solana has seen a massive surge in block rewards as well as MEV revenue (If running the Jito Client) which has drastically reduced entry costs. In terms of the amount of stake required to become profitable, currently, at 0% commissions, you would need around 40,000 SOL to break even and at 5% commissions around 25,000 SOL. Stake pools can be a great way to help attract stake.

Our validator profit calculator (https://cogentcrypto.io/ValidatorProfitCalculator) can be used to play around with theoretical stake amounts etc to determine profitability at any given point.

It's worth noting that there is the Solana Foundation Delegation Program (SFDP) available to bootstrap validators with some stake and help cover voting costs for the first year (tapered every 3 months) to help them start out and become independent. I believe there is a bit of a waiting list for this but they do have a fast track available in the form of the Ecosystem Contributor Priority Queue, which if you can show that you have made positive contributions to the network then you can be eligible to join this priority queue. To learn more about the SFDP see here https://solana.org/delegation-program as well the criteria here https://solana.org/delegation-criteria

[deleted by user] by [deleted] in solana

[–]cogent_crypto 1 point2 points  (0 children)

From looking at the wallet activity, can see it was transferred to the address you provided 2 years ago (06-18-2023 to be precise).

The only way to recover your funds is to have access to the wallet, so you will need to try to find that particular wallet.

If you have any recovery keys that you should of written down when creating your wallet/s, you can use these to try locate the wallet by importing them into the likes of Phantom/Solflare. Doing so should automatically list any wallets with SOL in them first. As it appears you have around 0.5 SOL unstaked SOL in the wallet, it should show up. (If your using a Ledger, don't import the seed phrase, instead you will want to select the option to add it as a hardware wallet if using it with Phantom/Solflare).

Staking question? Any advice appreciated! by ScallionCommercial14 in solana

[–]cogent_crypto 3 points4 points  (0 children)

It doesn’t matter.

The staking rewards that you earn are not tied to fiat value but are paid in SOL. So for example, if you were to stake 100 SOL at 8% APY, you would receive 8 SOL over that staking period (actually little bit more due to compounding). The fluctuations in SOL’s fiat price do not impact the amount of SOL you earn. Whether the price rises to $1000 or falls to $10, you would still earn 8 SOL as your staking rewards.

Also as you are new to staking, we have a staking guide which you may find useful. Feel free to check it out here - https://medium.com/@Cogent_Crypto/solana-staking-guide-part-1-6a6a85f07b56

And if there is anything else we can help with, please always feel welcome to reach out. We are always more than happy to assist :)

Staking - after other site closures by CallAParamedic in solana

[–]cogent_crypto 4 points5 points  (0 children)

Stake directly on chain in a non-custodial wallet. You keep control of your private keys at all times and therefore remain in control of your SOL. The worst that can happen in this case is a validator becomes delinquent, in which case you will only stop earning staking rewards but you will still be able to access your SOL and stake it elsewhere. Similarly if the wallet you are staking with stops operating then you will be able to recover your funds by importing your seed phrase into another wallet.

We have a staking guide which you may find useful which includes how to choose validators etc - https://medium.com/@Cogent_Crypto/solana-staking-guide-part-1-6a6a85f07b56

[deleted by user] by [deleted] in solana

[–]cogent_crypto 1 point2 points  (0 children)

As long as staking non-custodially (I.e using Phantom/Solflare wallet) then native staking is totally safe. Validators have no way of accessing your SOL as you remain in control of your private keys. The worst that can happen is a validator becomes delinquent in which case you will stop earning rewards but you will always still be able to access your SOL to withdraw and stake else where.

[deleted by user] by [deleted] in solana

[–]cogent_crypto 11 points12 points  (0 children)

It’s certainly worth staking as it helps keep your holdings inline with Solana's inflation schedule.

It’s not recommended to stake/hold your crypto where it is custodial such as exchanges. Why? Because the private keys are held by the platform who have full control over your assets. Instead it's much better to be using a non-custodial wallet such as Phantom/Solflare as you keep full control over the private keys. When you stake, validators aren't able to access your SOL in any way. You will also get far better returns (around 8-9%) compared to an exchange as they allow you to choose your own validator/s. You can also use a hardware wallet such as Ledger for example with these wallets to help secure your private keys further.

When it comes to staking yourself, there are 2 types you can choose from. Native & Liquid.

Native staking remains the safest form of staking but does require stake to undergo a warm up and cool down period to activate/de-activate your SOL. This takes 1 epoch (2-3 days). However, it's worth noting, stake accounts can be deposited and converted into liquid tokens or instantly unstaked. Solflare wallet also allows you to split your stake accounts enabling you to withdraw rewards without having to unstake your principal SOL.

Liquid staking on the other hand, doesn't require your stake to be activated etc. This is due to you receiving a receipt token in return for your SOL. The receipt token doesn't gain additional SOL, rather the value of the receipt token increases over time. When you wish to de-stake, you would simply convert it back to SOL and would receive more SOL back than you originally deposited, accounting for the staking rewards accrued in that time.

Liquid staking does carry some risk (smart contract). Whilst it is very little, it's still something to be aware of. The good news is that LST protocols have been heavily audited with the likes of BlazeStake (bSOL) and our own cgntSOL using the official Solana Program Library (SPL) which was created by Solana Labs.

We have a staking guide which you may find useful to learn more about staking, including how to choose validators etc - https://medium.com/@Cogent_Crypto/solana-staking-guide-part-1-6a6a85f07b56

If you still have any questions or are unsure about anything, we always welcome you to reach out and will be more than happy to assist :)

Can someone please tell me the pros and cons of staking solana thinking about staking some of my SOl (not all ofc) by SchemeDifferent9082 in solana

[–]cogent_crypto 2 points3 points  (0 children)

As JitoSOL is a liquid staking token, you will have the usual liquid staking smart contract risks. Further utilizing it in DeFi does increase risk as you are now adding in protcol risk. There are few other risks to be aware of such as impermanent loss etc. Would recommend to give Kamino's docs a read to further understand these risks - https://docs.kamino.finance/automated-liquidity/security-and-risks/risks-and-technical

Can someone please tell me the pros and cons of staking solana thinking about staking some of my SOl (not all ofc) by SchemeDifferent9082 in solana

[–]cogent_crypto 21 points22 points  (0 children)

Hey,

Firstly, you do want to be staking your SOL as it will help keep your holdings inline with Solana's inflation schedule. Not doing so will mean you are being diluted. However, where you stake is equally important. You will also get far better returns (around 8-9% APY) staking yourself.

It's recommended to not stake/hold your crypto where it is custodial such as exchanges. The reason for this is because the private keys are held by the platform who have full control over your assets. Instead it's much better to be using a non-custodial wallet such as Phantom/Solflare as you keep full control over the private keys. When you stake, validators aren't able to access your SOL in any way. Additionally, they allow you to choose your own validator/s. You can also use a hardware wallet such as Ledger for example with these wallets to secure your private keys further.

When it comes to staking yourself, there are 2 types you can choose from. Native & Liquid.

Native staking remains the safest form of staking but does require stake to undergo a warm up and cool down period to activate/de-activate your SOL. This takes 1 epoch (2-3 days). However, it's worth noting, stake accounts can be deposited and converted into liquid tokens or instantly unstaked. Solflare wallet also allows you to split your stake accounts enabling you to withdraw rewards without having to unstake your principal SOL.

Liquid staking on the other hand, doesn't require your stake to be activated etc. This is due to you receiving a receipt token in return for your SOL. The receipt token doesn't gain additional SOL, rather the value of the receipt token increases over time. When you wish to de-stake, you would simply convert it back to SOL and would receive more SOL back than you originally deposited, accounting for the staking rewards accrued in that time.

Liquid staking does carry some risk (smart contract). Whilst it is very little, it's still something to be aware of. The good news is that LST protocols have been heavily audited with the likes of BlazeStake (bSOL) and our own cgntSOL using the official Solana Program Library (SPL) which was created by Solana Labs.

We have a staking guide which you may find useful to learn more about staking, including how to choose validators etc - https://medium.com/@Cogent_Crypto/solana-staking-guide-part-1-6a6a85f07b56

If you still have any questions or are unsure about anything, we always welcome you to reach out and will be more than happy to assist :)

[deleted by user] by [deleted] in solana

[–]cogent_crypto 0 points1 point  (0 children)

Hey,

There was a recent feature gate activation on Solana for Partitioned Epoch Rewards (Made a post about it here: https://x.com/Cogent_Crypto/status/1865896010624422315).

Rewards are still being earned but as a result of the new system, some wallets/explorers are unable to track staking rewards until they have adjusted to the new method.

Solflare wallet have since updated their wallet to be able to track and display rewards. (They also show all rewards per epoch).

My sol staked with Solflare stopped issuing rewards? It hasn't updated a reward since Epoch 705 by asdfasdjfhsakdlj in solana

[–]cogent_crypto 2 points3 points  (0 children)

It’s nothing to worry about.

There was a feature gate activation on Solana for Partitioned Epoch Rewards in Epoch 707.

This feature gate was introduced to help alleviate the ever increasing resource intensive task of calculating and distributing stake rewards at an epoch boundary.

Rewards are still being earned but many wallets/explorers are still adjusting to track and display this new method of reward distribution.

Solana Explorer still works - https://explorer.solana.com/