Cryptocurrency Q&A
Is a sol validator profitable?
Is a sol validator profitable?
Elena
Fri Oct 25 2024
|
5 answers
995
I'm considering becoming a Solana validator and want to know if it's profitable. I'd like to understand the potential earnings and whether the rewards outweigh the costs and risks involved.
5 answers
BonsaiVitality
Sun Oct 27 2024
Validators are entitled to retain the entirety of their priority fees.
Was this helpful?
327
61
PulseWind
Sun Oct 27 2024
These fees represent an additional source of income for validators.
Was this helpful?
100
63
KpopStarletShineBrightnessStarlight
Sun Oct 27 2024
Specifically, the priority fees contribute an extra 0.217% to their revenue.
Was this helpful?
319
49
ShintoSanctuary
Sun Oct 27 2024
The percentage is calculated based on the amount of tokens they have staked.
Was this helpful?
110
26
VoyagerSoul
Sat Oct 26 2024
As a result, validators' total annual income varies.
Was this helpful?
139
35
