Frequently Asked Questions About Solana Foundation Validator

We've opened applications for the Solana Foundation validator program and collected answers to frequently asked questions about this new product.

What is Solana?

A leading blockchain platform designed to support decentralized applications and smart contracts, offering fast transactions and low fees.

Key information:

• Founded in 2017.
• Market capitalization: ~ $88.57 billion.
• Current SOL token price: $184.71.
• Trading volume: ~ $2.68 billion.

What else should you know about Solana?

Solana has the potential to rival Ethereum, thanks to its ability to process up to 50,000 transactions per second, low fees, and support for smart contracts and decentralized applications.

This potential is supported by leading funds like Galaxy Digital and Figment Capital, who have become major validators alongside Binance.

What is a «Solana validator»?

A validator is a network node that processes transactions and ensures the network's security and stability. For performing these tasks, validators receive rewards in SOL tokens.

What opportunities does a validator offer an investor?

A validator on the mainnet (6-18 months after launch) could generate monthly income between $3,000 and $6,000.

What opportunities does this new product offer WebWise Capital venture fund?

We can create one of the largest groups of validators in Solana, strengthening our position in negotiations with other funds and startups.

What opportunities does this new product offer the DigiU ecosystem?

To increase dividend income, create a new commercial product, and give every investor a chance to become a validator without complex technical setups.

What risks should I consider?

High cryptocurrency market volatility and increasing competition. By deciding to use this product, you take responsibility for assessing the risks.

Please note:

• The actual SOL price at the mainnet launch is unknown and may differ significantly.
• We are indicating the current validator profitability, which may change based on the SOL price, cryptocurrency market trends, and other factors.
• The terms of the program to attract new validators can be changed unilaterally by Solana. For more details about the program, visit their official website.

How do I become a Solana validator?

• Submit an application in your DigiU account.
• Wait for a consultation from our manager and sign an agreement with DigiU.
• Complete KYC.
• Our specialists will then be available to help with all the technical setup.

How will DigiU help me?

Participating in the program requires advanced skills related to:

• Setting up and maintaining your validator.
• Constantly monitoring the network to ensure stable operation.
• Completing all testnet stages.
• Preparing for a successful mainnet launch.

Our team of experts will provide full support and guide your validator to the mainnet without issues. Therefore, we offer the opportunity to become part of the validator network with minimal effort.

Attention: after going live on the mainnet, the service fee will be 12-15%.

What expenses should I plan for?

• Testnet validator maintenance: ≈ $4,800.
• Minimum staking deposit (mainnet): 100 SOL (refundable).
• Network fees: 10 SOL.
• After going live on the mainnet, the service fee will be 12-15%.

What's the first step?

Submit an application in your DigiU account.

Join the Solana Foundation validator program and become part of the decentralized future with the DigiU ecosystem!

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