Staking FAQs

Is the staking yield fixed?

No, the SOL staking yield depends on the network inflation rate and the network activity, e.g., priority fees. That said, the iASOL staking yield has been mostly ranging between 8-13%.

Does Goldsand charge Fees?

Yes, Goldsand charges a fee to cover the cost of running the validator nodes. The fee is also used to cover any staking income purification in case of accidental inclusion of impermissible transactions. The current fee is 5% of the earned staking rewards and 10% of earned Jito Tips

Is there any lockup for my staked SOL?

No, iASOL has no lockup, iASOL can be immediately converted back to SOL using Sanctum liquidity pool

Is Goldsand safe to use?

InshAllah's liquid staking token (iASOL) is built on top of Sanctum and uses battle-tested staking protocols that are also used by leading LSTs such as hSOL.

Do I need to KYC to use Goldsand

No. Goldsand doesn't require KYC to use the product, although users purchasing crypto through Coinbase or other exchanges may have to KYC there. Users need to consult their local regulations to learn about the legal and tax implications of staking.