StakePoint
Solana DeFi Glossary
Definitions of key terms used in Solana DeFi, token locking, LP locking, and staking. Published by the StakePoint team.
Solana Rent
A small SOL deposit required to keep an on-chain account active on Solana.
Definition
Solana rent is a mechanism that requires on-chain accounts to hold a minimum SOL balance proportional to their data size. This prevents the network from being filled with unused accounts consuming storage.
Accounts that maintain a balance above the rent-exempt threshold do not pay ongoing rent: they are rent-exempt. The rent-exempt threshold is approximately 0.002 SOL for a typical token account.
When an account is closed on Solana: such as when a token lock expires and the lock account is closed: the rent deposit is returned to the wallet that created it. This means most Solana operations are fully reversible in terms of rent costs.
StakePoint & Solana Rent
StakePoint creates on-chain lock accounts and staking position accounts that require rent deposits. When a lock expires and is claimed, the account is closed and the rent is returned to the user's wallet.
Related Pages
Frequently Asked Questions
What is Solana rent?
Solana rent is a minimum SOL balance required to keep on-chain accounts active. Rent-exempt accounts hold enough SOL to never pay ongoing fees.
Do I get my rent back when a lock expires?
Yes. When a StakePoint lock account is closed after claiming, the SOL rent deposit is returned to your wallet.
Related Terms
Associated Token Account (ATA)
A deterministic token account address for a given wallet and token mint on Solana.
Program Derived Address (PDA)
An on-chain Solana account controlled by a smart contract with no private key.
SOL
The native cryptocurrency of the Solana blockchain, used to pay transaction fees and for staking.
Solana Mainnet
The live production blockchain network of Solana where real transactions occur.
Anchor Smart Contract
A Solana smart contract built using the Anchor framework.