About Simpdigit

Learn more about our validator and frequently asked questions

Our Story

Simpdigit Validator launched in September 2022 with a mission to provide reliable, secure, and high-performance validation services for the Solana network. Since our inception, we have maintained 99.9% uptime and grown our staking pool to over 301,000 SOL, serving more than 4,200 stakers.

Frequently Asked Questions

What is the minimum amount I can stake?

The minimum stake amount is 1 SOL.

What is the current APY for staking?

The current APY for native staking is approximately 6-7%, while digitSOL offers up to 20% APY through DeFi integrations.

How long is the unstaking period?

The unstaking period for native staking is approximately 2-3 days. However, with digitSOL, you can trade instantly on Jupiter.

What security measures do you have in place?

We utilize enterprise-grade security infrastructure, including hardware security modules (HSMs), multi-sig wallets, and 24/7 monitoring systems.

What is digitSOL?

digitSOL is our liquid staking token that represents staked SOL. It can be traded or used in DeFi protocols while earning staking rewards.

How often are staking rewards distributed?

Staking rewards are distributed at the end of each epoch (approximately every 2-3 days) and automatically compounded.

Do you charge any fees?

We charge a competitive 5% commission on staking rewards to maintain our high-quality infrastructure and services.

What happens if the validator goes offline?

We have redundant systems in place to minimize downtime. In the rare event of downtime, stakers only miss rewards for that period but their principal remains secure.

Can I stake from a hardware wallet?

Yes, you can stake using any Solana-compatible wallet, including hardware wallets like Ledger.

How can I contact support?

You can reach our support team through our Discord channel or by emailing support@simpdigit.com. We typically respond within 24 hours.