[Stanley]

Forward Industries launches Solana validator, almost $1.7B SOL staked

Forward Industries staked its entire Solana treasury into a new validator, immediately joining the network’s top 10.


https://cointelegraph.com/news/forward-i...er_inbound

[Aeowulf]

SOL keeps moving up. Should have kept my stake...

[Fish]

Bold move. Putting that much SOL on the line shows serious confidence in Solana.

[Vectura]

Big move from Forward Industries. Staking the entire treasury is a serious show of confidence in Solana’s long-term stability.

[Hackers]

Interesting, it looks like they overtook Coinbase & a few other major players.

It'll be interesting to see how they change their rate over time. There are real operations costs to consider...

from the article:

Forward’s 0% commission means that all rewards go directly to stakers, while higher commissions reduce their yield.

By comparison, Binance Staking, the largest operator with 13.9 million SOL, charges delegators 1% commission, while staking providers Figment and Ledger by Figment charge 7%.

Among the top 10 validators, the most expensive belongs to Coinbase, which charges 8%, reducing delegator returns the most among the top validators.

However, 0% commission may be a growth tactic rather than a permanent figure. Running a validator requires infrastructure costs, and companies may raise their commission rates once they secure a big enough stake.