Solflare to repay missed staking rewards after validator goes offline
Solflare says it will cover rewards missed on about $160 million of staked SOL, about 1.56 million tokens, after a validator stopped earning. The wallet has not yet named the firm that held the keys for that validator. For traders, the episode highlights operational risk in staking and the open question of who was responsible.
Why it matters
- About 1.56 million SOL was staked on a validator that stopped earning rewards.
- Solflare has pledged to pay the missed rewards, which may limit the direct loss to stakers.
- The firm holding the keys is still unnamed, leaving accountability unclear.
What to watch next
Watch whether Solflare names the firm that held the keys and confirms when the missed rewards will be paid.
