Try Quests to earn SOLSolana: Rent - Live Dashboard
What is Solana’s Rent
Accounts on Solana may have owner-controlled state (Account::data) that's separate from the account's balance (Account::lamports). Since validators on the network need to maintain a working copy of this state in memory, the network charges a time-and-space based fee for this resource consumption, also known as Rent.
Two-tiered rent regime
Accounts which maintain a minimum balance equivalent to 2 years of rent payments are exempt. The 2 years is drawn from the fact hardware cost drops by 50% in price every 2 years and the resulting convergence due to being a geometric series. Accounts whose balance falls below this threshold are charged rent at a rate specified in genesis, in lamports per byte-year. The network charges rent on a per-epoch basis, in credit for the next epoch, and Account::rent_epoch keeps track of the next time rent should be collected from the account.
Currently, the rent cost is fixed at the genesis. However, it's anticipated to be dynamic, reflecting the underlying hardware storage cost at the time. So the price is generally expected to decrease as the hardware cost declines as the technology advances.
Read more - here
Reclaim Overview
In this section, we will study many metrics of the reclaim events including.
- Overview
- Cohort
- Transaction type
- Event type
==Due to computing constraints, we will only look at accounts from the last two weeks that have been activated for less than three weeks for the reclamation study. If the ClosedAccount cannot be located within the last three weeks, we will use the minimum rent value instead (0.00230928 SOL)==
Rent Volume (SOL)
Rent Transaction Count
Reclaim Volume (SOL)
Reclaim Transaction Count
