Solana Price | Utility & Value Explained SOL

This VCM represents the SOL token's role as a token for blockspace purchases and the deflationary appreciation due to fee burning. Burnt fees originate from half the base fees of each transaction included in a block. A base fee is fixed at 5000 lamports per signature in a tx.

Represents the two use cases of staked SOL token enshrined in the protocol design: operation of a validator node or, alternatively, delegation of stake to an extant validator in order to receive a portion of his rewards without having to perform active work.

This VCM represents the value accrued from delegating stake to an active validator:

Risk Exposure: a requirement to stake SOL in order to delegate it
Conditional Action: the act of delegation
Future Cashflow: accrual of stake-proportional rewards from the emissions due to the target validator (less the fees)

This VCM represents the value accrued from running a validator participating in the active validation set:

Risk Exposure: the user needs to immobilise at least a small amount of SOL in order to be able to operate (though no strict stake requirement is imposed)
Conditional Action: a requirement to correctly run and maintain the validator node
Future Cashflow: validators receive emissions from participation in the consensus and additional rewards from fees