Overview

Previously, Fireblocks calculated rent on Solana as part of the network fee (i.e., priority fee + signing fee + paid rent). Now, you can view the rent paid as a separate parameter in your Transaction History and your transaction webhooks (in both Webhooks v1 and Webhooks v2).

This parameter is currently in a gradual rollout to all Fireblocks workspaces. You do not need to take any additional action.

About rent on Solana

The Solana blockchain uses rent to incentivize efficient use of storage on the network and to help prevent the network from becoming bloated with unused or inactive accounts.

• When you create a new wallet for a Solana token account, this action triggers Solana token account activation. The rent expense is paid as part of the creation process.
• When you transfer tokens on Solana to non-active token accounts, you must pay the rent expense (an extra 0.00203928 SOL) to the destination token account in addition to any network fees.