The Solana Token | Helium Documentation

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The Helium Network runs on the Solana blockchain, an extremely fast, scalable, and low-cost blockchain.

Interacting with the Solana blockchain requires a small fee (average transaction fee is 0.000014 SOL) paid in SOL tokens, which is massively cheaper than the original Helium blockchain transaction fee of $0.35 in DC.

All interactions with the Solana blockchain require fees, including sending tokens, staking tokens, making payments, swapping tokens, minting NFTs, claiming rewards from your Hotspots, and all on-chain Helium transactions.

Solana Accounts and Rent

Information is stored on the Solana blockchain, such as token balances, NFTs, or other data, in "accounts." Keeping this data on-chain takes up space, so Solana charges a "rent" fee of ~0.002 SOL on accounts.

Rent Facts:

• Each account has an individual rent fee.
• There is typically one account for each token type.
• Having more accounts (meaning more token types) requires more rent fees.
• Closing accounts can return rent to your wallet.

Performing more complex transactions, which include creating accounts, may require more SOL. For example, if a Wallet does not have enough SOL for rent fees, the Wallet cannot create new accounts to hold tokens, and transactions will fail.

This includes reasserting your Hotspot's location, locking HNT to gain veHNT, and potentially more complex DeFi actions where multiple accounts must be created (even temporarily).

SOL Swap Utility

If you do not have enough SOL, you can use this tool to swap HNT for 0.02 SOL. Open this page from within the browser of the Helium Wallet App to swap a small amount of HNT for SOL.

Select Wallet

• Change wallet

I agree to use the SOL acquired from this system solely for on-chain rent, gas, and other transaction fees. I understand that the terms of service limit each user to a maximum of 100 uses of this system. I further agree that I will not use this system for any illegal purpose.

I Agree

Convert HNT to 0.02 SOL for tx fee

Swapping HNT to SOL with the Helium Wallet App - YouTube

Video of the process in action. Click here to watch on YouTube.