If you are new to the Solana blockchain, you might be confused by the term "rent"—why do accounts on the blockchain have to pay rent? Binance Smart Chain doesn't have this, so why does Solana need it? Today, PandaTool will use relatable examples to help you easily understand the logic behind this unique design of Solana.

1. Why do Solana accounts have to pay "rent"?

Imagine you rented a warehouse to store goods. The warehouse manager (the blockchain network) needs to collect rent regularly; otherwise, they will clear out your goods to free up space. Solana's rent mechanism is just like this "warehouse management rule."

On Solana, each account is like a small warehouse:

• Storing data requires space: For example, you stored an NFT image or information about a game item.

• Limited resources: The storage space on the blockchain is shared among all users and cannot be occupied indefinitely.

• Preventing "zombie warehouses": If someone opens a warehouse but doesn't use it for a long time, the rent mechanism will automatically clean it up to avoid resource waste.

2. How is rent calculated? Comparison with real estate rent

1. Rent formula: Size × Time

The rent for your warehouse (account) depends on two factors:

• Warehouse size: The more data you store, the more expensive the rent (for example, 1MB of NFT is more expensive than 100KB of text).

• Rental period: The longer you occupy it, the higher the total cost.

The specific calculation is similar: Rent = Data Size × Daily Cost per MB × Days of Occupation
(Currently, the annual rent for 1MB on Solana is about 6.96 SOL)

2. Deposit for rent exemption: Store enough rent for two years

If you pay a "deposit" equivalent to two years of rent in one go, you can be exempt from rent permanently! For example:

• Your NFT occupies 1MB → Two years of rent = 6.96 × 2 = 13.92 SOL

• If you deposit more than this amount, you will no longer have to pay rent.

• If you store an SPL token, which is about 200 bytes, the required rent would be: 0.002 SOL = (200 bytes ÷ 1MB) × 6.96 SOL × 2 years.

3. What is the 0.002 SOL token rent?

In the normal Solana blockchain, we mainly encounter the 0.002 rent. Many users create new tokens through PandaTool or transfer to new addresses, and each additional address incurs a fee of 0.002 SOL (approximately $0.3). In fact, this is not a fee charged by PandaTool, but rather a "digital locker deposit" on the Solana chain!

• Each token is an independent package: Just like packages need to be stored in separate lockers, each token on Solana must have an independent account.

• Deposit prevents abuse: 0.002 SOL serves as a deposit for renting the locker, preventing someone from occupying space unnecessarily.

• Ownership still belongs to you: Just like a locker deposit can be refunded, this fee can later be reclaimed through the PandaTool tool.

1. Fee composition and flow (latest data for 2025)

Fee Type

Amount

Collector

Refundable

Account Creation Fee

0.002 SOL

Solana Blockchain

✅ Fully refundable

Transaction Fee

Approximately 0.00001 SOL

Validator Node

❌ Non-refundable

Note: Actual fees may vary slightly due to network congestion; refer to the wallet confirmation page for accuracy.

2. Fee collection logic

• Storage space usage: Each token account requires about 200 bytes of on-chain space.

• Two years of rent prepayment: Based on the current rate, 0.002 SOL is enough to cover two years of storage fees.

• Base rate: Solana storage rent = 6.96 SOL/MB/year.

• Calculation formula: 0.002 SOL = (200 bytes ÷ 1MB) × 6.96 SOL × 2 years.

• Deposit lock mechanism: Fees are stored in the account balance and are automatically unlocked when the account is closed.

4. 3 steps to get back your 0.002 SOL!PandaTool** Refund Guide**

Case demonstration: Xiao Ming recovers 10 idle accounts

1. OpenPandaTool → Enter the "Rent Recovery" feature:

2. Scan accounts: The system automatically detects accounts with no token balance
   （Detected 10 recoverable accounts, total deposit 0.02 SOL）

3. One-click confirmation → 0.02 SOL instantly refunded to the wallet.

Illustration: The recovery process takes only 20 seconds, no coding required.

5. Common misconceptions among users

❌ Misconception 1: "This is how PandaTool makes extra money."

Truth: The fees are enforced by the blockchain protocol, and the tool provider cannot intervene.

Analogy: Just like bank transfer fees, Alipay cannot waive them.

❌ Misconception 2: "I can't be bothered to recover small fees."

Data speaks:

• Sending 10 types of tokens = 0.02 SOL (about $3).

• 100 test accounts = 0.2 SOL (about $30).
  （Based on SOL's current price of $150）

✅ Correct understanding: Regular cleaning = On-chain financial management

It is recommended to check your accounts monthly, just like cleaning up zombie groups on WeChat.

6. Conclusion

Through this article, I hope to help you unravel the "deposit mystery" of Solana token accounts. Remember: every time you see a 0.002 SOL deduction, it's like renting a digital storage locker on the blockchain—don't forget to use PandaTool to cancel the rent when not in use; your SOL is always waiting to come home!

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