Prepare SOL
What is SOL?
SOL is the Solana blockchain’s native cryptocurrency which is required for transaction fees and other use cases such as securing the network via staking.
Transaction fees on Solana
Transaction fees on the Solana blockchain use SOL, which means as a user you must have SOL in your wallet whenever you want to initiate any type of on-chain action.
When you add or remove liquidity on Meteora, whether this involves the DLMM, Dynamic Vaults, or Multi-token pools, you'd need SOL for transaction fees.
Note: 0.000000001 SOL = 1 lamport (one-billionth of a SOL)
Last updated