1. What is account rental fee?
On the Solana blockchain, each user's interactive account (such as Swap Token, Claim Airdrop, Purchase NFT, etc.) requires a certain rental fee (Rent) to be paid, which is stored in SOL tokens. If these tokens are no longer in use, we can recover this portion of SOL by releasing the account. For example: during the recent Grass airdrop, a certain amount of SOL tokens was deducted when you claimed it. Or when you swap on a meme coin, you also need to pay a rental fee. This portion of SOL tokens can be recovered.
The image below shows swapping 1U of ME tokens on Orca, but the actual deduction is 1.37U of SOL. This is not Orca's fault, but rather the protocol’s requirement that account rent costs about 0.4U.
Today, I will teach you how to recover this rental fee.
Recovering one token account is approximately 0.4U. If you often swap meme coins, you can likely recover dozens of U. The image below shows the token rental fees I can recover from my SOL wallet.
2. A tutorial on recovering account rental fees using Step Finance
Step 1: Visit the Step Finance website
Open the official Step Finance website
https://app.step.finance/en/?ref=dashboard
Connect wallet Register account Registering a Step account costs about 0.5U. Once opened, it can be used permanently.
Step 2: Check for excess accounts
After connecting the wallet, Step Finance will automatically scan your accounts. Click on Accounts on the left, and wait patiently for the loading, which takes about 20 seconds.
This wallet has 6U to recover. After deducting the 0.5U needed to open an account, it is still very cost-effective. Tip: How to estimate how much U you can recover? Just remember this: each token is 0.4U. If you have played with 10 types of Solana chain tokens, that would be 10 x 0.4 = 4U
Step 3: Release empty accounts
Click the Close button next to the corresponding account.
For example, this IQ50 is a meme coin I previously swapped, and I will close it. After confirming the transaction, the account will be released, and the SOL rental fee stored in the account will be returned to your wallet.
Recovered about 0.4U
Step 4: You can also recover everything at once, which can save gas
4. Why choose Step Finance?
Step Finance provides a simple and easy-to-use interface that can quickly organize and manage accounts in your Solana wallet. It is an ideal tool for recovering account rental fees. With the above operations, you can efficiently recover the SOL rental fees for excess accounts in your wallet.
If you have any questions, feel free to discuss. Follow me to avoid getting lost while making money.