Solana wallet Solflare pledges to pay missed rewards on staked $160 million after validator goes offline

Solflare, a Solana wallet, has committed to compensating users for unreceived rewards.

This compensation relates to $160 million staked on a validator that ceased operation.

Approximately 1.56 million SOL was held on this specific validator, leading to missed earnings.

Furthermore, the wallet has not yet identified the entity responsible for holding the keys to those funds.