Solana is the World’s First Web Scale Blockchain.
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- How to Stake SOL?
Staking your SOL tokens on Solana is the best way you can help secure the world’s highest-performing blockchain network, and earn rewards for doing so!
In order to stake tokens on Solana, you first will need to transfer some SOL into a wallet that supports staking, then follow the steps or instructions provided by the wallet to create a stake account and delegate your stake.
For more information on Staking SOL, please read our Step-by-Step Guide on How to Stake Solana.
- How much can I make Staking SOL?
Currently you can earn around 30% annually by staking Solana.
This estimation is based on an annual inflation rate close to 8% and a total staked percentage around 26%.
To estimate your Staking Rewards check out the Solana Staking Rewards Calculator here.
- Is there any risk to Staking SOL?
There is some risk to Staking Solana due to a warmup and cooldown period when activating and deactivating your stake. This is a lockup period where you cannot withdraw your stake immediately.
This is considered to be a small right as Solana is a Layer 1 Blockchain.