How To Stake Solana On Phantom

Tabular array of Contents

• 
  What is Solana (SOL) Staking?
  
• 
  Why Stake Solana (SOL) with P2P?
  
• 
  Solana (SOL) Staking Rewards & Fees
  
• 
  Solana (SOL) Warm-up & Reward Distribution Frequency
  
• 
  Solana (SOL) Undelegation Menstruation
  
• 
  Partially Delegating and Undelegating Solana (SOL) with Solflare
  
• 
  How to Track my Solana (SOL) Staking Rewards
  
• 
  Monitoring Solana (SOL) Staking Rewards Using Solflare Wallet
  
• 
  How Do I Claim Solana (SOL) Staking Rewards?
  
• 
  Solana Liquid staking
  
• 
  Solflare + Ledger Solana (SOL) Staking Guide
  
• 
  Solflare Solana (SOL) Staking Guide
  
• 
  Phantom Solana (SOL) Staking Guide
  
• 
  Solana (SOL) Staking FAQ
  

What is Solana (SOL) Staking?

When staking Solana (SOL) you are supporting the network with the additional benefit of compounding your SOL!

Staking SOL is the process of belongings SOL “stake” to partake and support the operations in the Solana network to receive rewards. In guild to exist a “Validator” and participate in these operations, one is required to maintain a server running continuously, technological knowhow, feel, and accept a meaning self-bond (surety bond).
This is where P2P Validator comes in, we allow SOL token holders to forget about all the heavy lifting i.east maintenance, surety bonds etc. by “delegating” their holdings to P2P to receive these rewards. Nosotros accumulate users’ stake and act equally a major validation node, receiving and allocating staking rewards between our users pro rata to the delegation.

Users that chose to stake with P2P maintain full custody of their SOL at all times and P2P will never have admission to them.

Why Pale Solana (SOL) with P2P?

P2P is a leading Solana validator with more than 4 million in staked SOL, the highest network reliability & low staking fees. We monitor and maintain Solana nodes to ensure maximum efficiency for SOL stakers.

As nosotros are SOL seed investors, it is very of import to ascertain the best means of network management and evolution. Our technical team has been involved in all of the Tour de Sol dry runs with the highest efficiency and has participated in all of TdS and SLP. We are a major thespian in all networks we support because of our experience, commitments and our reputation. We pay special attending to the process of governance. Our aim is to provide a secure and reliable service at the everyman price maximising rewards for our delegators.

So why stake SOL with P2P?

• High operation: depression skip rate, high uptime
• Ain Peel in the game with 2M+ SOL
• Secure, non-custodial staking
• Solana seed investors and contributors.
• Experienced DevOps’s team (Working with Solana from 2019)
• Ecosystem contributors (Solana Wormhole Hackaton winners)
• 24/seven monitoring of machine and protocol metrics

P2P Validator provides additional benefits for Stakers with more 100k SOL, making information technology the best place for large investors. Make it touch with us here to learn more about how nosotros tin address your staking needs.

Solana (SOL) Staking Rewards & Fees

You will be earning an estimated vii% APR when staking Solana (SOL) with P2P.

In order to run the staking infrastructure, we charge a seven% fee on your rewards. The rewards after taking the fee into consideration volition therefore be 6.51%.

Case:

I delegate 1000 SOL to P2P

Reward: 10007% = lxx SOL
Fee = 707% = 4.9 SOL

Estimated balance subsequently 1 year = one thousand+70-iv.9 = 1065.ane SOL

Please keep in mind that the April specified is approximate and changes along with network conditions.

Solana (SOL) Warm-up & Reward Distribution Frequency

One epoch in the SOL network lasts approximately ii-3 days.

You lot will outset earning rewards one time your delegation goes from activating to effective, which takes one full epoch. You volition then receive your rewards in the following epoch.

Lets assume you select to delegate your SOL in epoch E1:

E1: Your SOL is activating (up to approx. two-3 days)
E2: Your SOL is effective (approx. 2-three days)
E3: Receive your rewards for epoch E2

Once your SOL stake is active, you will receive rewards every epoch. Rewards volition automatically be added and compounded to your staked remainder.

Solana (SOL) Undelegation Period

1 epoch in the SOL network lasts around 2-iii days.

Information technology takes one total epoch to deactivate your SOL delegation – once finished you volition exist able to withdraw it. This will include your original pale and any rewards y’all earned.

Lets assume you lot select to undelegate your SOL in epoch E1:

E1: Will showtime deactivating your Stake.
E2: Stake is undelegated and is available to withdaw.

Partially Delegating and Undelegating Solana (SOL) with Solflare

In Solflare you lot have a main authorization address where you lot can transfer SOL to and from your staking account(s).

Main authority account can be found on your “Portfolio page”.

You cannot transfer SOL directly from one staking account to another without outset going through your chief authority accost. Staking accounts are used in society to delegate your SOL to validators.

Staking accounts can exist found on your “Staking page”. In the image below y’all tin can run into that I have created iii staking accounts. Two are activating (meaning my delegation transaction has been confirmed buy my stake is in the warming upward period), and one is inactive (not staking).

Only the full amount in a staking business relationship tin can be delegated or undelegated. IE inside i staking account, you lot volition not be able to input a specific amount to partially delegate or undelegate. Furthermore, delegating and undelegating take warm-up and cool-down periods respectively. For these two reasons, it is important to sympathise the options available to partially undelegate your SOL with staking accounts to avoid waiting.

For example if yous have 100 SOL being delegated in a staking account and you want to undelegate and withdraw l SOL, it would be a waste material of fourth dimension to undelegate 100 SOL and await for the absurd down, withdraw 50 SOL out of your account, and so delegate l SOL once again and wait for the warm-up. During the warm-up catamenia you volition not be earning rewards.

Fortunately, Solflare has created the option to carve up a staking account, which provides a solution to partially delegate or undelegate your SOL without wasting time and rewards.

Splitting accounts

Y’all can only delegate or undelegate the full amount – as opposed to a partial amount – in a staking account. To delegate or undelegate a partial amount you have the option to “split” your staking account. This will take a staking account and it will split information technology into ii seperate ones, with the new account beingness transferred the split amount of SOL. Both accounts will go along the same status every bit it had before (delegating, activating, or inactive).

1. To find the split function, first select your account and then “Carve up”.

2. Input the amount that y’all would like to motility out of your staking account into the new one.

3. Confirm the transaction.

4. Once your new staking business relationship has been created with the split amount, you lot tin undelegate or delegate the SOL there.

You will and then accept to expect the cooldown catamenia before your funds are available to withdraw.

How to Track my Solana (SOL) Staking Rewards

To track your rewards y’all can utilise the Solana embankment explorer. This explorer allows you to track whatever transactions made on any accost on the Solana blockchain.

Note that some wallets, like Solflare, have a tabular array of your staking rewards integrated in their wallet already (more than info here). However, this guide volition allow anyone to be able to track their SOL rewards regardless of which wallet provider they use and which validator they selected to stake with.

Track your rewards

First you volition need to find your staking accounts address to input into the Solana beach explorer. Information technology will be a serial of 44 characters and numbers.

One time you have searched for your staking accounts address, scroll down and select “Stake Rewards”. Here you will be provided a table with your rewards for each epoch.

That’s it! Remember that if yous have whatsoever questions along the fashion or would like to share some feedback, please dont hesitate to contact u.s. as nosotros will be more than than happy to assist.

Monitoring Solana (SOL) Staking Rewards Using Solflare Wallet

You can rail the staking rewards on your Solflare staking account. In lodge to practise so, just get to the staking page on Solflare and select the staking business relationship address you are interested in.

Details will appear, showing your advantage payouts for each epoch that you were actively delegating.

For all past epochs, you will be able to view:

• Epoch
• Corporeality of rewards earned
• Residual update
• Apr
• Committee charged
• Date the advantage was received

How Do I Merits Solana (SOL) Staking Rewards?

One epoch in Solana lasts approximately 2-3 days.

With your effective staked SOL, you will receive rewards every 2-3 days and it will automatically be added and compounded to your staked amount.

If you want to withdraw your rewards, you volition have to first undelegate your stake.

Solana Liquid staking

The pillar of P2P’south core principals has since the offset been decentralization. We believe that cryptocurrencies and the whole emerging industry surrounding it was congenital upon this.

We believe in the benefits and the work being washed on liquid staking solutions for this emerging manufacture and this is why we are proud to be non just 1 of the validators for LIDO’s liquid Solana staking only as well in charge of it’s development.

Liquid staking is a smashing fashion to build and develop new opportunities for the cryptocurrency industry to grow on both the staking and DeFI sectors.

Solflare + Ledger Solana (SOL) Staking Guide

Solflare Solana (SOL) Staking Guide

Earlier starting you lot will have to ain some SOL – you can purchase information technology on multiple cryptocurrency exchanges.

Create Solflare wallet

1. To create a wallet select “Access” on the Solflare page.

2. So select “Create a new wallet”.

3. Create a password that you will utilise to enter your wallet and to submit transactions. Select “Next” to proceed.

4. Save your Mnemonic phrase somewhere secure! You will need this to recover your account to enter it from a new device or even from a new account on a browser, or potentially after a browser upgrade. If you lose it, y’all will lose access to your funds! Exercise not share this Mnemonic phrase with anyone, anyone who has admission to it will have admission to your funds!

5. Verify your Mnemonic phrase past typing it dorsum in. In one case completed, select “Verify”.

6. That’south it your wallet has been created! After successfully completing the steps above, you will find yourself in the master menu of Solflare where y’all will find data about your wallet account accost.

Transfer SOL to your wallet

1. To find your receiving address select “Receive”.

2. A pop upwards window will announced with your Solflare master authority address, and alternatively a QR code. Utilize this receiving address to ship your SOL to your Solflare wallet.

Once yous take transferred funds into your main authorization wallet, yous are now set up to start Staking!

Staking Solana

1. To start staking, you must starting time go to the staking section of the wallet by selecting “Staking” on the top of the page. You will then be given three options, Liquid SOL Staking, Native SOL Staking, and SLRS Staking. Select “Native SOL Staking”. You can observe more information near Liquid SOL Staking on Lido’s SOL Page. Lastly select “Start Staking”.

2. A pop upwards window will appear. Input the amount you wish to stake and the validator you wish to pale with. Leave some SOL in your wallet to pay for transaction fees. Since they are very low at Solana, but a pocket-sized amount is required.

To find P2P Validator type it in the search bar. Select “Stake” to proceed.

3. You will then be prompted to enter your password one last time for security reasons.

4. Once your delegation transaction has been confirmed, you lot volition meet that your pale is activating. For more information on when you will start receiving rewards please refer to our SOL Warm-Up article.

That’s it! You lot are at present delegating your SOL to P2P Validator. Note that your SOL are all the same fully in your custody, simply yous are delegating them to P2P to help us partake in network activities and you lot will be rewarded for your contribution!

Phantom Solana (SOL) Staking Guide

Before starting yous will have to ain some SOL – you can purchase information technology on multiple cryptocurrency exchanges.

Create Phantom Wallet and transfer SOL to it.

1. To first, you will desire to download the Phantom extension on their folio.

2. If the wallet page does not open up automatically after downloaded, y’all should select Phantom in your list of extensions. If you are using Google chrome, you tin find your extension in the top right of the page.

3. To create a wallet select “Create New Wallet”

4. You lot will first exist asked to salve your Secrete Recovery Phrase. Save information technology somewhere secure! You will need this to recover your business relationship to enter information technology from a new device or fifty-fifty from a new account on a browser, or potentially after a browser upgrade. If you lose it, you will lose access to your funds! Do not share this Hole-and-corner Recovery Phrase with anyone, anyone who has access to it will accept access to your funds!

5. Create a countersign that you will utilise to enter your wallet when you are logging in from the same device. Select “Relieve” to keep.

6. In one case you have saved your password and proceeded to the next stages, yous volition have successfully created your wallet!

7.You volition then want to transfer your SOL into your Phantom wallet where you will have fully custody of your SOL. To discover your receiving address select “Receive”.

8. To find you wallet address select “Send from wallet / Exchange” or alternatively you can Deposit SOL direct from FTX.

9. Phantom will provide you with a QR code besides as a button to copy your wallet address. You tin can utilize this receiving address to send your SOL to your Phantom wallet.

In one case you lot have transferred funds into you main authorisation wallet, you are at present fix to start Staking!

Staking Solana

1. To start start staking get back to the master page of your wallet and select Solana.

2. Select “Start earning SOL”.

3. To observe P2P Validator type it in the search bar. Select it to proceed.

4. Enter the amount you wish to stake and select “Stake” to send out the delegation transaction.

5. Phantom will create a divide staking business relationship for your pale and then will consul it to P2P Validator.

6. Once y’all see this message, your delegation transaction has now successfully been sent out!

7. Yous will run across that your stake is activating. For more information on when you lot will start receiving rewards please refer to our SOL Warm-Up article.

That’s information technology! You are now delegating your SOL to P2P Validator. Annotation that your SOL are still fully in your custody, but you are delegating them to P2P to assist us partake in network activities and yous volition be rewarded for your contribution!

Solana (SOL) Staking FAQ

What is Solana?

Solana is a loftier-operation permissionless blockchain solving scalability issues without sharding and suitable for decentralized applications requiring high throughput.

What is the Solana staking Apr?

The Solana staking reward is approximately seven%. More than info here.

How ofttimes are staking rewards distributed?

Solana staking rewards are paid out to stakers approximately every epoch (2-3 days). More info here.

Is there an unstaking period?

It can accept up to 3 days for your SOL tokens to be transferable. More info here.

Is there a slashing risk for validators?

At that place is currently no slashing risk for Solana validators.

Is there a minimum staking amount for Solana?

There is no minimum staking amount for SOL stakers.

Do staking rewards compound?

Yes, Solana staking rewards are compounded automatically.

What is the Solana inflation rate?

The Solana network inflation rate is approximately 8% per year.