How to Natively Stake SOL
This guide will show you how to natively stake from a funded Solflare wallet. There are two different ways you can stake SOL – liquid staking, and natively staking. Natively refers to traditional staking. This guide will show you how to natively stake your SOL.
There is a temporary Solana network fee of 0.002 SOL to open each SOL staking account. Once you withdraw and close your stake account, you are refunded back the fee.
If you want to know how to liquid stake your SOL, which is a bit more advanced, check out this guide that shows you how to do that using Marinade.
- Open your wallet, go to the Staking tab on the portfolio screen and click Create New Staking Account.
- This is where you can access any stake accounts you’ve set up.
This guide delegates your SOL to a validator. The validator then adds your stake to its pool of SOL and this process can take up to 3 epochs which translates to roughly 6 days. Your rewards won’t start accruing until the moment your SOL is added to a validators stake pool.
The more spread out staked SOL is, the more decentralized the Solana network is. It’s important to choose a validator that incorporates an acceptable fee (around 10%) and delegate accordingly.
- Choose how much SOL you would like to delegate and click Next.
- You’ll be taken to a screen with all of Solana’s validators that you can choose to delegate to.
- The more spread out staked SOL is, the more decentralized the Solana network is.
- It’s important to choose a validator that incorporates an acceptable fee (around 10%) and delegate accordingly.
- Once you’ve decided which validator you want to delegate to, Swipe to Confirm the transaction.
You’re all set.
Remember, delegated SOL is not immediately effective. Depending on network activity, there may be a 2+ day delay before your delegated SOL is earning rewards.
You’re still able to undelegate during this timeframe.