How to stake on
Solana (SOL)
Step 1 - Download the Phantom wallet
- Website: https://phantom.app/
- Navigate to the mentioned URL and locate the download button or link for the Phantom Wallet.
Step 2 - Access the Phantom Wallet
Once downloaded and installed, launch the Phantom Wallet application.
Step 3 - Set Up Your Wallet
- Option A: If you already have an existing wallet, select the "I already have a wallet" option.
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Option B: To create a new wallet:
- Choose a robust and unique password for your new wallet.
- Ensure you store this password securely—consider using a password manager or writing it down and keeping it in a safe place.
- Verify your password by entering the passphrase when prompted. This step confirms you've noted down the passphrase correctly.
Step 4 - Pick Solana Network
- Look at the list of available networks.
- Click on "Solana".
Step 5 - Get Ready to Deposit
- Click on the "Deposit" button.
- This will show your wallet address. Use this to send SOL tokens to your Phantom Wallet.
Step 6 - Start Earning with Solana
- Head back to the main screen.
- Click "Start earning SOL".
- You'll see a list of validators. Pick one you trust.
- Decide how much SOL you want to stake and input that amount.
Last step - Finish Up
- Check over your choices one more time.
- If you're sure, click "Stake" to complete the staking process.
