Staking Solana (SOL) enables you to earn passive income while supporting one of the fastest and most innovative blockchains in the industry. By delegating your SOL tokens, you contribute to transaction validation and network security while receiving staking rewards.
Tangem Wallet provides a seamless and secure solution for staking SOL. This guide covers everything from staking basics to claiming rewards, ensuring you maximize your crypto earnings.
What Is Solana Staking?
Solana staking involves locking your SOL tokens to participate in the Proof-of-Stake (PoS) consensus mechanism. Validators—selected based on their staked SOL—process transactions and secure the network. By delegating your tokens, you earn a share of their rewards.
Key Benefits of Staking SOL
- Earn Passive Rewards: Receive newly minted SOL tokens as staking rewards, with rates varying based on network conditions.
- Enhance Network Security: Help maintain blockchain integrity by supporting trustworthy validators.
- Promote Decentralization: Distribute control across the network, preventing centralized dominance.
👉 Learn more about staking rewards
Prerequisites for Staking SOL in Tangem Wallet
Before staking, consider these factors:
- Minimum Staking Amount: 0.01 SOL (low barrier to entry).
- Unbonding Period: Funds are locked for one epoch (~2–4 days) before withdrawal.
- Variable APR: Rewards depend on validator performance and network dynamics.
- Wallet Compatibility: Ensure you’re using the latest Tangem Wallet app version.
Note: Tangem acts as an interface—staking rules are governed by the Solana protocol.
Step-by-Step Guide to Staking SOL
1. Prepare Your Wallet
- Update the Tangem app.
- Fund your wallet with SOL (via purchase, deposit, or swap).
2. Stake SOL
- Open Tangem Wallet → Select SOL.
- Tap Stake → Review terms (APR, unbonding period).
- Enter stake amount (leave funds for fees) → Confirm.
- Authenticate (biometric/PIN) → Sign transaction with Tangem card.
- Track staked assets under Native Staking.
Claiming Rewards
- Navigate to SOL → Native Staking → Rewards.
- Tap Claim Rewards → Sign transaction.
- Rewards unlock after the unbonding period.
Unstaking SOL
- Go to Native Staking → Your Stakes.
- Select Unstake → Confirm.
- Tokens become available post-unbonding.
FAQs
1. What’s the minimum SOL needed to stake?
- 0.01 SOL, making staking accessible even with small balances.
2. How often are rewards distributed?
- Rewards accrue per epoch (~2–4 days) and compound automatically.
3. Can I unstake SOL anytime?
- Yes, but tokens remain locked until the current epoch ends.
4. Is staking safe with Tangem?
- Yes! Tangem’s cold wallet ensures offline security for your assets.
5. Why choose Tangem for staking?
- Combines cold storage safety with user-friendly staking features.
👉 Explore Tangem Wallet’s security features
Conclusion
Staking SOL via Tangem Wallet optimizes passive income while bolstering the Solana ecosystem. With low entry thresholds and transparent rewards, it’s ideal for beginners and experts alike.
Ready to grow your crypto holdings? Start staking SOL securely with Tangem today.
Disclaimer:
Tangem AG offers non-custodial wallet solutions and does not regulate staking protocols. Rewards are subject to network conditions and carry inherent risks. Users delegate tokens at their discretion.