STAKING SOLANA THROUGH LEDGER
Staking your Solana (SOL) allows you to passively earn rewards for helping to secure the network.
Through Ledger Live, you can easily and securely delegate the Solana you want to stake to a Ledger by Figment validator node.
You’ll get competitive rewards, a trustworthy validator, and you keep ownership of your coins.
Stake your Solana now
WHY YOU SHOULD STAKE YOUR SOLANA
Fast and low cost: these are the promises of the Solana blockchain, built to enable scalable, user-friendly apps for the world at low fees. Thousands of projects spanning DeFi, NFTs, Web3 and more are already running on it.
Maximise your Solana tokens
Don't let your SOL gather dust. Put them to work and make them grow with Ledger.
Secure the Solana network
When you stake SOL, you make the Solana blockchain successful by securing the network and validating transactions.
STAKING SOLANA IS BETTER WITH A LEDGER BY FIGMENT VALIDATOR
Security and ownership
Keep full custody of your assets when you stake with Ledger, unlike with crypto exchanges. So you’re in total control.
Competitive rewards*
Earn rewards of up to 5% when choosing a Ledger by Figment validator, thanks to our low commission fees.
* Rewards are not guaranteed
Trusted service
Our tech is cutting edge, so you can rest assured that you’re delegating your coins to a trusted validator.
Start with Ledger Live
Solana Staking Rewards
You can passively grow your assets with Ledger by participating in the Solana network. By delegating your Solana to a validator such as Ledger by Figment, you will receive rewards for helping to secure the network.
The current annual yield on Solana is around 5%, minus the validators’ commission rate. This rate is gradually decreasing by 15% per year, until reaching a floor of 1.5%.
You can stop delegating your Solana at any time but you will need to wait 3 days to unlock your assets.
HOW DOES LEDGER'S SOLUTION WORK?
Get your device
A hardware wallet
that offers the best security for your crypto and NFTs - your assets always remain safe.
An app
to manage your crypto and access key services: buy, swap or grow your assets. Securely thanks to your hardware wallet.
Get your device
5 STEPS TO START SECURELY STAKING SOLANA
01
Buy a Ledger hardware wallet
Ledger hardware wallets are the smartest way to securely store your assets.
Buy your device
02
Download Ledger Live
It’s your gateway to securely and easily buy, manage, stake, and grow your assets. All in one app.
Download Ledger Live
03
Set up your device
Follow the setup steps, and create a Solana account.
Get started with Ledger
04
Buy crypto or transfer funds
Use Ledger Live to directly buy Solana with our partners, or transfer your Solana from an exchange to your hardware wallet.
Buy crypto Receive crypto
05
Start staking
Click the Earn rewards button on your Solana account and choose the Ledger by Figment validator in the list. Select the amount and confirm.
Stake Solana now
LEDGER LIVE
Other crypto to stake with Ledger
See all coins supported
*Ledger validator node available
Want to learn more about staking?
We answer all the basic questions you might have in our Ledger academy: What is staking? What’s the difference between Proof-of-Stake and Proof-of-Work? What is a validator?
You can also take a look at our School of Block series on Youtube to learn how to get started in staking and make your money work for you.
Visit our Ledger Academy
What is staking
Read the article
School Of Block
See our episode about staking
What is proof of stake
Read the article
Frequently Asked Questions
It usually takes up to 3 days to unlock the Solana you stake, depending on the Solana protocol. Learn more on the Solana website.
You have full ownership of your Solana when you stake through Ledger, unlike with crypto exchanges.
When staking with Ledger, you’re delegating your coin to a trusted validator that offers you great rewards and the best possible security. So there’s no need to spend time doing your own research to find a validator.
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