Currently, SOL offers a 7% ROI, while you can stake up to 100,000 coins over the course of between 24 hours and 12 months. So, if you staked the maximum amount of tokens for the duration of a year, you’d earn 7,000 coins with a total value of $237,138.52 (at the real-time price point of $33.97).
Read moreIs SolFlare good for staking?
We highly recommend using Solflare in conjunction with a Ledger device since it is a safer method to interact with the Solana blockchain . You ca also use your Ledger Nano X, the steps to successfully stake are the same. Please note that Microsoft users might encounter some issues when using a Ledger Nano X.
Read moreHow do I check my staking rewards in SolFlare?
Track staking rewards in the SolFlare Wallet After pasting the wallet address into the Solana Explorer, you will be linked to the page with all the details related to your account, including Address, Balance, Delegated Stake, activation epoch, deactivation epoch, etc.
Read moreWhat rewards do you get for staking?
The primary benefit of staking is that you earn more crypto , and interest rates can be very generous. In some cases, you can earn more than 10% or 20% per year. It’s potentially a very profitable way to invest your money. And, the only thing you need is crypto that uses the proof-of-stake model.
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