An additional way to generate passive income in the crypto market is through the practice of staking. In return, your staked token rewards the chosen ecosystem with network efficiency and decentralization.

For Solana (SOL) holders, staking ensures the network works smoothly while your assets yield interest. In this guide, we outline all the steps needed to stake SOL tokens, the advantages and downsides, methods available, and how to unstake if you wish to access your funds.

If you are a first-timer or would like to sharpen your staking technique, this guide provides the right information to enable you to stake safely and efficiently.

What Is Solana Staking?

A hybrid PoS and PoH model serves Solana’s consensus model. Validators are given delegated SOL tokens, which they use to confirm transactions and secure the network. As an exchange, you receive rewards proportional to your stake, and these rewards are given every epoch,

Keep reading this article on E-cryptonews.com.

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