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What are the steps to stake Solana on Phantom using the Phantom wallet?

avatarMD S UJO NDec 26, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to stake Solana on Phantom using the Phantom wallet? I want to start earning rewards by staking my Solana tokens, but I'm not sure how to do it on the Phantom wallet. Can you help me with the process?

What are the steps to stake Solana on Phantom using the Phantom wallet?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure thing! Here's a step-by-step guide on how to stake Solana on Phantom using the Phantom wallet: 1. Start by downloading and installing the Phantom wallet from the official website or your preferred app store. 2. Once you have the wallet installed, open it and create a new wallet or import an existing Solana wallet. 3. Make sure you have some Solana tokens in your wallet that you want to stake. If not, you'll need to acquire some first. 4. In the Phantom wallet, navigate to the 'Staking' section. 5. Select the 'Stake' option and choose the amount of Solana tokens you want to stake. 6. Confirm the transaction and wait for it to be processed. 7. Congratulations! You've successfully staked your Solana tokens on Phantom using the Phantom wallet. Now you can start earning rewards!