Hi.

Where is the best place to stake Sol and what are the APR’s? I’ve been adding to my bag for the last few months and won’t be selling anytime soon so looking for a place to get safe yield.

  • SolBrothers_@alien.top
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    1 year ago

    There are two types of staking on Solana:
    - native staking - to validator directly.
    The most secure.
    You didn’t take any extra contract/protocol risks.
    At the same time you have no immediate liquidity of your stake. For using SOL you have to unstake it - wait the end of epoch (up to 3 days) and only after you can use your Sol.
    you have to choose trusted validator, because if validator stops your stake doesn’t earn profit

    - liquid staking - in the liquid staking pool (like Marinade or Jito etc
    you’ll get staking derivative token. This token you can use in DeFi and swap any time
    but you’ll take risk of protocol. Also protocol charge a small fee.
    at the same time protocol restake stake to the best validators