Hello everyone! I own 50 Solana, and I would like to stake them on Ledger (Figment). I haven’t staked anything before, and I intend to stake the Solana coins I have for approximately 1 year.

My questions are:

  1. Can you tell me what to expect over the course of a year of staking?
  2. Is it worth staking the coins?
  3. Will I earn more coins over the year, or is the principle different?

Thank you!

  • Knettwerk@alien.topBEnglish
    1·
    1 year ago

    If you have not staked before, I would recommend staking with Francium - https://francium.io/

    Or doing concentrated liquidity pools on Raydium - https://raydium.io/

    Both a pretty conservative but either will get your feet wet and I would suggest only investing a small amount so you can see what they can do and offer. Then you can add to your initial deposit.