I see MCF and it gives a high yield with 0% commission and others. But with these validators once you stake can they ever steal your Solana? and how long does it take to stake or unstake?

  • Pegsterg@alien.topB
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    10 months ago

    hey there,

    stake with confidence! when you stake with a validator in Phantom, your SOL remains under your control at all times. the validators have no power over your SOL as your private keys stay with you. there’s no risk of theft or slashing. you can unstake and withdraw your SOL at any time.

    consider using StakeWiz.com for alerts and Marinade Native for auto-delegation to top validators. a hardware wallet adds an extra layer of security to your private keys.

    activation period for staking takes an epoch to complete, which is around 2-3 days. you can also opt for instant unstaking for a small fee through Solflare.

    feel free to ask if you have more questions, happy to help out :))