Where do you have your Solana. If you have a wallet, you are losing 5-6% APY for not staking, and it’s super easy, at least with phantom , which is the one I use.
If you are holding in Binance or Coinbase, they usually have ways to stake (or “earn”) through the exchange.
If you are holding , it’s much better to stake. How long since you have it? I already accumulated a compounded 20% extra since I’m holding. In the medium term, it’s totally worth it. The next maniac cycle could be 2-3 years away. Maybe more. Of course, next month would be possible that we multiply, but I think that it’s better to be prepared long term.
In summary, if you don’t stake, the inflation is diluting you 5% annually. If you stake, you actually get like 1% real interest (APY - inflation).
Where do you have your Solana. If you have a wallet, you are losing 5-6% APY for not staking, and it’s super easy, at least with phantom , which is the one I use.
If you are holding in Binance or Coinbase, they usually have ways to stake (or “earn”) through the exchange.
If you are holding , it’s much better to stake. How long since you have it? I already accumulated a compounded 20% extra since I’m holding. In the medium term, it’s totally worth it. The next maniac cycle could be 2-3 years away. Maybe more. Of course, next month would be possible that we multiply, but I think that it’s better to be prepared long term.
In summary, if you don’t stake, the inflation is diluting you 5% annually. If you stake, you actually get like 1% real interest (APY - inflation).
It’s super easy. Ask ChatGPT step by step guide