We've made it incredibly easy for anyone with SOL to help secure the network and start earning rewards with just 3 clicks from within Phantom.
Once you have some SOL in your wallet, click on the Solana token balance in your wallet.
Click the "Start earning SOL" button
Choose a validator to stake with
Choose an amount and then click "Stake"!
On Solana’s Proof of Stake (PoS) network, validators are responsible for processing new incoming transactions as well as for voting on and adding new blocks to the blockchain. SOL holders can participate in the network and earn rewards by delegating their tokens to stake with one of the hundreds of validators who run, maintain and secure the blockchain. Validators with more stake are chosen to write new transactions to the ledger and pass on more rewards to delegators for helping keep the network running as quickly and smoothly as possible.
Staking is the process by which a SOL token holder assigns some or all of their tokens to a particular validator or validators, which helps increase those validators’ voting weight. Assigning your tokens to add to a validator’s stake-weight is known as “delegating” your tokens. Delegating your tokens to a validator does NOT give the validator ownership or control over your tokens. At all times, you still control all your staked tokens that you may have chosen to delegate.
You can learn more at solana.com/staking
Generally, a smaller validator with a higher APY and lower commission, is best for the Solana network and your returns.
Solana staking uses periods of times called epochs to delineate time. They are usually 2-3 days long. Your stake only activates and deactivates at the beginning and end of an epoch.
Important: make sure you have SOL for gas (0.05 is enough for many transactions) otherwise your transaction will fail
Once your stake goes from "Deactivating" to "Inactive" you can use the "..." menu in the top right of the stake account view to Widthdraw your SOL back into your wallet balance.
The number displayed next to the validator's indicates how much commission the validator keeps for themselves from the rewards collected. A lower number would mean more rewards are given to the people staked with them.