How to stake Sol using Phantom Desktop wallet

stake2earn
3 min readAug 5, 2022

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https://stake2earn.com/how-to-stake-solana-with-phantom-desktop-wallet

What is Solana?
Solana was founded in 2017 when Anatoly Yakovenko published a whitepaper draft detailing a new concept called Proof of History (PoH). Anatoly believed that with this new technique, he could automate the transaction ordering process for blockchains, in order to allow a higher scalability.
Later on, Anatoly teamed up with Greg Fitzgerald to build a single blockchain network that uses POH.

What is Phantom Wallet?
A crypto wallet reimagined for DeFi & NFTs. The friendly crypto wallet for tokens, NFTs, and Defi on Solana. Phantom makes it easy, safe, and fun for everyone to explore all that Web3 has to offer.

How to stake your Solana to stake2earn 🌜?

1.Download Phantom Wallet Extension

Phantom Wallet is available for desktop too, besides Android and iOS mobile versions. You simply need to access this link and install Phantom Wallet extension to your browser.

https://stake2earn.com

You will simply need to click on the button ‘Add to Chrome’, then a pop-up window pop-up will appear and you will need to choose ‘Add Extension’.
Now, as the extension is added, if you want to pin it for faster access, you may need to select it on your browser bar to have the Phantom icon link visible in your browser.

2. Connect to Phantom Wallet

If you already have a wallet, please click on ‘I already have a wallet’ otherwise, please ‘Create a new wallet’.

3. Deposit Solana into your account and start staking it

Click on ‘Deposit’ and copy your Wallet address to the wallet where you are making the transfer from.

Now, you are ready to start earning from staking your Solana tokens. Click on ‘Stake’ button and search for stake2earn, as staking provider. After you chose stake2earn validator, please enter the amount you want to start staking with us and wait until your transaction shows successfully completed.

4. Check your SOL staking rewards

In your main dashboard, you have the possibility to check whenever your active staking and verify the rewards gained so far.

If needed to unstake, here you will find the unstake option too. Don’t forget that to regain access to these funds, you will have to wait the one epoch unstaking period of time.

Congratulations! You are now officially staking your Solana and started earning rewards. We are excited to have you join us 🌜

If you have any questions do not hesitate to contact the stake2earn team via e-mail: contact@stake2earn.com

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stake2earn
stake2earn

Written by stake2earn

Professional blockchain validator in POS networks

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