Solana
How to delegate Solana tokens (SOL)?
Brief:
You can stake your own tokens and locked reward tokens.
Validator address: xSGajeS6niLPNiHGJBuy3nzQVUfyEAQV1yydrg74u4v
Link to explorer
The full guide:
It is recommended to use solflare wallet as it supports stakes. We assume that you already have solflare wallet and some SOL tokens.
- Go to https://solflare.com/
and click Access Web Wallet. Then click I Already Have a wallet
- Paste your recovery phrase and click Continue. Create Password and click Continue.
- Go to Staking tab
- Enter desired amount to be staken and select NodesGuru from dropdown. Click Stake
- Click Confirm
- Your stake is activating now. It will be active at the next era. Era duration is ~ 3 days.
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You can undelegate your stake any time you want. Use UNSTAKE button for this. Undelegation also takes one era.
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Rewards. Please take into account that If your tokens are locked, then your rewards are locked also for the same period. To check your rewards click on your staking account. Rewards are paid every era. These tokens are added to the stake. That means that your delegation increases every era.
NOTE: If you tokens are delegated already and you want to redelegate them, then: Click Unstake on your Staking Account, wait once tokens undelegated (till the end of current era), then delegate them to the desired validator.