By staking your SOL, you can earn awards for helping to safeguard the network.
Using the Ledger Live app, you can easily and securely delegate the SOL you desire to stake to a Ledger by Figment validator node.
You will get competitive rewards, have access to a trustworthy validator, and keep your funds.
By joining the Solana network, you may passively grow your assets via Ledger. You will be compensated for protecting the network by delegating your SOL to a validator. The current annual yield of Solana, ignoring the validators’ fee rate, is around 6 percent.
You may stop delegating your SOL at any time, but it will take two days for your assets to become accessible again.
The benefits of staking Solana
Maximize your resources The average rate of return for Solana validators was 6%. This rate will vary dependent on a number of variables, including the quantity of the wager, the number of validators, and their commission.
Secure the network
To increase the efficiency of the Solana network, delegate your SOL to the Ledger by Figment validator node.