STAKING SOLANA THROUGH LEDGER
Staking your Solana (SOL) allows you to passively earn rewards for helping to secure the network.
Through Ledger Live, you can easily and securely delegate the Solana you want to stake to a Ledger by Figment validator node.
You’ll get competitive rewards, a trustworthy validator, and you keep ownership of your coins.
WHY YOU SHOULD STAKE YOUR SOLANA
Fast and low cost: these are the promises of the Solana blockchain, built to enable scalable, user-friendly apps for the world at low fees. Thousands of projects spanning DeFi, NFTs, Web3 and more are already running on it.
Maximise your assets
Don't let your assets gather dust. Put them to work and make them grow with Ledger.
Secure the network
When you stake Solana, you make the Solana blockchain successful by securing the network and validating transactions.
STAKING SOLANA IS BETTER WITH A LEDGER BY FIGMENT VALIDATOR
Security and ownership
Keep full custody of your assets when you stake with Ledger, unlike with crypto exchanges. So you’re in total control.
Earn rewards of up to 5% when choosing a Ledger by Figment validator, thanks to our low commission fees.
Our tech is cutting edge, so you can rest assured that you’re delegating your coins to a trusted validator.
You can passively grow your assets with Ledger by participating in the Solana network. By delegating your Solana to a validator such as Ledger by Figment, you will receive rewards for helping to secure the network.
The current annual yield on Solana is around 5%, minus the validators’ commission rate. This rate is gradually decreasing by 15% per year, until reaching a floor of 1.5%.
You can stop delegating your Solana at any time but you will need to wait 3 days to unlock your assets.
Estimate your rewards
HOW DOES LEDGER'S SOLUTION WORK?Get your device
A hardware walletthat offers the best security for your crypto and NFTs - your assets always remain safe.
An appto manage your crypto and access key services: buy, swap or grow your assets. Securely thanks to your hardware wallet.
5 STEPS TO START SECURELY STAKING SOLANA
Buy a Ledger hardware wallet
Ledger hardware wallets are the smartest way to securely store your assets.
Download Ledger Live
It’s your gateway to securely and easily buy, manage, stake, and grow your assets. All in one app.
Set up your device
Follow the setup steps, and create a Solana account.
Buy crypto or transfer funds
Use Ledger Live to directly buy Solana with our partners, or transfer your Solana from an exchange to your hardware wallet.
Click the Earn rewards button on your Solana account and choose the Ledger by Figment validator in the list. Select the amount and confirm.
Want to learn more about staking?
We answer all the basic questions you might have in our Ledger academy: What is staking? What’s
between Proof-of-Stake and Proof-of-Work? What is a validator?
You can also take a look at our School of Block series on Youtube to learn how to get started in staking and make your money work for you.