- This topic has 9 replies, 2 voices, and was last updated 12 months ago by
Scoob8877.
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- Thursday, February 10th, 2022 at 05:01 #98429
Darth-veda
ParticipantDo you guys buy and hodl or do you guys stake? Does anyone hodl and stake? Which is better? I own Solana and I am torn whether if I should stake or not. Not knowing what will happen if I were to stake. Could you guys please explain which is better ? Thanks
Thursday, February 10th, 2022 at 05:01 #98430poncha_michael
I made a small buy ($10) of SOL on Coinbase and transferred to a Solflare wallet. Staked the Sol. It’s a learning process, and doing it with a very small amount of fiat takes away the anxiety of making a mistake and makes learning about all of this fun and exciting. Be aware that it will take an epoch (2-3 days) for your stake to delegate, and then another epoch to begin receiving awards.
Thursday, February 10th, 2022 at 05:01 #98431Conlo5
You’re still holding if you stake. There’s no risk. If you’re holding and not staking, you’re literally missing out on free opportunity.
Thursday, February 10th, 2022 at 05:01 #98432SatoshiSnoo
Staking is easy, profitable, and pretty liquid (Avg ~1.5 days to stake or liquefy your stake). Solflare is really simple as both a wallet interface and staking manager.
Thursday, February 10th, 2022 at 05:01 #98433aryaxt
Waiting for ledger support to stake, already have more wallets than I want. Not willing to track another pass phrase
Thursday, February 10th, 2022 at 05:01 #98434SolanaChef
I buy SOL, stake SOL to mSOL at [Marinade.finance](https://Marinade.finance)’s stake pool. Marinade delegates to more than 400 validators on the network right now, doing astonishing work for the decentralization and growth of Solana.
Then I either hold mSOL or use it in DeFi to get even more yield on top of the staking rewards!
That way I both support the decentralization and security of the Solana network, and get yield from staking AND get yield from DeFi. Trifecta!
Thursday, February 10th, 2022 at 05:01 #98435PuterGuy_3301
I stake half my sol through phantom, then the other half through invictusDAO check it out
Thursday, February 10th, 2022 at 05:01 #984363packLarge
Stake and chill
Thursday, February 10th, 2022 at 05:01 #98437hexadot00
Yes stake. Tulip.garden with phantom
Thursday, February 10th, 2022 at 05:01 #98438Scoob8877
I stake via Exodus
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