Native Staking

Brief Description

Native staking allows you to stake your SOL directly on the Solana network using Phantom Wallet, offering a secure and straightforward way to earn rewards. This method involves directly interacting with the Solana network, providing enhanced security and participation in the ecosystem.

Key Features

• Direct interaction with Solana network

• High security by eliminating third-party risks

• Contributes to network security and stability

Staking Process

Let's dive into the world of native SOL staking and see how you can unlock its full potential.

Advantages

Earn higher yields:

Native staking often offers competitive APYs compared to other methods.

Increased security:

By staking directly on the Solana blockchain, you eliminate third-party risks.

Enhanced participation:

Become a more active member of the Solana community by contributing to network security.

Direct control:

Manage your stake directly through your wallet without intermediaries.

Transparency:

Easily track your rewards and stake status on the Solana blockchain.

Impact on Loyalty Program

Native staking earns you valuable points for our exclusive loyalty program. Each SOL staked directly contributes to your points balance, unlocking special rewards and exclusive benefits as you progress through the program. This method provides a straightforward way to boost your loyalty status while earning staking rewards.

Additional Information

Activation time:

Please allow up to two days for your stake to become active. This is due to the nature of the Solana blockchain and its epoch system.

Epoch Boundaries:

Solana operates on a system of "epoch boundaries," which mark the transition from one epoch to another. All changes related to your stake, such as activation, occur at these boundaries.

Stakes created before an epoch boundary:

Your stake will activate immediately upon the boundary being passed.

Stakes created after an epoch boundary:

You'll need to wait until the next epoch boundary for your stake to activate.

Unstaking process:

To unstake, you'll need to request to undelegate your stake. This process also takes effect at epoch boundaries.

Validator identity:

Always verify the validator's identity before staking. You can find ElagabalX's identity key on our website.

Need a little help with your Solana transactions?

Here's a quick tip:

💡 make sure you have enough SOL for gas.

A little bit goes a long way – 0.05 SOL is usually enough. If you don't have enough, your transaction won't go through.

Want to know where we are in the current epoch?

Check out solanabeach.io or explorer.solana.com.

Dive into staking status here👇

So, you're seeing "Activating" or "Deactivating" on your stake, and you're wondering why it's taking so long.

It's all about how Solana works. They use these periods called "epochs" to keep track of time. Think of them like little time blocks, usually about 2-3 days long.

Your stake only actually activates or deactivates at the start and end of these epochs. It's not a real-time thing.

To see how far along we are in the current epoch, you can check out solanabeach.io or explorer.solana.com.