Learn how to stake SOL tokens for rewards in the Mad Validator with the Backpack Wallet in just a few easy steps.
The same process flow works in both Desktop extension and the mobile application. See FAQs about SOL staking below the instructions.
Download Backpack Wallet here.
1) Open Solana (SOL) from the token list
2) Select the 'Stake SOL to Earn' button
3) Choose the 'Add Stake' button
4) Enter the amount of SOL you wish to stake and select the 'Stake' button. Approve the transaction.
5) Select 'View Stakes' to see your funds
FAQs about staking SOL with Backpack
What is the minimum amount of SOL needed to stake?
.0001 SOL
How long does it take for staked SOL to activate?
This period can vary however a new stake will activate within 24 hours.
Can I unstake my SOL at any time?
You can unstake SOL at any time however you must wait for the next Solana epoch to receive the tokens in your Wallet.
See the Solana Epoch status here.
What is the Mad Validator?
The Mad Validator is Backpack owned and managed. It began operations after the Mad Lads NFT collection launch.
See details about the Mad Validator here.
What is staked SOL used for?
Staked SOL is used to validate blockchain transactions on the Solana network.
How long should I stake my SOL tokens?
SOL is typically staked for long periods of time, one year at a minimum.
Do you have questions or require further information?
Click the red Live Chat button in the lower right of your screen or contact us via email at: support@backpack.exchange
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