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Solana — How to Stake $SOL Tokens with Luganodes
Solana Staking Guide
Published on7 Oct, 2022
Solana is a decentralized blockchain built to enable scalable, user-friendly apps for the world.
Solana is much faster in terms of the number of transactions it can process and has significantly lower transaction fees than rival blockchains like Ethereum. Solana blockchain is powered by its native SOL token.
In this guide, we’ll show you how to delegate your SOL tokens with Luganodes and start earning ~7.14% in a few simple steps.
Validator Name: Luganodes
Validator Identity: 6WgdYhhGE53WrZ7ywJA15hBVkw7CRbQ8yDBBTwmBtAHN
Vote Key: 6aow5rTURdbhbeMDrFrbP2GR5vZjMEhktEy87iH1VGPs
Blockexplorer Link: https://solanabeach.io/validator/6aow5rTURdbhbeMDrFrbP2GR5vZjMEhktEy87iH1VGPs
Step 1 — Set up a Solana-compatible wallet with some funds available in it
Step 2 — Select Stake From Your Wallet
Step 3 — Choose the Luganodes Validator
Step 4 — Set the Delegation Amount and Confirm
Step 4 — Check your staked amount
Step 1— Go to your solana wallet
Step 2— Click on Your Stake
Step 3— Click Luganodes
Step 4— Click on Unstake
Step 5— You’ve successfully unstaked your SOL tokens
Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 36+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.
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