Latest Movements
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- 24-hour volume
- USDĀ 2,104.38
Earn up to
4.2% p.a.
A comprehensive guide on how to stake Solarflare (FLARE)
We have a wealth of data on staking Solarflare (FLARE) and we're pleased to share some of this with you.
We present some staking options with other coins that may be of interest.
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Staking Solarflare can be a great option for those who want to hold FLARE while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.
To stake Solarflare, you need to own it. To obtain Solarflare, you'll need to buy it. You can choose from these popular exchanges.
Once you have FLARE, you'll need to choose a Solarflare wallet to store your tokens. Here are some great options.
| Platform | Coin | Staking returns |
|---|---|---|
| Atomic Wallet | Solarflare (FLARE) | Up to 4.2% % p.a. |
We recommend using a staking pool when staking FLARE. It's simpler and quicker to get started. A staking pool is a group of validators who combine their FLARE, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Solarflare network. You'll be rewarded with FLARE for these validations.
There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.