How to Stake Solarflare (FLARE): A Comprehensive Guide for the UK

Introduction

Staking Solarflare can be an excellent option for those who wish to hold FLARE while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.

Step-by-Step Guide

1. Obtain Solarflare (FLARE) Tokens
To stake Solarflare, you need to possess it. To obtain Solarflare, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Solarflare Wallet
Once you have FLARE, you'll need to choose a Solarflare wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards
Atomic Wallet Solarflare (FLARE) Up to 4.2% AER
3. Delegate Your FLARE
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, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Start Validating
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the Solarflare network. You will be rewarded with FLARE for these validations.

Platform	Coin	Staking rewards
Atomic Wallet	Solarflare (FLARE)	Up to 4.2% AER

What to Be Aware Of

There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.