How to use Solana (SOL) for stakeing in Exodus for Chrome

The Exodus cryptocurler application is available for Mac OS, Windows, Linux and iOS. And now also in the form of extension for Chrome! Exodus Browser Extension Beta is an expansion of a browser that allows you to explore the multivate Web3, Defi, NFT and much more.

Now Exodus for Chrome supports SOLANA and Ethereum networks. However, the extension has not yet been added in the Chrome online store, so you can only install it manually. You will need to enable the developer mode in the browser to add an extension.

Click ” Install »In Chrome or Brave to start installing expansion. Go to read the official EXODUS instructions for installing the application if necessary.

Before placing SOL, you need to create or import a crypto -core in exodus.

Create or import a wallet

1. Launch the exodus extension and select the most convenient way for you:

• Create a new wallet;
• Import the existing crypto -coating.

If you have not used the SOL wallet earlier, select ” Create New Wallet “And act in accordance with the requests from the application. In this leadership, we will restore the wallet that was used earlier. Select ” I have a Wallet “”.

Enter the recovery phrase of 12 words that you recorded when creating a wallet, and click ” Restore “”.

If you have lost a mnemonic phrase, create a new wallet from scratch and write down a secret phrase. Do not share your SEED-frase with anyone! This is your only way to restore access to your funds if you lose your password.

1. Come up with a reliable password (make it difficult) and be sure to save in a safe place. Enter the password again and accept Terms of Services. Ready! We finished setting up the wallet.
2. Launch Exodus in the browser Brave or Chrome, clicking on the extension icon. Enter the password that you installed when creating a wallet to start using the application.

The main purse panel displays existing balances and various applications. Exodus is famous for the variety of applications offered to users in a compact interface. Study the capabilities of the wallet: you can buy cryptocurrency, store your NFT in the gallery, look for new items in NFT markets, trade on Margo Markets and T. D. Learn more about Exodus features .

1. If the panel of your wallet looks empty, click ” Manage Assets “To add coins of interest to you to your portfolio. Start entering the ticker to see it in the list, then add the asset.

Replenishment of the wallet

1. Click ” SEND »On the main screen and expect the credit of the sent tokens to the balance.
2. Enter SOL to get a QR code for sending, or copy the address. Then share one of them with the sender or send yourself tokens from the exchange.
3. Wait a bit until the network confirms the transaction.

Now you can go to SOL stake.

SOL SOL SOL in Exodus

With the delegation of SOL tokens, you can earn extra ~ 6% per year or even more, supporting the network work. SOLANA, like other POS blockchains, relies on its validators and delegators in order to function and continue to earn a reward for its users, therefore, staying is an important part of the well -being of the ecosystem.

1. Select the SOLANA asset on the main screen and click ” Earn Stucking REVARDS “”. APY that you will see is a dynamic value. Aprin change depends on the total number of tokens located on the network.

Click ” Earn Solana How to choose a “”.

Your funds will be automatically placed on Everstake, an exodus partner. Everstake is the largest and most reliable validator on the network.

The validator commission in SOLANA is set by the validator individually and varies from 0% to 100%. Everstake charges a commission for placing bets of 7%, which is a fairly average indicator .

1. Indicate the number of SOL tokens that you want to delegate, then click ” Stake Sol “”.

Please note that before Stayking you must save at least 0.05 SOL to pay for the commission for the transaction. If you set the maximum possible amount, you cannot continue to and -wing and withdraw coins.

1. As soon as the transaction is confirmed by the network, it will be completed! The remuneration for the steaking will be accrued immediately as soon as the Stayiking account becomes active.
2. To track your bet, click on the SOL asset on the main application screen.

How to track remuneration and cancel staining

1. Track the remuneration for staring with your address for stayking, as indicated in our detailed guidance.
2. To cancel the rate, click on active delegation (see. previous step).
3. Cancel the delegation of SOL at any time by pressing the button ” Unstake Sol “”.
4. As soon as the tokens are unlocked, wait until the rate is deactivated.
5. Click ” Withdraw Sol “When delegation becomes inactive. Now you can freely use tokens. Betting awards will no longer be generated from the moment they can be canceled.
6. Train transactions on the main page of your asset.

When pressing each transaction, its details are displayed. For example, if we choose Staked TRX, then the addresses and ID TRX will be displayed.

Go to the Solscan conductor.Io or copy the address and check it in any other SOLANA conductor. Remember: you can track each operation in the blockchain. Read more in FAQ .

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We previously published this material On the Everstake blog.