4 Things You Need to Know About Staking Solana

Staking Solana (SOL) is a great way to generate passive income. We answer four popular questions about staking Solana (SOL).

 

 

Staking is a great way to earn passive income with crypto. However, you can only do this with coins that live on PoS chains. Solana’s SOL is such a coin. Staking also helps to secure a network.

In this article, we answer four popular questions about staking Solana. So, let’s have a look.

 

 

Epoch 43 of our TdS testnet was the first epoch that generated staking rewards via inflation

Once this has been running without problems for a period of time, staking rewards will eventually be enabled on the mainnet beta

You can view both networks at https://t.co/jlE132SAmV

— Solana (@solana) May 19, 2020

 

Why Stake Solana?

Staking Solana helps to secure the network. On top of that, you also earn staking rewards. If you take this a step further, you can also take part in liquid staking. To clarify, now you can earn rewards twice. 

Solana has many validators who bonded their SOL. You can delegate your SOL to such a validator. The current staking ration is 76.39%, as Staking Rewards mentions. The SOL token is inflationary, 8% each year. This decreases by 15% YOY (year on year), until they reach a 1.5% yearly inflation. The current staking rewards is 6.03% APY for validators. See the picture below.

All the inflationary issuance goes to the validators. The more native SOL tokens stakers delegate to a validator, the more voting weight such a validator has. But, be aware that Solana has two different accounts. One is a “normal” account for sending and receiving assets. For staking, you need to create a staking account. Minimal stake is 0.01 SOL. It’s also important that stakers delegate SOL to as many validators as possible. This makes it difficult for one validator to coordinate or fund an attack.

To stake Solana, you need to use a wallet. This is what we’ll discuss next.

 

Source: Solana Beach

 

Best Wallets to Stake Solana?

There are quite a handful of wallets that offer staking for Solana. We will show you the five wallets that we consider to be the best. 

1. Phantom Wallet

This is a Google Chrome toolbar extension and an app. It’s an easy-to-use app that offers a wide range of functions. Phantom Wallet is so easy to use, that it’s easy to stake 100% of your SOL. Which is also the most common mistake users of this wallet make. If you now want to unstake your SOL, you will need to first add more SOL.

Another thing to watch out for is that the wallet lists the biggest validators first. This hinders the network’s decentralization. Phantom also doesn’t show the commission validators charge. However, it’s a safe and popular browser extension. It also works great with your Ledger Nano X. More on this shortly.

2. Solflare Wallet

This is the first Solana wallet ever. Solflare is also web-based and comes with a browser extension. You can also install it on your mobile as an app. This wallet offers great security in combination with a Ledger wallet.

3. Ledger Nano X Hardware Wallet

This is one of the safest crypto wallets currently on the market. It works with Ledger Live on your computer, which makes it easy-to-use. However, when staking SOL on Ledger, we advise to stake through another wallet. For example, the Phantom or Solflare wallets. Ledger only offers one validator, Figment. With other wallets, you have more validator options to delegate your SOL.

4. Math Wallet

A multi-chain wallet which supports over 140 blockchains. You can install Math Wallet as an app, on your desktop, and as an extension. With the Google Chrome extension, it also connects to Ledger.

5. Trust Wallet

Trust Wallet is a popular option with 25+ million users. It’s available as an Android or iOS app. As a desktop version, it only runs on a Mac M1. Currently, there is no Windows PC version available.

Is It Safe to Stake Solana?

Staking SOL is safe. The validator that you delegate your coins to has no control over your coins. In other words, you have the private keys to your coins. All the wallets you can use for staking Solana are non-custodial wallets. Another proof that you oversee your coins. So, a validator cannot steal your coins.

One thing that is common in PoS chains when staking is slashing. With slashing, you can lose your reward, or in the worst case, your staked coins. However, with Solana, slashing isn’t automated. They will look at a malicious actor. If the validator tries to violate safety rules, they slash 100%. On the other hand, during routine operations, it’s 0%.

When you want to stake SOL, chose your validator wisely and carefully. The biggest validator isn’t necessarily the best option. Look also at their staking record and how much commission they take.

 

 

"A discussion on the Solana forums around the possibility of slashing penalties that amount to 100% of the staked tokens."https://t.co/S3KSwHDVHB

— Solana (@solana) November 12, 2019

 

How Do You Stake Solana in Trust Wallet?

Staking Solana on your Trust Wallet is easy and straightforward. For starters, you will need SOL in your wallet. You can buy SOL in your Trust Wallet. Now you can go to the staking page and hit the Solana button. See the picture below.

 

 

 You will now see the Solana staking option. So, select “Stake” and it’s time to pick a validator. Trust Wallet recommends the default option. However, if you have done your homework, pick the one that you prefer. See the picture below.

 

 Enter the amount of SOL you like to stake and hit “Stake.” Now you only need to confirm this.

 

 

That’s it, you staked your SOL on your Trust Wallet. Just keep in mind that the stake starts at the end of an epoch. To clarify, this is a two-day period. It’s the same for when you like to unstake your SOL. You have to wait until the end of the current epoch.

Conclusion

Now you know a lot more about staking Solana (SOL). We answered four common questions for you.

Before you go, the current price of Solana (SOL) is $34.79. That’s 8% up over the last 24 hours and 10% up over the last 30 days. Still, if we look back one year, SOL is 74.4% down. The market cap is $12.2 billion. The total supply is 508 million SOL, out of which 354 million circulate.

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Your guide to perfect oral s.. ＃nsfw

 

Your guide to perfect oral sex

 

Oral sex is hugely pleasurable for both partners - so make sure you're doing it right! Find out how to give and receive great oral sex with our guide.


Both men and women rank oral sex highly when it comes to what they enjoy most in the bedroom - and no wonder! Not only is oral sex great foreplay, but when done right it's also one of the most intimate and mindblowing sexual acts you and your partner can enjoy.

If you feel a bit squeamish about the whole thing (whether it's giving, or receiving), don't be. Oral sex is a natural part of a healthy sex life and we've got lots of advice to help you make the most of it.

If you're looking for a few pointers, need some help persuading your fella to be a bit more attentive or just want to check you're doing everything correctly, read on for our guide to oral sex.

Oral sex for men: How to give the perfect blow job

 

Some women find giving a blow job a little nerve-wracking and uncomfortable, but the basics are pretty simple. Read our special guide for how to give the perfect blow job - and learn a few new techniques!



 

 

Oral sex for women

 

If you want to get the most amazing oral sex and your man just isn't up to scratch, then it's time that you took the initiative and gave him a helping hand. Here are our top tips to getting the kind of treatment you deserve.

Tell him to slow down

Oral sex is great foreplay so get him to slow down and make the most of it! The mistake many men make is diving straight down to your genital area. If you tell him to build up slowly and kiss and lick other parts of your body first, then it will build anticipation and excitement. Point him in the direction of other parts of your body you enjoy being touched, such as your nipples, inner thighs, back, neck... whatever floats your boat.

Change your position

He doesn't have to be kneeling between your legs to get the best results. One famous method of cunnilingus is called the Kivin method and involves the man kneeling at right angles to your body and with his head lying on your thigh.

Alternatively, why not get your man to lie down on the bed and you climb on top of him facing a wall, so you have something to hold onto/lean on. This means you can control the pressure, pull away if it's too much or get closer if you want it harder.

Lick his hand

Most men don't know the best way to use their tongue on you, so why not show him? Get hold of his hand and use your own tongue on his palm.

He'll probably be surprised to see you use the flat of your tongue rather than the tip, which most men use and also how slowly you move it.

Direct him

If he's in a position to be able to hear you, then make sure you tell your man what you want. Use clear, simple instructions like, 'slower', 'harder', 'faster'.

Remember, though, he's likely to not be able to hear you very well, so the way your body moves is even more important. Grind into him if you want to feel him harder or move away if it's happening too quickly or is too rough.

Flick him the V

If he's not really licking you in the right place, make a V sign with your fingers and show him where he should be putting his tongue. Position your fingers and get him to lick between them.

How to give a blow j... ＃nsfw

 

Blow job guide: How to give a blow job

 

Some people find giving a blow job a little nerve-wracking and uncomfortable, but the basics of oral sex are pretty simple. Simply put his penis in your mouth and suck or lick.

Obviously, though, there are little tips and tricks you can do to make his experience totally mindblowing and make him think you're a bedroom goddess - and let's face it, that's not a bad way to be viewed by your man, is it?

 

Get wet

The wetter it is, the more he'll enjoy it. Try to build up loads of saliva in your mouth before you go down on him - the more lubricated he is, the better the experience.

You might want to keep a drink to hand, if you're worried you'll get a dry mouth.

Get in position

In the same way that his position can change the experience when he's going down on you, the same is true for you doing it to him.

Obviously you can let him lie down on the bed and kneel over him, but there are other positions that can work better.

The key to giving him great oral sex is to have both hands available, so why not sit on a chair or the edge of the bed and get him to stand in front of you. This also allows you to control how deep he thrusts.

Alternatively, you can try the classic submissive pose and kneel in front of him. Some people find this a little demeaning, but it does again allow you to use both hands and make the whole thing more enjoyable for him. Try some of these sex positions if you're looking for more tips.

Don't worry about the length

No matter what he may tell you, a man is most sensitive at the end of his penis and not all the way at the bottom of the shaft, so concentrate on the top 1 inch of him.

Slowly run your tongue in a circular motion around the tip of his penis and then close your lips around him and slide down - keeping your teeth well out of the way!

Now suck lightly and occasionally flick your tongue over the tip again, while moving up and down.

If you then wrap your hand lightly round his penis and move that up and down in time with your mouth, giving a slight twist, it feels great for him.

Use your hands

Hold his penis in position with your hands, rather than your mouth. Then while you're using your mouth, gently stroke his balls which should intensify what he's feeling 10-fold. And believe us, if he's enjoying it you'll know about it.

And don't just stick to touching his balls, try running the fingers of your free hand lightly over any of his erogenous zones and it will make his experience better.

Keep in rhythm

The closer he gets to orgasm, the faster you can move but make sure you don't speed up too soon and keep to a good rhythm.

Don't go so fast that you want to stop before he's finished. The trick is to speed up your hand movement rather than your mouth, because it won't hurt your neck as much, and just suck a little harder.

Blow job problems: I hate giving blow jobs!

Don't like giving blow jobs? All is not lost! We give you solutions to the most common blow job problems:

Reason: He smells

If this is a reason for not doing it, why not suggest taking a shower together first and then wash him before you get down to it.

Reason: I gag

This is all about control - and you need to have it. By using either of the positions we suggested earlier you should be able to stop him thrusting so hard.

If he tries to hold the back of your head and push you, stop immediately and tell him not to do it. That should knock that one on the head, as it were.

Reason: I don't want to swallow

Well don't! If it really does turn you off, just make sure you take your mouth away just before he has an orgasm (and it should be easy to tell when that's going to happen) and finish him off with your hand.

You could try swallowing once to see what it's like. Allow it all to collect at the back of your throat and then swallow in one go - it's only about a teaspoon's worth. It might not taste as bad as you thought.