Discover and read the best of Twitter Threads about #solanaairdrop
Most recents (1)
1) A quick primer on how to stake SOL tokens (with GenesysGo)!
Obviously, we all love @solana and especially our $SOL tokens. If you're a long term investor, planning to hold your SOL until it is $1k+ and beyond, then it's important you are getting the most out of your tokens.
Obviously, we all love @solana and especially our $SOL tokens. If you're a long term investor, planning to hold your SOL until it is $1k+ and beyond, then it's important you are getting the most out of your tokens.
2) By staking your Solana tokens you are directly helping to power the network! In return, you are paid an APR in SOL that compounds into more SOL. It's important to note, staking a Layer 1 token (like Solana) is different than staking a Layer 3 like Raydium.
3) APR for staked Solana tokens is calculated based on the performance of the validator node you stake with. Validator nodes are one of the engines that power Solana by voting on and building blocks. The better a validator performs, the more APR it generates for you!
