How to Stake SOL for 8% Rewards (August 2023 Update)

📽️ This is the 17th video of the course 'Seb Monty's Solana School - Beginner Level.'

In this video, we'll quickly cover:
How to stake your SOL & earn rewards. 💰

My name is Seb Monty, and this is part of the course designed to take you from 'Zero to Hero,' providing all the blockchain skills needed so you can excel in the Solana ecosystem and hopefully make some profitable crypto trades. 💰🧠

The following topics are explained in simple terms with the walkthrough: 👇🏻

Wallet management tips for staking SOL: 💼💰📊
How to stake SOL? 🌱💼🔒
Stages involved in staking: 🔄📈🔒
What is stake rent? 🏠💰🪙
Earning potential: 💸📈💰
How to choose who to stake your SOL with? 🤝🔍✅

📅 Important note 26 Aug 2023:
Every day for the next 6+ weeks, a new video will be uploaded to help you understand Solana & Crypto.
Keep an eye out for links to the full course so you can seamlessly transition from one video to another. Coming very soon & 100% FREE! 🔍
What is an aggregator?

Link for the full course:
https://youtube.com/playlist?list=PL-NLevh5gXjkHH0PaeVamKM4gnGMhiG2h

Who am I?
☆ https://twitter.com/SebMontgomery

Who do I Stake my SOL with?
☆ https://twitter.com/Validatorcom

What is my Profile Picture?
☆ https://twitter.com/DegenApeAcademy

⏰Timestamps⏰
00:00 - Intro
00:08 - Wallet management tips
00:17 - Staking accounts
00:31 - How to stake SOL?
01:24 - Stages involved in staking SOL - Activating & Active
01:34 - Stake rent
01:47 - Staking rewards
02:07 - Is it safe to stake SOL?
02:30 - What is an epoch?
02:48 - When is staking activated?
03:00 - Who to stake SOL with?
03:48 - Validator.com
04:04 - Next video - Staking in-depth

Links:
Validator.com: https://validator.com/
Degen DAOO DICS: https://degendaoo.academy/dics
Phantom Crypto Wallet: https://phantom.app/

For all information related to staking, visit: https://validator.com/

Binance exchange: https://www.binance.com/en/activity/referral-entry/CPA/incremental?ref=CPA_00R34Q8Y0Q
Binance Code: CPA_00R34Q8Y0Q
__________________________________

Disclaimer: I am not a financial advisor. This is an educational tutorial and guide.
Always DYOR (Do Your Own Research) and ensure you learn the pros, cons, risks, and rewards before you put your hard-earned money to work. Nothing is financial advice.

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