### How to stake Solana? And get 6.67% APY <!-- .element: class="fragment" --> ||| ### What is [Solana](http://solana.com)? Dubbed the Ethereum killer <!-- .element: class="fragment" --> --- `STEP 1` ### Buy SOL token On any crypto exchange <!-- .element: class="fragment" --> ||| ### Demo Buy on Crypto.com --- `STEP 2` ### Transfer to wallet Solflare is one of the Solana wallet <!-- .element: class="fragment fade-in-then-out" --> Your address on Solana blockchain is different from eg. Ethereum <!-- .element: class="fragment fade-in" --> ||| ### Demo Setup Solflare using mnemonic or Ledger <!-- .element: class="fragment fade-in-then-semi-out" --> Transfer from Crypto.com -> Solflare <!-- .element: class="fragment fade-in" --> ||| ### Mnemonic vs Ledger - Both has mnemonic = 24 words secret phrase <!-- .element: class="fragment fade-in-then-semi-out" --> - Mnemonic is the master key <!-- .element: class="fragment fade-in-then-semi-out" --> - Password unlocks the data on your computer <!-- .element: class="fragment fade-in-then-semi-out" --> - Ledger is a simple computer that is hard to hack <!-- .element: class="fragment fade-in-then-semi-out" --> --- `STEP 3` ### Stake/Delegate Solflare provides staking conveniently ||| #### There are 2 types 1. Native staking <!-- .element: class="fragment" --> 2. Liquid staking via Marinade (NEW!) <!-- .element: class="fragment" --> ||| ### Choosing a validator 1. Commission 👀 [solanabeach.io](https://solanabeach.io) 2. APY performance 👀 [stakeview.app](https://stakeview.app) ||| ### Demo Stake on Solflare