How to Stake with xLabs

How to Stake with xLabs

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Available on Phantom, Solflare and Backpack!

Introduction

Staking is a cornerstone of the Solana ecosystem, enabling participants to help secure the network while earning rewards. By delegating your SOL tokens to a trusted validator, you contribute to the network’s decentralization and robustness. At xLabs, we are proud to play a pivotal role in decentralizing Solana’s validator network by being the first Argentina-based validator and only on of three in South America, a region brimming with untapped potential for blockchain innovation.

Staking with xLabs is easy and below we will provide a few videos on how to stake through your wallet provider.

Wallet Tutorials👇

Staking SOL on Phantom Wallet

Phantom Wallet offers a seamless staking experience on its mobile app. Here’s how you can stake SOL:

Step 1: Access Staking Options

  • Open the app and tap on your SOL balance.
  • Select the “Start Earning SOL” option.

Step 2: Choose a xLabs Validator

  • Type in xLabs to see the Validator and confirm it

Step 3: Stake Your SOL

  • Enter the amount of SOL you want to stake.
  • Confirm the transaction. You will see your staking status on the dashboard.
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Staking SOL on Solflare

Solflare is another excellent option for staking SOL directly from your mobile device.

Step 1: Navigate to Staking

  • Tap the “Staking” tab on the app's home screen.

Step 2: Delegate to the xLabs Validator

  • Tap “Stake SOL” to access the list of validators.
  • Type in xLabs to see the Validator and confirm it

Step 3: Stake your SOL

  • Enter the amount of SOL you wish to stake and confirm the transaction.
  • Solflare provides a clear view of your staking status and accrued rewards on its dashboard.
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Staking SOL on Backpack

Backpack is a versatile wallet for managing Solana assets, and you can stake SOL through supported staking dApps.

Step 1: Navigate to staking

  • Tap the “Staking” tab on the app's home screen.

Step 2: Choose the xLabs Validator

  • Type in xLabs in the search bar
  • Select xLabs from the list and confirm it

Step 3: Stake your Sol

  • Enter the amount of SOL you wish to stake and confirm the transaction.
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Best Practices for Mobile Staking

  • Secure Your Wallet: Always use strong passwords and enable biometric authentication where possible.