Solana (SOL) Staking is Now Available!
Lantern Finance now supports Solana staking
By Lantern Finance
30 Jul 2024
Lantern is thrilled to announce the addition of Solana (SOL) staking to our platform!
Following numerous requests from our community, we are excited to offer you the opportunity to stake your SOL directly through Lantern Finance. This addition is part of our ongoing commitment to expand our services and provide you with more ways to grow your crypto securely.
What does staking SOL mean for you?
Staking your SOL with Lantern means that you are participating in the operation and security of the Solana blockchain. By doing so, you not only help in securing the network but also earn rewards in the form of SOL. This process is similar to earning interest in a traditional bank account, but potentially more rewarding.
Why Choose Lantern for Staking SOL?
Security and Trust: As always, the security of your assets is our utmost priority. We utilize top-tier security measures to ensure the safety of your crypto.
Competitive Fees: Earn staking rewards at competitive rates. We charge a fee of 15% on the rewards, which is reinvested into maintaining and enhancing our staking services.
Support: Our dedicated team is here to assist you throughout the process, ensuring a seamless staking experience.
Getting Started with SOL Staking
To begin staking SOL, please contact us directly so that our team can guide you through the setup process. While our dashboard integration for Solana staking is in the pipeline, our personalized service will make sure you're well taken care of in the meantime. Please note SOL staking is only available under Lantern’s custodial staking offering and hence is limited to the current US states we operate in. Non-custodial SOL staking is not available at this time.
Need a Loan?
You can also borrow fiat or stablecoins against your SOL holdings. Please reply directly or email support@lantern.finance if you are interested in doing so.
Have Questions?
If you have any questions about Solana staking or need assistance with other services, please reach out to our support team at support@lantern.finance. We would be happy to answer any questions for you.