March 27

Step-by-Step Guide: How to Stake SOL on MainOrbit +MEV in Ledger Live  

Step 1: Prepare Your Ledger and Install Ledger Live

  1. Ensure You Have a Ledger Device: You’ll need a Ledger hardware wallet (e.g., Ledger Nano S, Nano X, Flex, or Stax).
  2. Install Ledger Live:
    • Download Ledger Live from ledger.com on your computer or mobile device.
    • Install the app and update your Ledger device’s firmware to the latest version via Ledger Live.
  3. Install the Solana App on Ledger:
    • Open Ledger Live and go to the “Manager” or “My Ledger” section.
    • Connect and unlock your Ledger with your PIN.
    • Find the “Solana” app in the list and install it on your device.

Step 2: Set Up a Solana Account

  1. Add a Solana Account:
    • In Ledger Live, go to the “Accounts” tab.
    • Click “+ Add account,” select “Solana (SOL),” and follow the prompts.
    • Confirm account creation on your Ledger device by pressing the buttons as instructed.
  2. Fund Your Account with SOL:
    • Select your Solana account in the “Accounts” section.
    • Click “Receive,” copy the Solana address, and transfer SOL from an exchange (e.g., Binance) or another wallet.
    • Keep a small buffer (about 0.01–0.02 SOL) for transaction fees.

Step 3: Access Staking

  1. Go to the Staking Section:
    • In Ledger Live, select your Solana account from the “Accounts” tab.
    • Scroll down to the “Earn rewards” button or navigate to the “Earn” tab in the main menu.
    • Click “Stake” or “Start staking SOL.”

Step 4: Select the MainOrbit +MEV Validator

  1. Find the Validator:
    • In the staking window, a list of validators will appear. Use the search bar or click “Show all.”
    • Type “MainOrbit +MEV” into the search field to locate it.
    • If it doesn’t show up, verify its status on explorer.solana.com or the validator’s website to ensure it’s active.
  2. Review Details:
    • Check the validator’s commission (the percentage of rewards they take) and APY (annual yield).
    • MainOrbit +MEV supports MEV, which may increase your rewards with additional profits.

Step 5: Delegate Your SOL

  1. Specify Amount:
    • Select MainOrbit +MEV and enter the amount of SOL you want to stake. Leave a small balance (e.g., 0.01 SOL) for fees.
  2. Confirm the Transaction:
    • Click “Continue.”
    • Ledger Live will create a stake account (costing about 0.002 SOL).
    • Review the transaction details on your Ledger device and confirm by pressing both buttons.

Step 6: Wait for Activation

  1. Activation Period: After delegation, your stake activates at the start of the next epoch (about 2 days). Monitor progress on explorer.solana.com.
  2. Check Status:
    • In the “Earn” section or your Solana account details in Ledger Live, you’ll see “Activating.”
    • After the epoch ends, it will change to “Active.”

Step 7: Earn Rewards

  1. Staking Rewards: Once active, you’ll receive SOL rewards every epoch (about every 2 days). These are automatically added to your stake account.
  2. MEV Rewards: MainOrbit +MEV may offer extra MEV profits (e.g., via Jito). Check the validator’s site or jito.network to see if manual claiming is needed.
  3. Monitor Earnings: In the “Earn” section of Ledger Live, track your accrued rewards. If a “Claim Rewards” option appears, use it to transfer rewards to your main balance.

Step 8: Unstake SOL (Optional)

  1. Deactivate Stake:
    • In the “Earn” section, find your active stake with MainOrbit +MEV.
    • Click “Deactivate” and confirm the transaction on your Ledger.
  2. Cooldown Period: SOL becomes available after the current epoch ends (about 2 days).
  3. Withdraw Funds: When the status changes to “Inactive,” click “Withdraw” to move SOL back to your main balance.

Helpful Tips

  • Security: Never share your Ledger seed phrase or PIN with anyone.
  • Validator Check: Ensure MainOrbit +MEV is active and reputable by researching on Solana forums or communities.
  • Yield: APY typically ranges from 5–8%, plus potential MEV bonuses, depending on network conditions and validator performance.