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
- Ensure You Have a Ledger Device: You’ll need a Ledger hardware wallet (e.g., Ledger Nano S, Nano X, Flex, or Stax).
- 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.
- Install the Solana App on Ledger:
Step 2: Set Up a Solana Account
- 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.
- Fund Your Account with SOL:
Step 4: Select the MainOrbit +MEV Validator
- 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.
- Review Details:
- 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.
- Confirm the Transaction:
- Activation Period: After delegation, your stake activates at the start of the next epoch (about 2 days). Monitor progress on explorer.solana.com.
- Check Status:
- Staking Rewards: Once active, you’ll receive SOL rewards every epoch (about every 2 days). These are automatically added to your stake account.
- 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.
- 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)
- Deactivate Stake:
- In the “Earn” section, find your active stake with MainOrbit +MEV.
- Click “Deactivate” and confirm the transaction on your Ledger.
- Cooldown Period: SOL becomes available after the current epoch ends (about 2 days).
- Withdraw Funds: When the status changes to “Inactive,” click “Withdraw” to move SOL back to your main balance.
- 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.