March 27
Step-by-Step Guide: How to Stake SOL on MainOrbit +MEV with Phantom Wallet Â
Step 1: Install and Set Up Phantom Wallet
- Download Phantom: Visit phantom.app and install the browser extension for your preferred browser (Chrome, Firefox, Edge, etc.).
- Create or Import a Wallet:
- New user: Click “Create New Wallet,” follow the prompts, and securely store your seed phrase (e.g., write it down and keep it safe).
- Existing user: Select “Import Wallet” and enter your seed phrase to restore it.
- Fund Your Wallet with SOL:
Step 2: Access the Staking Section
- Open Phantom: Click the extension icon in your browser and enter your password if prompted.
- Select SOL: On the main screen, click your SOL balance.
- Start Staking: In the pop-up window, click “Start Staking” or “Stake SOL” (wording may vary slightly by version).
Step 3: Choose the MainOrbit +MEV Validator
- View the Validator List: After clicking “Stake SOL,” Phantom will display a list of Solana validators.
- Find MainOrbit +MEV:
- Use the search bar at the top (look for a magnifying glass icon) and type “MainOrbit +MEV.”
- If it doesn’t appear, verify its status on Solana Explorer (explorer.solana.com) or StakeView to ensure it’s active.
- Check Details:
- Enter Amount: After selecting MainOrbit +MEV, input the amount of SOL you want to stake. Leave a small balance (e.g., 0.01 SOL) for fees.
- Confirm Delegation: Click “Stake” or “Delegate.”
- Sign the Transaction: Phantom will create a stake account (costing about 0.002 SOL). Click “Approve” or “Sign” to confirm.
Step 5: Wait for Stake Activation
- Activation Period: Your stake activates at the start of the next epoch (about 2 days). Track epoch progress on explorer.solana.com.
- Check Status: Return to the staking section in Phantom (click SOL and scroll down). You’ll see “Activating” until it changes to “Active” after the epoch ends.
- Staking Rewards: Once active, you’ll earn SOL rewards every epoch (roughly every 2 days). These are automatically added to your stake account.
- MEV Rewards: MainOrbit +MEV may distribute extra MEV profits (e.g., via Jito). Check the validator’s site or jito.network to see if manual claiming is required.
- Monitor Earnings: In Phantom’s staking section (under SOL), view your accrued rewards. If a “Claim Rewards” button appears, use it to transfer rewards to your main balance (optional, as rewards typically compound automatically).
Step 7: Unstake SOL (Optional)
- Deactivate Stake:
- In Phantom’s staking section, locate your active stake with MainOrbit +MEV.
- Click “Unstake” or “Deactivate” next to it.
- Cooldown Period: After deactivation, SOL becomes available after the current epoch ends (about 2 days).
- Withdraw Funds: Once the status changes to “Inactive,” click “Withdraw” or “Close Stake Account” to move SOL back to your main balance.