- MoonPay has launched global staking for Solana (SOL), available in over 100 countries including the United States.
- The platform offers users an annual yield of 8.49% (APY) on Solana staking, accessible through the MoonPay app.
- The staking feature is designed to make earning Passive income on Solana easier, removing technical barriers for users.
- Users can start staking SOL by buying or transferring tokens directly through the MoonPay platform, with rewards beginning immediately after activation.
- MoonPay manages validator selection automatically, letting participants stake and unstake easily and track rewards through a built-in dashboard.
MoonPay has released a new staking service for Solana (SOL), now available in more than 100 countries worldwide, including the United States. The service allows users to earn an 8.49% annual percentage yield (APY) on their Solana holdings through the MoonPay app.
According to the company, the new staking feature is live and targets users looking for easy access to passive income from Solana without the need for technical expertise or complex setup. Users can buy or transfer existing SOL tokens on the platform and begin the staking process immediately. MoonPay stated that staking and unstaking operations can be completed in as little as 20 seconds.
The company manages validator selection for users, handling the technical aspects of staking in the background. This is designed to address security measures while retaining competitive yields for those interested in earning passive crypto income. “STAKE YOUR SOLANA. GROW YOUR POT. EARN UP TO 8.49% APY. AVAILABLE IN THE USA + WORLDWIDE. LIVE NOW IN THE APP,” MoonPay announced via Twitter.
The simplified staking process starts with account verification for new users, while existing MoonPay customers can use the feature from their dashboard without additional steps. Rewards begin to accrue immediately after staking is activated, and users can track their earnings through regularly updated analytics on the platform.
As highlighted in the MoonPay Solana staking guide, the new service aims to make staking accessible to a wider audience by removing geographic and technical restrictions. Additional details about MoonPay’s comprehensive platform or staking process can be found in the official support documentation.
To mark the launch, MoonPay is also holding a giveaway for users who participate in staking by naming their staking pot, with selected participants receiving SOL prizes. More information is available on their official Twitter announcement.
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