Questions tagged [msol staking]

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OpalSolitude OpalSolitude Tue Jun 25 2024 | 6 answers 1516

How does mSOL staking work?

Could you elaborate on how the mSOL staking mechanism operates? I'm curious to understand the process from start to finish. Does it involve locking up a certain amount of SOL tokens? What are the incentives or rewards for staking mSOL? Are there any risks or limitations that I should be aware of? Additionally, how does the staking process impact the overall Solana network and its tokenomics? Lastly, how do I get started with mSOL staking, and what are the steps I need to follow? I'd appreciate a detailed explanation to help me grasp the concept fully.

How does mSOL staking work?

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