Hey there.

I am still learning about everything really when it comes to crypto. I started with a little bit of SOL and a wallet, moved it back and forth, tried staking a very little amount with a phantom validator too.

I am looking to put my larger amount of Solana away for the long haul. It’s not much, but it’s an honest Solana amount.

I have seen the “use marinade” angle more times than anything else, as well as have been told to use a ledger with it? (I didn’t know I could stake on Marinade through a ledger?) and that a Trezor wallet cannot handle SOL.

Is ledger trust worthy because of the data leak? I know they are not open source so what if they backdoor? Should I just make a separate wallet and stake through that?

I know at the end of the day it may be user preference, but upon learning more information and having gained different perspectives, I am hoping for some more clarity on the subject.

  • fairysquirtBEnglish
    1·
    1 year ago

    self custody. put it in YOUR WALLET you HOLD THE KEYS FOR. like PHANTOM. and STAKE it to a DELEGATE. it is like 3 clicks in the official self custody wallets.

    why complicate shit. otherwise you can hold bSOL (liquid third party asset that purportedly increases in value as if it accrued those staking rewards), but you’re trusting blaze then or yeah mSOL.

    but safest simplest is to stake your Sol on a validator to help secure the network not fund a third party investment group.

  • fairysquirtBEnglish
    1·
    1 year ago

    self custody. put it in YOUR WALLET you HOLD THE KEYS FOR. like PHANTOM. and STAKE it to a DELEGATE. it is like 3 clicks in the official self custody wallets.

    why complicate shit. otherwise you can hold bSOL (liquid third party asset that purportedly increases in value as if it accrued those staking rewards), but you’re trusting blaze then or yeah mSOL.

    but safest simplest is to stake your Sol on a validator to help secure the network not fund a third party investment group.

  • SebMontyBEnglish
    1·
    1 year ago

    Hey,
    I have videos, 18, 19, 20 on this
    https://www.youtube.com/playlist?list=PL-NLevh5gXjkHH0PaeVamKM4gnGMhiG2h

    Also have stuff on mSOL etc.

    I am the GM of validator.com and would personally suggest you stake with us, using a ledger, for most of the SOL.
    There are other things, jitoSOL and mSOL as well, and I have videos on them.

    Any questions, reach out to us at validator.com

    Nothing is financial advice, but this is the most trusted way (ledger, direct to a validator with a low commission- such as ours)