Every day, the decentralized finances (DeFi) space is increasing in the Total Value Locked (TVL), and in that terms, Solana has been among the prominent leaders in the market by offering super-quick transactions at negligible fees. It definitely offers the opportunity to all the investors for holding their tokens for a long term to earn good passive income. And for these reasons, we have to select the best platform for staking tokens of Solana to get higher returns.
We also have the best cryptocurrencies to stake, which includes coins on Solana. In this article, we’ll focus on the 5 best platforms for staking Solana in an efficient manner, with more security and rewards.
Why Trust Our List?
Based on user reviews, we have chosen the best 5 platforms for Solana staking depending on multiple factors such as security, convenience, platform reputation, benefits, etc. As in the current market, there is huge mistrust over security, but we have selected all the platforms with highly reputable security features and along with their reward rate, to select the best ones. We would recommend you to select the platform depending on your unique preferences and requirements.
Best Places to Stake Solana
| Platform | APR/APY | TVL | Effective Return Rate | |
|---|---|---|---|---|
| 7.83% | $1.5 Billion | 7% | Visit | |
| 3-5% | $5.04 Billion | 7.42% | Visit | |
| 6.7% | $14.29 Billion | 7.25% | Visit | |
| 6.82% | $94.92 Million | 7 to 8.32% | Visit | |
| 7.67% | 10.4 Million SOL | 7.34% | Visit |
The post Where to Stake Solana? 5 Best Platforms for Solana Staking appeared first on CoinGape.
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