How to Stake MultiversX (EGLD) on Solflare

Solflare may not directly support EGLD staking, but you can still use Solflare to buy EGLD and transfer it for staking.

Current APY

8.9%

Price

$3.86

Platform Fee

Platform Type

wallet

Start Staking EGLD on Solflare

Solflare gives you full control of your assets.

Stake EGLD on Solflare →

Step-by-Step: Stake EGLD on Solflare

Install Solflare

Download and install Solflare from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

Fund the wallet with EGLD

Buy EGLD on an exchange (Coinbase, Kraken, Binance) and withdraw to your Solflare address. Double-check the network before sending.

Open the staking section

In Solflare, navigate to the staking or earn tab for MultiversX. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

Delegate and confirm

Enter the amount of EGLD to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

Solflare for EGLD Staking: Pros & Cons

Pros

+ Deeper staking analytics than Phantom (skip rate, MEV revenue)
+ Stake-account splitting and merging from the UI
+ Strong Ledger integration
+ Native LST support (mSOL, jitoSOL, bSOL, etc.)

Cons

- UX a bit more technical than Phantom
- Solana-only
- Smaller user base than Phantom (~1M vs 5M+)

FAQ: EGLD Staking on Solflare

What APY can I earn staking EGLD on Solflare?

The current estimated APY for EGLD staking is around 8.9%. Actual rates vary based on network conditions, validator performance, and Solflare's fee structure (No platform fee — validator commission only).

Is staking EGLD on Solflare safe?

Solflare is a non-custodial protocol with a medium risk profile for EGLD staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.

How long does it take to unstake EGLD from Solflare?

Unstaking times depend on the network: Until end of next epoch (~2–3 days). During the unstaking period, your EGLD won't earn rewards.

What fees does Solflare charge for EGLD staking?

Solflare charges No platform fee — validator commission only. These fees are typically deducted from your staking rewards automatically.

Can I stake EGLD on other platforms?

Yes! You can compare all available platforms for EGLD staking on our How to Stake MultiversX guide. Different platforms offer different APY rates, fees, and custody models.