How to Stake Looping Collective (LOOP) on Phantom

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

Current APY

10.0%

Price

$0.0039

Platform Fee

Platform Type

wallet

Start Staking LOOP on Phantom

Phantom gives you full control of your assets.

Stake LOOP on Phantom →

Step-by-Step: Stake LOOP on Phantom

Install Phantom

Download and install Phantom 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 LOOP

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

Open the staking section

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

Delegate and confirm

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

Phantom for LOOP Staking: Pros & Cons

Pros

+ Cleanest Solana staking UX on the market
+ Built-in validator picker with APY, commission, and skip-rate data
+ 5M+ users — battle-tested and well-maintained
+ Hardware-wallet support (Ledger), Face ID on mobile

Cons

- Native staking is SOL-only (other chains use third-party LSTs)
- 2–3 day unstake delay through epoch boundary
- Browser extension — phishing risk if you sign blind

FAQ: LOOP Staking on Phantom

What APY can I earn staking LOOP on Phantom?

The current estimated APY for LOOP staking is around 10.0%. Actual rates vary based on network conditions, validator performance, and Phantom's fee structure (No platform fee — validator commission (5–10%)).

Is staking LOOP on Phantom safe?

Phantom is a non-custodial protocol with a high risk profile for LOOP 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 LOOP from Phantom?

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

What fees does Phantom charge for LOOP staking?

Phantom charges No platform fee — validator commission (5–10%). These fees are typically deducted from your staking rewards automatically.

Can I stake LOOP on other platforms?

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