How to Stake Moneybyte (MON) on Solflare

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

Current APY

12.0%

Price

$0.0702

Platform Fee

No

Platform Type

wallet

Start Staking MON on Solflare

Solflare gives you full control of your assets.

Stake MON on Solflare

Step-by-Step: Stake MON on Solflare

1

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.

2

Fund the wallet with MON

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

3

Open the staking section

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

4

Delegate and confirm

Enter the amount of MON 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 MON 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: MON Staking on Solflare

What APY can I earn staking MON on Solflare?
The current estimated APY for MON staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Solflare's fee structure (No platform fee — validator commission only).
Is staking MON on Solflare safe?
Solflare is a non-custodial protocol with a high risk profile for MON 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 MON from Solflare?
Unstaking times depend on the network: Until end of next epoch (~2–3 days). During the unstaking period, your MON won't earn rewards.
What fees does Solflare charge for MON staking?
Solflare charges No platform fee — validator commission only. These fees are typically deducted from your staking rewards automatically.
Can I stake MON on other platforms?
Yes! You can compare all available platforms for MON staking on our How to Stake Moneybyte guide. Different platforms offer different APY rates, fees, and custody models.