How to Stake ShMonad (SHMON) on Solflare

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

Current APY

15.9%

Price

$0.0556

Platform Fee

Platform Type

wallet

Start Staking SHMON on Solflare

Solflare gives you full control of your assets.

Stake SHMON on Solflare →

Step-by-Step: Stake SHMON 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 SHMON

Buy SHMON 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 ShMonad. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

Delegate and confirm

Enter the amount of SHMON 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 SHMON 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: SHMON Staking on Solflare

What APY can I earn staking SHMON on Solflare?

The current estimated APY for SHMON staking is around 15.9%. Actual rates vary based on network conditions, validator performance, and Solflare's fee structure (No platform fee — validator commission only).

Is staking SHMON on Solflare safe?

Solflare is a non-custodial protocol with a high risk profile for SHMON 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 SHMON from Solflare?

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

What fees does Solflare charge for SHMON staking?

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

Can I stake SHMON on other platforms?

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