How to Stake Solayer Staked SOL (SSOL) on Figment
Figment may not directly support SSOL staking, but you can still use Figment to buy SSOL and transfer it for staking.
Current APY
4.0%
Price
$95.44
Platform Fee
Varies
Platform Type
validator
Start Staking SSOL on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake SSOL on Figment →Step-by-Step: Stake SSOL on Figment
1
Set up a wallet
Install a wallet compatible with Solayer Staked SOL's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
2
Transfer SSOL to your wallet
Buy SSOL on an exchange and withdraw it to your wallet address.
3
Connect to Figment
Visit Figment's platform and connect your wallet. Make sure you're on the correct network.
4
Select a staking option
Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.
5
Stake and monitor
Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.
Figment for SSOL Staking: Pros & Cons
Pros
- + 40+ networks with institutional SLAs
- + Slash insurance from Lloyd's of London
- + Compliance tooling (tax reports, AML)
- + Non-custodial — clients control keys
Cons
- - Primarily for institutions — minimums are high
- - Not suitable for retail users
- - No liquid staking tokens
FAQ: SSOL Staking on Figment
What APY can I earn staking SSOL on Figment?
The current estimated APY for SSOL staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking SSOL on Figment safe?
Figment is a non-custodial protocol with a high risk profile for SSOL 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 SSOL from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your SSOL won't earn rewards.
What fees does Figment charge for SSOL staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake SSOL on other platforms?
Yes! You can compare all available platforms for SSOL staking on our How to Stake Solayer Staked SOL guide. Different platforms offer different APY rates, fees, and custody models.