I'm currently staking with native staking. is it better or worse? Also I don't get if the yield I'm revicing is been compounded or not, It should be right? because it's APY not APR
When you native stake you go directly to the validator you choose. When you liquid stake they stake it for you and give you the token. They take the staking rewards and add it to the pool. Idea is that the price of the liquid token should go up on average faster than the main token like SOL. The one big factor to consider is that people could sell and lower the price but they would need to buy back no matter the price to unstake. So you don’t get more coins but the value should go up.
@@theblockchain oh ok got it. Didn't know you need to buy back the token to Unsteake SOL. So I think is better to stake it directly on Jito Network without using Phantom, the APY is also a lil higher
Learn how to earn passive income on Solana using JitoSOL at DeFiEarner.com
I'm currently staking with native staking. is it better or worse? Also I don't get if the yield I'm revicing is been compounded or not, It should be right? because it's APY not APR
When you native stake you go directly to the validator you choose. When you liquid stake they stake it for you and give you the token. They take the staking rewards and add it to the pool. Idea is that the price of the liquid token should go up on average faster than the main token like SOL. The one big factor to consider is that people could sell and lower the price but they would need to buy back no matter the price to unstake. So you don’t get more coins but the value should go up.
@@theblockchain oh ok got it. Didn't know you need to buy back the token to Unsteake SOL. So I think is better to stake it directly on Jito Network without using Phantom, the APY is also a lil higher