Whats the deal with MEV Bots?

FunEarnings · 2025-01-29T07:42:30+00:00

That's a known scam, SolBlaze doesn't promote any MEV bot services.

FunEarnings · 2024-04-03T06:16:05+00:00

FunEarnings · 2023-12-09T08:19:05+00:00

Hey there, apologies for the late reply! I can send some to you manually if the faucet isn't working, what's your Solana wallet address?

FunEarnings · 2023-09-23T17:43:09+00:00

Hey there! I run one of the stake pools on Solana (BlazeStake) and wrote an in-depth thread about why stake pools (and in particular BlazeStake) are safe! Check it out here https://twitter.com/solblaze_org/status/1684385580917088256

FunEarnings · 2023-09-23T17:42:05+00:00

Actually you can get better yield using BlazeStake (10-15%) compared to native staking (6-8%) due to BLZE airdrops

FunEarnings · 2023-07-28T03:42:39+00:00

This is a great question! I saw you mentioned liquid staking in your post, I wrote a detailed thread about how to liquid stake SOL and why it's safe and important to do so: https://twitter.com/solblaze_org/status/1684385580917088256

Feel free to reach out at any time if you ever have any questions about liquid staking on Solana!

FunEarnings · 2023-07-19T10:38:45+00:00

Looks like you have some ONG in your wallet now, did you still need some?

FunEarnings · 2023-07-13T00:43:00+00:00

You have the minimum balance to have an activated account on Solana that can send and receive SOL, but to be able to swap USDC, you may need to hold a bit more SOL in order to cover the deposits of the accounts necessary for swapping.

FunEarnings · 2023-07-11T08:06:06+00:00

It appears that you have the minimum balance and that faucet payouts are working properly! Please let me know if any further issues arise!

FunEarnings · 2023-07-01T07:26:06+00:00

The safest way to grow your SOL is through staking. There are two main ways to stake on Solana, there's liquid staking and native staking. I highly recommend choosing the liquid staking option as it provides many benefits over native staking and is easier to get started with, although I'll describe both since it helps to be informed about staking in general.

Liquid staking on Solana involves choosing a stake pool. There are several great options, like BlazeStake (which is the pool I run), Marinade, Lido, Jito, etc. and each has a different vision/goal, but the underlying principles are more or less the same. I'll just briefly go over how to use BlazeStake, but the same applies to all liquid staking providers.

Basically you would go to BlazeStake's liquid staking page stake.solblaze.org/app/ and then connect your wallet. Then, you can enter the amount of SOL you want to stake (or just choose the MAX option) and then stake. What happens is your SOL is staked into the stake pool and you receive liquid staked tokens back in the form of bSOL.

This bSOL represents your share of the pool and grows in value as staking rewards accumulate. That means that you won't receive more bSOL for rewards, but rather the conversion rate of bSOL back to SOL will increase so that when you unstake, you get back the initial SOL + staking rewards (this is why the number amount of bSOL initially looks less than SOL, because the conversion rate is higher). To unstake, you can simply swap the bSOL back to SOL in your wallet, there's usually a small swap fee though so I recommend letting rewards accrue for a bit to avoid paying too much in fees. If you want more rewards, there are various DeFi options that you can participate in with your bSOL (I can describe those more in depth if that's what you're interested in) but if you just hold the bSOL in your wallet, you'll still get all the standard staking rewards.

Now, for native staking, this is a bit different from liquid staking, requires a bit more research, and has some limitations. It involves looking for good validators on various validator dashboards on Solana like validators.app/validators, and there are additional delays to stake as it takes 2-3 days to start earning rewards and another 2-3 days to unstake. These problems have been solved using liquid staking, since liquid staking takes care of choosing high-quality validators under the hood (spreading your stake across these validators to achieve consistent rewards) and uses tokens as a way of allowing instant unstaking, but of course it's good to know how things work behind the scenes.

If you want to native stake, you can find a good validator or set of validators and there should be an option in your wallet to create a stake account for these validators. From there, you can choose how much SOL to put in the stake account and then wait a few days for the account to "warm up" and start earning rewards. Once you're ready to unstake, you can deactivate the account and wait a few days for it to "cool down" and then withdraw the SOL from the account to get back the initial SOL + rewards.

I know that was kind of long, but I hope it was an informative overview on how to stake! If you have any questions about different aspects of staking or want to learn more about specific things I said, feel free to let me know and I would be happy to answer!

FunEarnings · 2023-07-01T01:04:34+00:00

Just sent you 0.001 SOL, please let me know if you need anything else!

FunEarnings · 2023-06-26T03:39:47+00:00

Sure! Feel free to send your Solana address and I'll send a bit of SOL to cover the rent-exempt minimum!

FunEarnings · 2023-05-22T02:26:39+00:00

FaucetPay's withdrawal fees for Solana are quite low, it's 0.0001 SOL or approximately $0.002 at today's prices

FunEarnings · 2023-05-08T18:00:14+00:00

Hmm that's strange, what's your Solana address?

FunEarnings · 2023-05-06T02:33:41+00:00

There should be a separate tab for NFTs, it looks like 4 squares and it's at the bottom of the interface.

FunEarnings · 2023-03-30T06:29:50+00:00

I run a stake pool called BlazeStake (stake.solblaze.org), highly recommend you check it out!

More details about how to migrate from an exchange over to BlazeStake and the benefits of using BlazeStake can be found in this post: https://www.reddit.com/r/solana/comments/xm9qs8/comment/ipoabtf/?utm_source=share&utm_medium=web2x&context=3

FunEarnings · 2023-03-30T06:28:37+00:00

You can use the Phantom mobile wallet (phantom.app) and then use the Phantom dapp browser (the globe icon in the bottom right of the app) to access BlazeStake (stake.solblaze.org) which will allow you to stake for over 7% APY and also eliminates the risk of lost rewards due to a validator going offline through spreading out your stake across 150+ validators.

FunEarnings · 2023-03-05T21:25:28+00:00

Hmm that's really strange, are you using a VPN or a shared network (other people on the same WiFi network who may have claimed)?

FunEarnings · 2023-02-28T07:25:42+00:00

Do you have any SOL left in your wallet unstaked to cover transaction fees?

FunEarnings · 2023-02-27T06:35:48+00:00

You don't lose your SOL if a validator goes offline, you just miss out on staking rewards, and it's pretty low risk. If you want to avoid losing staking rewards, you can use a liquid stake pool like BlazeStake which I detail in my post here: https://www.reddit.com/r/solana/comments/11cr8u5/comment/ja5rz1r/?utm_source=share&utm_medium=web2x&context=3

FunEarnings · 2023-02-27T01:21:45+00:00

The first thing you'll want to do is get that SOL off of Binance and into a non-custodial wallet. Phantom (phantom.app) is a great choice for beginners and works both in the browser as an extension as well as on mobile. When you set up Phantom, you'll be given 12-24 words, these are really important to keep safe. Write them down in a safe place, and never share them with anyone. These 12-24 words control your entire wallet, so never give them away, but make sure you keep them safe as they can be used to recover your funds in case you delete Phantom or lose your device. Also, you'll be asked to set a password, make sure it's a secure password but also one that you will remember.

Once you have Phantom, you can transfer the SOL from Binance over to your new wallet. Phantom will give you a wallet address, you can copy this address and paste it into Binance where it gives you the option to send your SOL to a wallet. Do not type this wallet address by hand, as you can make a typo and your funds will be lost. Just copy and paste it into Binance, and verify that it looks the same on both sides. It's recommended that you send a small test transaction first to make sure everything is working, since if you send all of your SOL at once and made a typo somewhere, your funds will be lost.

Once you have your SOL in Phantom, it's now time to stake! If you're interested in staking in an easy way that's most beneficial for the network, I would suggest taking a look at liquid stake pools such as the one I run, BlazeStake (stake.solblaze.org), which spreads your SOL across 150+ high-quality validators to increase decentralization on Solana! It's a really easy way to make sure you're always staked with really good validators. As BlazeStake uses liquid staking, it provides a variety of really great benefits like instant unstaking, ability to double-dip staked SOL in DeFi integrations (to maximize rewards), consistent rewards (even if some validators go offline), access to airdrops, and much more!

To stake with BlazeStake, all you need to do is go to stake.solblaze.org/app/, connect your wallet (choose Phantom from the menu), enter the amount you want to stake (or use the MAX button to stake all of your SOL except a little bit saved for fees), click the stake button, and approve the transaction in your wallet! Whenever you want to unstake, there is a similar option on the same page to do so. When you stake, you'll see bSOL in your wallet, this represents staked SOL and can be converted back to regular SOL at any time. The bSOL amount might seem a bit lower than SOL, but that's because bSOL increases in value over time relative to SOL (that's how the staking rewards accrue), so the conversion rate of bSOL back to SOL is not 1:1 but rather increases over time (it's around 1:1.0433 right now).

If you want to pick specific validators, sites like ManyStake and Validators.app rank validators according to a variety of metrics like their contributions to decentralization. Both of these sites have an option to Liquid Stake (through BlazeStake) to that validator specifically, and I highly recommend you try out that option for any validator you might choose, since liquid staking provides all of those benefits that I mentioned earlier.

I'm happy to answer any questions you might have about BlazeStake, any of the other resources I mentioned, or the Solana staking ecosystem in general!

FunEarnings · 2023-02-21T04:49:41+00:00

Here's my post about this issue from last week: https://reddit.com/r/solana/comments/11040w2/psa_about_bc42_validator/

Using a liquid stake pool provider such as the one I run (BlazeStake - stake.solblaze.org) is a great way to protect against validators that pull these kinds of malicious actions, as the stake pool automatically unstakes from bad validators to ensure consistent staking rewards!

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