What to do with your SOL? Stake, restake, or just hold?

[Macro Exchange]

SOL is performing well, and the ecosystem is full of staking and restaking options promising 6–10% APY — plus possible airdrops.

Sounds great… until something gets exploited.
We’ve seen too many protocols go down overnight.

So the question:
Do you park your SOL and chase yield, or just sit on it and avoid smart contract risk?

Sometimes doing nothing is the safest alpha.
What’s your move? 

[gunhell16]

SOL is performing well, and the ecosystem is full of staking and restaking options promising 6–10% APY — plus possible airdrops.

Sounds great… until something gets exploited.
We’ve seen too many protocols go down overnight.

So the question:
Do you park your SOL and chase yield, or just sit on it and avoid smart contract risk?

Sometimes doing nothing is the safest alpha.
What’s your move? 

if you yield or stake sol then its yield is like that which is 6-10% which is high compared to other potential cryptocurrencies. This is also one of the sol that I am saving for the long-term anyway.

I hope Bgb is also like Sol where when they have airdrops they give rewards of airdrops tokens to the other holdings of Bgb and I hope it is the same with Sol that has its holdings also receive rewards from airdrops under sol network.

[Spinning99]

Hold or stake. Restake or liquid staking have added risks. It is not worth it for the small extra APR that they give. I just stake most of mine and enjoy the slow rewards.

[asriloni]

Do you park your SOL and chase yield, or just sit on it and avoid smart contract risk?

Sometimes doing nothing is the safest alpha.
What’s your move? 

I do park my sol in the restaking platform to chase yield, capital gain and airdrop at the same time. This pretty much the same like shooting three birds with the same stone. I know you may be worrying about the contract risk, but can be minimalized by restaking in the platform that fully audited or doing audit to their contract periodically.

Bruh never forget no pain, no gain. Even sitting your sol in your wallet is not 100% safe when your priv key gets leaked due to the virus. Think about that.

[passwordnow]

I'll just hold it if ever I've got a lot of it. I won't put it on stake and take the risk of these platforms that will give those percentage of APY. With such risks that it possess, it's better to hold it on my own wallet without having to think of some intruder might just try to hack the platform. That's the scare that I have with these platforms that gives good APY and so, I'll just rely on the appreciation value of it rather than going on with platforms where I can stake it but I know that there is a risk with it.

[nelson4lov]

I'm not really a solana maxi so the little sol tokens I own stay in my wallet and not locked away via staking or restaking. Although I don't think you should have much of a problem staking solana because you can just delegate to validators and if you chose to restake, some of these projects like JitoSol and others have been operating for years and have been audited. If you're going to hold tokens with size for an extended period of time, you might as well stake it.

[Odusko]

Lock them in stake and enjoy a future of steady income From your interest, staking is one of the best and easiest way to earn a steady income from any good projects that have staking features on their platforms, it make alot of sense to also know about the risks that comes with staking to as to be prepared for whatever negative side of staking because no one investment is without risks and crypto related such as staking have it own risks that makes it not Worth some other investor time, but overall, staking is a cool way to generate income.

[hyudien]

SOL is performing well, and the ecosystem is full of staking and restaking options promising 6–10% APY — plus possible airdrops.

Sounds great… until something gets exploited.
We’ve seen too many protocols go down overnight.

So the question:
Do you park your SOL and chase yield, or just sit on it and avoid smart contract risk?

Sometimes doing nothing is the safest alpha.
What’s your move? 

Staking SOL solely for the purpose of earning returns from its APY isn't enough. For me, staking SOL means engaging with a project that's already running. Whether it's based on APY or not, we usually pursue LST or points based on volume, staking duration, or the benefits of adding LP.
Therefore, I usually research specific projects based on Solana first. As you mentioned, the risk of a protocol going down is unpredictable, so I set a budget limit for farming on that platform.

[stuff0577]

SOL is performing well, and the ecosystem is full of staking and restaking options promising 6–10% APY — plus possible airdrops.

Sounds great… until something gets exploited.
We’ve seen too many protocols go down overnight.

So the question:
Do you park your SOL and chase yield, or just sit on it and avoid smart contract risk?

Sometimes doing nothing is the safest alpha.
What’s your move? 

Great points raised here. I lean toward a hybrid approach. I stake a portion of my SOL  but I'm cautious about diving into every shiny restaking farm that pops up with 100% APR banners and cartoon frogs.

Before I park SOL on any new protocol, I ask: Do I understand how this works? Do I know who's behind it? Can I afford to lose it all? If not, I treat it like a casino, not an investment.

The truth is, some of these DeFi farms are like dating apps. Looks promising at first, but rug pulls are always a swipe away.

That said, if you’re tired of DeFi drama and want to bet on something more transparent, try your luck on SolBetX
solbetx.com

Bet wisely… or just stake and chill 

[TastyChillySauce00]

I took the risk and staked my sol, I think as long as there's proper audit about the contract it will be fine. However, always make sure you can afford to lose since even contract audit there are still breaches sometime.
Those juicy APY while waiting for my sol to rise in price is too interesting to miss.

Like as you said though if you content with the price gain, just holding it is completely fine.

[shinratensei_]

Never gonna trust staking where they put my money into the custody of their contract, who knows if there's zero day exploit.
I'm sure even centralized exchange staking is a lot more safer than decentralized staking since the centralized exchange staking are bound with regulation relating to the custody.

I will only stake in a DEX if the annual return is more than 100% so it's worth the risk.

[mich]

Well I am just hodling my SOL. I do not want to stake them because if you do this you do not own the keys to them any more.  And the profit is not alot for me to not have to worry about them being staked.
Solana did make some big gains this week up more then 11 percent. When Bitcoin does go above 120k I do think Solana will make even more gains.
https://cryptorank.io/news/feed/938bf-solanas-recovery-hangs-on-breaking-these-critical-levels

[MArsland]

So far I prefer to hold SOL, because it is for farming options such as staking etc. I prefer to use ETH, it's just that lately the soaring rise of ETH has made GWEI less friendly. If you see a better opportunity please do your research, there are not many products in the Solana ecosystem that offer great returns from staking.

[Webetcoins]

SOL staking is good enough, not really that much of a big deal. I should be considering how it could get a lot more I am sure of that, but I am not really dealing with that, and focus on doing a lot better. I get that it is not a big deal, like I can't make a huge amount of money, but I know that it should have done a lot better.

Unfortunately I do not have that much time, and not like I have a lot of money neither, so I feel like it doesn't really worth on dwelling over it. But that should be something that can be doable, for me staking is the simplest and easiest method of money making, but I am sure there must be something that could get a greater return, I am just not aware of it, and can't do it, so if you can find it, please go ahead.

[ultrloa]

SOL is performing well, and the ecosystem is full of staking and restaking options promising 6–10% APY — plus possible airdrops.

Sounds great… until something gets exploited.
We’ve seen too many protocols go down overnight.

So the question:
Do you park your SOL and chase yield, or just sit on it and avoid smart contract risk?

Sometimes doing nothing is the safest alpha.
What’s your move? 

Why not do those options you mentioned and see for yourself the result. For sure you would gain some experience dealing with this coin and then you would find what suitable activities that fit on your investment style.

But for me I'm not considering to have SOL for now since my main focus is Bitcoin and second option is ETH. Although that coin is promising but I'm not interested with this coin for awhile. So lets see what's going to happen in future if there's some good revolutionary things that will happen on SOL.

[Macro Exchange]

SOL is performing well, and the ecosystem is full of staking and restaking options promising 6–10% APY — plus possible airdrops.

Sounds great… until something gets exploited.
We’ve seen too many protocols go down overnight.

So the question:
Do you park your SOL and chase yield, or just sit on it and avoid smart contract risk?

Sometimes doing nothing is the safest alpha.
What’s your move? 

Why not do those options you mentioned and see for yourself the result. For sure you would gain some experience dealing with this coin and then you would find what suitable activities that fit on your investment style.

But for me I'm not considering to have SOL for now since my main focus is Bitcoin and second option is ETH. Although that coin is promising but I'm not interested with this coin for awhile. So lets see what's going to happen in future if there's some good revolutionary things that will happen on SOL.

Yes, Everyone has their own strategy and comfort zone - focusing on BTC and ETH as core assets is definitely a solid and proven approach. I’m exploring other options like SOL just to better understand the market dynamics and potential use cases, but it’s true that timing and long-term vision matter most

[jackpotmaster]

Never gonna trust staking where they put my money into the custody of their contract, who knows if there's zero day exploit.
I'm sure even centralized exchange staking is a lot more safer than decentralized staking since the centralized exchange staking are bound with regulation relating to the custody.

I will only stake in a DEX if the annual return is more than 100% so it's worth the risk.

I feel the same way, that is why it is good to only stake at the protocol level. There is no contract and such exploit can't happen. If the whole protocol is hacked then the coin is gonna crash hard anyways so it is not a big worry. Some networks also have fast unstaking so it is even less of a problem. Even with Solana 2 to 3 days is not that bad.

Yes, Everyone has their own strategy and comfort zone - focusing on BTC and ETH as core assets is definitely a solid and proven approach. I’m exploring other options like SOL just to better understand the market dynamics and potential use cases, but it’s true that timing and long-term vision matter most

ETH has bad price performance and 1 transaction can make you lose everything you own, so it is not a solid approach. It is very risky.