Staking with Backpack wallet
February 1st, 2023

Backpack is Solana's wallet. And this is an inaccurate explanation. It performs more functions than a typical wallet. It's a one-stop interface for everything you need to do in the world of Web3.

Backpack features are xNFTs which are applications, protocols, tools and JPEG files. You manage, trade, delegate, create using xNFT. You can even create your own protocol and tokens without having to convince someone else to implement it or wait for approval. All you need is Backpack.

Backpack is a home for everything related to Web3, and it's still in development. If you work in cryptography, reach out to the Backpack team.

Access to the wallet is currently by invitation only, but if you're already in, you know what a valuable tool it is in the rapidly evolving world of Web3.

This article will show you how to stake your tokens using Backpack, and demonstrate how convenient it is to have everything in one place.

  • Start in the xNFT Library where you can find all needed apps. Choose “Solana staking”

Click on the download icon and approve it in your Backpack wallet. Done!

  • Next steps are simple and similar to the all platforms for staking. Open application tab in your Backpack wallet. Click on “Solana Staking”

Create new Staking account

Find Elagabal

Enter the amount of SOL and click “Create Stake Account”

Approve

And it’s done!

If you click on the account, you can see the details of your transaction.

Simple and fast! It’s the same for other apps. First you download xNFT from the library

And second, you use the app in your wallet!

If you have any questions, reach to us. Thanks for choosing ElagabalX validator!

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