How to liquid stake WAL on Haedal with Phantom

Go to the Haedal official page and click Connect Wallet. In this example we’ll use Phantom, so select Phantom. If you don’t have a Phantom wallet yet, you can create one from scratch by following our tutorial.

Click WAL and you’ll see two options for staking:

• Automated: your tokens are automatically delegated to the validators suggested by Haedal.
• Manual: you choose the validator yourself.

In this tutorial we’ll use Manual, so select Manual.

Enter the amount of WAL you want to delegate. Then click Choose a Validator and select Stakely as your validator.

Click Stake WAL and approve the transaction in Phantom.

When you delegate WAL on Haedal, you’ll receive haWAL, a token whose value increases relative to your staked WAL as rewards accumulate. You can also use haWAL in DeFi protocols to earn additional yields—just make sure to assess the risks of each protocol.