How to manage stake accounts

Managing stake accounts created via native staking

When using Direct Staking, you can choose to stake natively with a validator. It means your stake will be delegated to this validator bypassing JPool, and this validator's APY will apply to it.

When you do this, a new stake account is added to your stake account list and activated in the end of the current epoch. You can activate and deactivate, merge and split existing stake accounts, redelegate them to JPool, or withdraw SOL from them.

If you you already have an active stake account with one of the validators included in the JPool Delegation Program, you can easily redelegate it to JPool to receive JSOL by pressing the Convert to JSOL button on the Liquid Staking tab.

When you stake natively to a validator, its APY applies to your stake. It might be marginally higher than what JPool has to offer but in this case you become ineligible for the benefits of liquid staking.

Activate stake accounts

Step 1. Press Activate for the stake account you want to activate.

Step 2. Confirm the transaction in your wallet app. If it's successful, you will see a confirmation pop-up.

Your stake account will be activated in the end of the current epoch. You won't be able to manage it until it's active. You can stop the activation process at any time by pressing Deactivate.

You can activate multiple stake accounts at once by checking their boxes and pressing the Activate button.

Deactivate stake accounts

Step 1. Press Deactivate for the stake account you want to deactivate.

Step 2. Confirm the transaction in your wallet app. If it's successful, you will see a confirmation pop-up.

Your stake account will be deactivated in the end of the current epoch. You won't be able to withdraw SOL from it until it's inactive.

You can deactivate multiple stake accounts at once by checking their boxes and pressing the Deactivate button.

Merge stake accounts

Step 1. Check the boxes of the stake accounts you want to merge.

Step 2. Press the Merge button.

Step 3. Confirm the transaction in your wallet app. If it's successful, you will see a confirmation pop-up.

The stake accounts are merged into one.

Split stake accounts

Step 1. Press Split for the stake account you want to split.

Step 2. In the Split Account pane, indicate how many SOL you want in the new stake account or press one of the three proportion buttons with different ratios.

Step 3. Press Split.

Step 4. Confirm the transaction in your wallet app. If it's successful, you will see a confirmation pop-up.

A new stake account is created holding the amount of SOL you have indicated. The original stake account's balance is reduced by said amount.

Withdraw SOL from stake accounts

You can only withdraw SOL from an inactive stake account. If it's active, deactivate it first, following the steps in Deactivate stake accounts.

Step 1. Press Withdraw.

Step 2. Confirm the transaction in your wallet app. If it's successful, you will see a confirmation pop-up.

The withdrawn SOL is deposited to your wallet.

You can withdraw SOL from multiple stake accounts at once by checking their boxes and pressing the Withdraw button.

Redelegate SOL from stake accounts to JPool

You can redelegate SOL staked natively with a validator to JPool. There are two redelegation options: via Liquid Staking and Direct Staking.

Step 1. Press the Redelegate to JPool button for the stake account to be redelegated to JPool.

Step 2. In the drop-down list, choose Liquid Staking or Direct Staking.

If you choose Liquid Staking, JPool will delegate your SOL to validators according to its Smart Delegation Strategy. In case of Direct Staking, JPool will delegate your SOL to this specific validator. In both cases, you will receive JSOL in return for your stake.

Step 3. Confirm the transaction in your wallet app. If it's successful, you will see a confirmation pop-up.

Your stake account is redelegated to JPool.

You can redelegate multiple stake accounts via Liquid Staking by checking their boxes and pressing the Redelegate to JPool button.