Disclaimer: I believe that the following websites and platforms I am using/intend to use are legitimate but I can’t stick my neck out and declare the same on your behalf. Please don’t regard this as financial advice, only the stepping stones this layperson is employing out of a desire to create something substantial ;)

SOL has skyrocketed in price and popularity this year. It seems poised for further growth next year, so I’m keen to build a SOL portfolio as rigorously as possible.

Step 1: Register your account with both Coinbase and FaucetPay

Step 2: Visit this site (https://solfaucet.togatech.org/) and input your SOL address from Coinbase. Solve the captcha and rejoice in the SOL being deposited into your account a few minutes later

Step 3: Visit this site (https://11bit.co.in/fp/sol/?__cf_chl_tk=fBozbhhiNDdaaBJVdXlJlBOnNO8bisWOYIrKay_jEFI-1640537924-0-gaNycGzNCeU) and input your SOL address from FaucetPay. Solve the captcha and delight in the SOL being deposited into your FaucetPay account. You can do this 11 times a day to collect all the SOL available to you!

Step 4: If you are not rendered exhausted by the 11 times of rinse-and-repeat, visit this site (https://memesbitco.in/solana/) and input your SOL address from FaucetPay. Endure 4 rounds of link clicking before heaving a sigh of relief at the 200 satoshis deposited into your account

Step 5: Do Steps 3-4 every day until you hit the minimum withdrawal requirement of 0.0006 SOL. As you can see, I’m only halfway there. 

By the way, since FaucetPay is a micropayment wallet, it charges a small fee for withdrawals. Try not to wince at the 0.0001 SOL being deducted as processing fee. Instead, feel grateful at your gain of 0.0005 SOL.

Step 6: Now I haven’t done this yet but when my portfolio grows of significance, I intend to check out the various DeFi protocols listed on Defillama (https://defillama.com/chain/Solana). Two protocols Solend (https://solend.fi/dashboard) and Francium (https://francium.io/app/lend)strike me as promising; maybe I will stake my SOL with them. DegenGamer also pointed out the possibility of leveraging Marinade finance - it’s a liquid staking protocol. In return for depositing your SOL which you earn staking rewards on you also get mSOL which you can then stake on Francium and other Defi protocols.

Otherwise, I can play it safe and stake my SOL at 6% at FTX. Can’t wait!

Are you invested in SOL yourself? :p