Why this matters
What makes on-chain markets different: tokens, wallets, DEX pools and settlement. This study guide accompanies the video "How To Trade Tokens, Stake, and Use NFTs on Solana with Step Finance!" by VoskCoin and connects it to the Cryptocurrency fundamentals course on MAPLUStrade.
What the video covers
- Decentralized trading on the Solana Blockchain
- Step Finance a central HUB for all your Solana needs
- Step Finance the front page of Solana
- How to make a decentralised trade on Step Finance
- Staking for passive income
- How to use the Phantom wallet
- Easy money by adding liquidity
- Earn more by Yield Farming
- Viewing and sharing your NFTs
- A fun and easy to use DEX
Key terms
- mint address: The unique on-chain address that identifies a token; the ticker is not the identity.
- supply: The total number of token units that exist, which with price gives market capitalisation.
- settlement: The moment a trade is written to the chain and balances actually change.
- finality: The point after which a confirmed transaction cannot be reversed.
- amm: An automated market maker: a pool whose curve sets the price instead of orders.
Check your understanding
- What is a token?: Supply, decimals, mint addresses and why the ticker is not the identity.
- How on-chain trades settle: Transactions, signatures, slots and finality.
Apply it on MAPLUStrade
Every swap on MAPLUStrade is non-custodial: the quote comes from Jupiter, you sign in your own wallet, and the fee is shown before you confirm. Check the token's mint authority and liquidity locks on its risk panel first.
Educational content only. Nothing here is financial advice; every trade is your own decision and risk.