Can you stake Moonbeam on Ledger?

I'm curious, can you stake Moonbeam on a Ledger hardware wallet? I understand that Ledger is a popular choice for securely storing cryptocurrencies, and staking is a way to earn rewards by holding onto specific tokens. So, is it possible to stake Moonbeam on a Ledger device, and if so, how does the process work? I'm interested in learning more about the potential benefits and risks associated with staking Moonbeam on a Ledger, as well as any specific steps or considerations that I should be aware of.