Introduction
Staking Verasity can be a great choice for those who want to hold VRA but earn yield in a secure way while contributing to the network. The steps can be a little overwhelming, especially the first time you go through them. That’s why we’ve put this guide together for you.
Step-by-step Guide
1. Get Verasity (VRA) Tokens
To stake Verasity, you need to have it. To obtain Verasity, you'll need to purchase it. You can choose from these popular exchanges.
2. Select a Verasity Wallet
Once you have VRA, you’ll need to choose a Verasity wallet to store your tokens. Here are some good options.
3. Delegate Your VRA
We recommend using a staking pool when staking VRA. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their VRA, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Verasity network. You'll be rewarded with VRA for these validations.
What to be Aware of
There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
Latest Movements
- Market capitalization
- US$41.24M
- 24h volume
- US$12.08M
- Circulating supply
- 9.8B VRA