Where and how to stake Victory Impact (VIC)

Introduction

Staking Victory Impact can be a great option for those who wish to hold VIC while earning yield in a safe manner and contributing to the network. The steps can be somewhat daunting, especially the first time you do them. That’s why we have put together this guide for you.

Step-by-Step Guide

1. 1. Acquire Victory Impact (VIC) Tokens

   To stake Victory Impact, you need to have it. To obtain Victory Impact, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Binance	Victory Impact (VIC)	0.40
   BTSE	Victory Impact (VIC)	0.40
   Bybit	Victory Impact (VIC)	0.40
   Gate.io	Victory Impact (VIC)	0.40
   HTX	Victory Impact (VIC)	0.41

   See all 5 prices

2. 2. Select a Victory Impact Wallet

   Once you have VIC, you’ll need to choose a Victory Impact wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Binance	Victory Impact (VIC)	Up to 5.90 APY

3. 3. Delegate Your VIC

   We suggest using a staking pool for staking VIC. It's easier and quicker to get started. A staking pool is a collection of validators who combine their VIC, which increases their odds of validating transactions and earning rewards. You can do this through your wallet’s interface.

4. 4. Start Validating

   You'll have to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Victory Impact network. You'll be rewarded with VIC for these validations.

What to Keep in Mind

You need to keep in mind the transaction and staking pool fees. Additionally, there might be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this can take a while.