Where and How to Stake Vector Finance (VTX)

Introduction

Staking Vector Finance can be a great option for those who want to hold VTX but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Vector Finance (VTX) Tokens

   In order to stake Vector Finance, you need to have it. To obtain Vector Finance, you'll need to purchase it. You can choose from these popular exchanges.

2. 2. Choose a Vector Finance Wallet

   Once you have VTX, you'll need to choose a Vector Finance wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   MyCointainer	Vector Finance (VTX)	Up to 17.21 APY

3. 3. Delegate Your VTX

   We recommend using a staking pool when staking VTX. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their VTX, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 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 Vector Finance network. You'll be rewarded with VTX 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.