Where and How to Stake Vanar Chain (VANRY)

Introduction

Staking Vanar Chain can be a great option for those who want to hold VANRY 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 Vanar Chain (VANRY) Tokens

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

   Platform	Coin	Price
   Bitpanda	Vanar Chain (VANRY)	0.13
   Binance	Vanar Chain (VANRY)	0.1
   Bitmart	Vanar Chain (VANRY)	0.09
   MEXC Global	Vanar Chain (VANRY)	0.13
   BingX	Vanar Chain (VANRY)	0.13
   Bitget	Vanar Chain (VANRY)	0.13

   See all 15 prices

2. 2. Choose a Vanar Chain Wallet

   Once you have VANRY, you’ll need to choose a Vanar Chain wallet to store your tokens. Here are some good options.

   Platform	Coin	Staking rewards
   Binance	Vanar Chain (VANRY)	Up to 3.5 APY

3. 3. Delegate Your VANRY

   We recommend using a staking pool when staking VANRY. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their VANRY, 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 Vanar Chain network. You’ll be rewarded with VANRY 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.