Where & how to stake VERAsity (VRA)

Introduction

Staking VERAsity can be a great option for those who want to hold VRA 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

1. 1. Obtain VERAsity (VRA) tokens

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

   Platform	Coin	Price
   Bitpanda	VERAsity (VRA)	$0.0036
   OKX	VERAsity (VRA)	$0.0036
   Bitmart	VERAsity (VRA)	$0.0036
   BingX	VERAsity (VRA)	$0.0036
   MEXC Global	VERAsity (VRA)	$0.0036
   Kucoin	VERAsity (VRA)	$0.0036

   See all 9 prices

2. 2. Choose a VERAsity wallet

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

   Platform	Coin	Staking rewards
   Bitmart	VERAsity (VRA)	Up to 2% APY

3. 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. 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.