Staking involves holding and locking up a cryptocurrency to help facilitate the operations of a network and earn rewards in return. Here's a clearer guide on how to stake $VSC using the InPersona Wallet:
Start Staking
- Navigate to Wallets Area: Go to InPersona DApp>Wallets and select Vyvo Smart Chain.
- Initiate Staking: Click on the "Stake" button or select $VSC and then choose the "Stake". Then select "Stake" again. Note that staking is accessible as long as the maximum cap of $VSC & staking has not been reached.
3. Specify Staking Details: Choose your staking period, amount and click "Stake" to confirm.Clicking on “Max” will add all $VSC to the stake. Ensure to have enough $VSC to cover the gas fees or the operation will be cancelled.
Expected APR:
- 28% APR - 12 months stake
- 24% APR - 6 months stake
- 18% APR - 1 month stake
- 14% APR - 7 days stake
Options After Staking
When the staking period ends, you can unstake, restake, or claim rewards.
Claiming Staking Rewards
You can claim rewards from staked $VSC at any point during the staking period.
- Navigate to Staking Area: Go to InPersona DApp>Wallets and select Vyvo Smart Chain then click on "Stake" button.
2. Claim Rewards: Scroll down to the "Active Stakes" section, click "Claim Rewards" on your chosen stake and confirm by clicking on "Claim Rewards" on the pop-up page.
3. If the operation is successfully completed, the reward will be added to the $VSC amount of your VSC Wallet.
Please note:
- Ensure to have enough $VSC to cover the gas fees or the operation will be cancelled.
- If you claim rewards before the staking period ends, the stake will continue until the period ends. The calculation for "Claimable Rewards" will reset, while "Total Earnings" will display all earnings, including those already claimed.
Checking Staking History
- Navigate to Staking Area: Go to InPersona DApp>Wallets and select Vyvo Smart Chain then click on "Stake" button.
2. Scroll down to the "Active Stakes" section, and choose the stake you wish to check. You'll find the "Event Log" at the bottom of the pop-up page.
Please note:
- The claimed rewards amount history is visible only in the Active Stakes section. In the Transactions records of the VSC page of your Wallet, you will only see the transaction but not the amount.