Feb 22, 2024
How to Stake VARA
Guides · 6 Minute Read · Written by Kilian Boshoff
TL;DR:
- View the current Vara Network staking APR here
- Use the Vara Network Staking Calculator to estimate your rewards
- Lockup: 7 days
- Average commission rate: X%
- Minimum amount required for staking: 50 VARA
- Estimated time needed to stake your VARA in your wallet: 3 minutes
- Recommended Vara Network staking wallets: Ledger, Talisman Wallet, Subwallet
- Steps to stake:
- Step 1: Go to the VARA Staking Dashboard and connect your wallet.
- Step 2: Click on the “Nominate” tab, then select “Start Nominating”
- Step 3: Select a payout option and click “Continue”.
- Step 4: Select a validator from the table. If you are unsure which validator to delegate to, refer to our FAQ on choosing a validator for guidance.
- Step 5: Finalize by clicking stake and confirming the transaction in your wallet.