Hello. I am looking to stake my Velas and

have a couple of Q's. Much appreciate any help folks can provide. Happy to go to links, but please don't post basic links about staking if my specific questions are not explained there. Much appreciated!
1. Is there any risk in staking with a validator in Velas wallet? Is it possible for me to lose my investment?
2. What does commission mean? Does 10% commission mean that the validator keeps 10% of the rewards and distributes the rest?
3. Is there benefit to staking with a validator with many or few stakers? Does number of stakers matter?
Thank you!

#cryptocurrency #english #velas

14.01.2022

10 ответов

11 просмотров

Hossein

#staking

14.01.2022

Velas Bot

💫 Velas Delegate Staking and Masternode • How do I delegate VLX? Staking in Velas is in fact delegated staking, meaning that users delegate their tokens to the node on their choice. However, users can choose the node only in case is staking takes place on Velas Wallet, in the case of Exchange, users do not have an opportunity to choose the node. To earn passive rewards from Delegation, the minimum amount to stake is 1 VLX. 👉 For Tutorial, Click Here. • How much VLX do you need to run a master node? At the start, you can run a validator with any amount of VLX, when there will be more than 19 validators with a stake weight of 1M, the validators with a lower stake weight will not get a reward anymore. 👉 Read More about Running a Validator Node. Staking is also available on the exchanges (Probit and BW) for any amount of VLX which is easy and accessible: stake as little as 1 VLX. More information about staking on the exchanges can be found at the following links: BW - https://bwexchange.zendesk.com/hc/en-us/articles/360042114531-About-VLX-staking-event-announcement Probit - https://support.probit.com/hc/en-us/articles/900000768786-VELAS-VLX-Staking-Event-Get-1-50-1-65-Monthly-Rewards 🎥 Tutorial to Stake and Swap on Velas 3.0 https://support.velas.com/hc/en-150/articles/360021252639-How-to-stake-and-swap-on-Velas-3-0

14.01.2022

Hossein

A 100% commission / Fee means you get 0% of your earnings on your Staked VLX. A 0% commission / Fee means you get 100% of your earnings on your Staked VLX. Choose validators who receive less commission

14.01.2022

Adam Автор вопроса

Hossein
#staking

I've already seen all this and it answers zero of my questions. Responses much appreciated. thanks in advance

14.01.2022

Hossein

Validators do not have access to your assets

14.01.2022

Hossein

Adam
I've already seen all this and it answers zero of ...

Number does not matter

14.01.2022

Adam Автор вопроса

Hossein
Validators do not have access to your assets

no worries about validators running away or bad behavior?

14.01.2022

Hossein

Adam
no worries about validators running away or bad be...

Your asset is safe

14.01.2022

Adam Автор вопроса

Hossein
Your asset is safe

all validators deliver similar rewards over time?

14.01.2022

Hossein

Adam
all validators deliver similar rewards over time?

Depends on the validator, The lower the commision the bigger rewards you will get. APR is 10-12% you can check velasvalidators.com or velasmonitor.stakingbridge.com or https://velasity.com/validators

14.01.2022

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