💫 Velas Delegate Staking and Masternode • How do I delegate

Question

💫 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

#cryptocurrency #english #velas

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01.04.2022

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Isidoro M. · Accepted Answer

Isidoro M.

When for ledger?

0

02.04.2022

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💫 Velas Delegate Staking and Masternode • How do I delegate

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