Let’s dive right into it. First, you will need to ensure that you’re holding $VAI, VAIOT’s native asset to be able to stake. If you don’t have any yet, you can get them via our website: here.
- ✅ Please note that to store your $VAI assets, you will need to have an ETH compatible wallet such as MetaMask, WalletConnect, Coinbase Wallet, Fortmatic or Portis.
🚀 Staking Your $VAI
To get started with staking go to https://staking.vaiot.ai/#/ and on the top-right menu select “Connect to a wallet”.
A pop-up will appear, asking you to select the wallet of your choice. In this guide, we will be using MetaMask however, for all mentioned wallets, the further steps are the same.
Fill out your password to complete the connection. If your wallet is successfully connected, you should now be able to see your address in the top-right corner along with the number of $VAI and $ETH in your wallet.
To join in pre-staking, select “Pre-Staking” on the top menu (see image below).
Once you’ve selected “Pre-Staking”, you will have to approve the staking contract, which will pop up before you deposit. Please keep in mind that in order to sign the contract, you will have to pay gas fees. Once you’ve signed, fill out the amount of $VAI that you’d like to deposit. After that, simply select “Deposit”, confirm your transaction. And that’s all folks, you’ve now pre-staked your $VAI.
- ✅ Please do keep in mind that gas fees are currently still paid in $ETH.
- ✅ VAI Token Smart Contract Address: 0x9f801c1f02af03cc240546dadef8e56cd46ea2e9
NOTE: Please make sure that you only use information, links, addresses provided via the official VAIOT channels.
General Staking Information
- Start: on 10.03.2021
- Duration: approx. 9 months
- Rewards: will be accumulated from the very beginning
- Withdrawals: are available to be processed at any time
A maximum of 10,000,000 VAI Tokens can be staked during the whole Pre-Staking program. It amounts to around 17,1% of the total circulating supply at the end of the program (58,432,384 VAI). As the whole token supply will not be available from the beginning, tokens will be accepted for staking according to the following schedule. Taking a 10-wave approach allows controlling the supply available on the market.
- ✅ For more information on receiving rewards, please visit our pre-staking announcement.