FAQ for VEGA guides

Frequently asked questions to start staking

Written by Angelina
Updated over a week ago

1. What browser should I use?

It is best to use Google Chrome. If you want to use the Brave browser, you will have to disable brave shield.

To disable it select the lion in the url as shown in the image below.

You can then disable the shield by clicking on the toggle.

2. I am not able to import the mainnet network in my terminal in order to run it?

To find the list of networks use the following command:

For Windows: vegawallet network list

For Mac: ./vegawallet network list

If you do not see the network “mainnet1” in the list, then you will have to import it. Use the following command:

If you are experiencing issues importing the mainnet network, another way to do this is to download the file “mainnet1.toml” from here: https://raw.githubusercontent.com/vegaprotocol/networks/master/mainnet1/mainnet1.toml. To download it, open the page and press "Ctrl" - S and save it into the same folder where your “Vegawallet” file is. Then run the following command in the terminal:

For Windows: "vegawallet network import --force --from-file ./mainnet1.toml.txt"

For Mac: ./vegawallet network import --force --from-file ./mainnet1.toml.txt

3. Can I stake locked VEGA?

If they are coinlist - see the next question (4); if they chose ERC-20 after cl sale - its the same process as with liquid tokens.

4. My VEGA are locked on coinlist, can I stake them?

Coinlist will support staking, but more information will have to come from them about how they will do it. For those of you who have their tokens locked on Coinlist: Coinlist will support staking. More information will have to come from them about how they will manage it.

5. How to redeem unlocked tokens from coinlist?

Via token.vega.xyz. It will show up on metamask.

6. What is Vega staking APR?

This figure is variable and will depend on the % of the total VEGA supply that is staked.

7. Do I need ETH to pay for fees?

Yes you need ETH to pay to associate and dissociate your VEGA tokens as well as to withdraw your VEGA staking rewards. The gas fees are variable and Vega has no control over it.

8. Do VEGA rewards compound to the VEGA stake?

No, to add rewards to your stake, you will have to withdraw the rewards manually and associate the new VEGA to your stake. Since this costs fees, its usually best to wait to accumulate enough rewards before adding it to your stake.

9. What happens if I lose my passphrase?

You will lose your staking rewards that you have not withdrawn yet, but your staked VEGA is safe. You have to un-associated and re-associate to a new VEGA key.

10. Where can I find the VEGA token contract?

You can find it here: https://token.vega.xyz/

11. How to save phrase?

Write it down offline. To import it, write it on notepad with .txt file.

12. I am inputting my wallet username and passphrase, however I receive this error:

Please make sure your wallet service is open and running in your command line terminal.

For more information on staking Vega (VEGA) with P2P Validator visit https://p2p.org/vega.

You can also get in contact with our community on telegram or with a live agent by selecting the speech bubble on the bottom right of this page.

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