When staking Vega (VEGA) you are supporting the network with the additional benefit of compounding your VEGA!
Staking VEGA is the process of holding a VEGA "stake" to participate in and support the operations in the Vega network and receive rewards. To be a "Validator" and participate in these operations, one must maintain a server running continuously, have technological know-how and experience, and have a significant amount of VEGA stake.
This is where the P2P.org Validator comes in. We allow VEGA token holders to forget about all the heavy lifting, i.e., maintenance, surety bonds, etc., by "delegating" their holdings to P2P to receive these rewards. We accumulate users' stakes and act as a major validation node, receiving and allocating staking rewards between our users' pro rata to the delegation.
Users that choose to stake with P2P maintain full custody of their VEGA at all times, and P2P will never have access to them.
Example:
Let's assume the APR for staking VEGA is 10.4% with a 20% fee, and 1000 VEGA are delegated to P2P.
Reward: 1000*10.4% = 104.5 VEGA
Fee = 104.5*20% = 20.9 VEGA
Estimated balance after 1 year = 1000+104.5-20.9 = 1083.6 VEGA
By simply delegating my 1000 VEGA as I hold it, I will have supported the network and earned an additional 83.6 VEGA after 1 year.
To find out today's APR and fees for VEGA, visit P2P Staking Rewards and fees.
The APR specified is approximate and changes with network conditions. Please keep in mind that each reward payout varies depending on the number of slots assigned to block producers.
For more information on staking Vega (VEGA) with P2P.org, visit https://p2p.org/vega.
For additional staking support, visit the P2P VEGA Help Centre.
You can also get in contact with a live agent by selecting the speech bubble at the bottom right of this page, sending a message to the Telegram bot, or emailing [email protected].