The Vara Network is a substrate-based smart contract platform known for its speed, scalability, and forward-looking design. It is prominently recognized as the first stand-alone network within the Gear Protocol framework, which is geared towards the creation and deployment of decentralized applications (dApps).
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$ 3,583
Annualized reward20%
All numbers provided should be considered approximate calculations of possible performance
- Daily earnings65.75 VARA$ 2
- Monthly earnings2,000 VARA$ 48
- Yearly earnings24,000 VARA$ 573
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F.A.Q
What is Vara?
The Vara Network is a substrate-based smart contract platform known for its speed, scalability, and forward-looking design. It is prominently recognized as the first stand-alone network within the Gear Protocol framework, which is geared towards the creation and deployment of decentralized applications (dApps).
How often are staking rewards distributed?
Rewards on the Vara network are distributed at the end of each era, which lasts 12 hours.
Is there an unstaking period?
There is a 7 days lock-out period for unstaking during which you will not receive staking rewards.
Is there a slashing risk for validators?
Yes, there is a slashing risk if a validator acts maliciously or negligently, such as through equivocation (double-signing), unresponsiveness, or producing an invalid block.
Is there a minimum staking amount for Vara?
The minimum self-stake required for a validator is 50 VARA, but the actual amount may be significantly higher due to competition.
Do staking rewards compound?
The Vara network offers the option to compound staking rewards, where the rewards are automatically re-staked and bonded.
What is the Vara inflation rate?
The maximum inflation rate in the first year is 6.00%, which gradually decreases to a minimum of 3–4% beyond the fifth year.
How to stake
Vara Staking Guide
Dec 05, 2023
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Why P2P?
Most Reliable Validator
P2P uses its unique algorithm to execute the best staking strategy, providing investors with optimal APR interest on their stake. 0 slashing events since the very first era, placing us among the most reliable validators.
A team of blockchain experts
Our engineers have deep knowledge of every blockchain they work with. We are always in touch with the community to be up-to-date with all the latest developments. The team is ready to solve any issues 24/7 and is always focused on providing a secure and reliable service for our clients.
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