STAKING

Staking with VersoView

STAKING APY’S

The term ‘APY’ (Annual Percentage Yield) indicates the rewards that you would receive for a staking duration of one complete year. To calculate the amount of rewards (paid in VVT) that you will receive at the end of the staking period, two factors are considered:

• Staking duration
• The APY

We have prepared some helpful examples to show how we made the calculations and what users can expect in terms of rewards below.

THE STRUCTURE EXAMPLES

Example 1
10,000 VVT staked in the Bronze Pool for 60 days
The APY is 20%. For purposes of this calculation, 20% of 10,000 = 2,000 VVT

Bronze pool’s duration is 60 days, therefore the APY for the staking period is: (60/360) x 2000 = 333 VVT

This means that if you stake until full maturity (60 days); you will get your initial 10k VVT back, and you will receive 333 VVT in rewards.

Example 2
100,000 VVT staked in the Silver Pool for 90 days
The APY is 50%. For purposes of this calculation, 50% of 100,000 = 50,000 VVT

Silver pool’s duration is 90 days, therefore the APY for the staking period is: (90/360) x 50,000 = 12,500 VVT

This means that if you stake until full maturity (90 days); you will get your initial 100k VVT back, and you will receive 12,500 VVT in rewards.

Flexible Early Withdrawal

You have the option to withdraw early, stake until full maturity, or withdraw somewhere in between.

However, leaving early comes at a cost: those who leave early will forfeit some of their rewards, which will then be equally distributed among those who staked until the end.
It is strategic; if others unstake early, those who stake until the full maturity date get a share of the ‘unstakers’ rewards. Patience is rewarded.

Limited Time Period
There is only a limited time period in which to contribute to the staking pools (7 days or until the pool is full), the pools themselves are limited in size; so first come, first served.

Staking Structures
Each new staking pool may have different structures including size, duration and APY. There may be multiple options in a given month, or there may be just one, it is important to stay engaged with VersoView social channels to stay up to date on upcoming pools and rewards opportunities.

 

“The 22” Staking Pool

APY at full maturity

45%

Full maturity

January 1st, 2022

Early withdrawal

30 days

Early withdrawal rewards

0%

Minimum amount staked

None

Staking open for
7 days
Pool size

15 Million VVT

The Pumpkin King Pool

APY at full maturity

35%

Full maturity

October 31st, 2021

Early withdrawal

30 days

Early withdrawal rewards

0%

Minimum amount staked

None

Staking open for
7 days
Pool size

5 Million VVT

“The 99” Staking Pool

APY at full maturity

35%

Full maturity

99 days

Early withdrawal

30 days

Early withdrawal rewards

10%

Minimum amount staked

No minimum amount

Staking open for
7 days
Pool size

5 Million VVT

Community Pool

APY at full maturity

35%

Full maturity
90 days

Early withdrawal

30 days

Early withdrawal rewards

15%

Minimum amount staked

10,000 VVT

Staking open for
7 days
Pool size

4 Million VVT

Bronze Pool

APY at full maturity

20%

Full maturity

60 days

Early withdrawal

30 days

Early withdrawal rewards

12%

Minimum amount staked

10,000 VVT

Staking open for
7 days
Pool size

1 Million VVT

Silver Pool

APY at full maturity

50%

Full maturity

90 days

Early withdrawal

30 days

Early withdrawal rewards

20%

Minimum amount staked

100,000 VVT

Staking open for
7 days
Pool size

3 Million VVT

Gold Pool

APY at full maturity

70%

Full maturity

150 days

Early withdrawal

30 days

Early withdrawal rewards

0%

Minimum amount staked
500,000 VVT
Staking open for
7 days
Pool size
Unlimited VVT